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TASI Index edges lower amid Fed and liquidity factors
The Saudi Stock Market Index "TASI" closed on Wednesday, September 16, 2026, with a slight decline of 0.02%, at 10,779.96 points. It experienced fluctuations between a high of 10,820.90 and a low of 10,751.02 points, with a trading volume of 3.5 billion riyals. Investor caution persisted due to anticipation of the U.S. Federal Reserve's movement and liquidity effects, leading to mixed performance across energy, commodities, and service sectors. The stock "Redan" rose by 10%, while "Armuh" declined by 4.92%. The market's direction depends on a key support level at 10,750 points, with its stability hinging on continued liquidity increases and expectations regarding the Federal Reserve's interest rate decision, as well as the significant potential impact of monetary policy on future market movements.
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