10 Hrs
Source:
مباشر
TASI index dips amid Fed influence
The Saudi Market Index "TASI" experienced a slight decline of 0.02%, closing at 10,779.96 points. The session was characterized by investor caution amid anticipation of the U.S. Federal Reserve's decision on interest rates. Trading value in the stock market decreased to approximately 3.5 billion riyals, with sector performance varying; the utilities sector led gains with an increase of 1.28%, while the transportation sector experienced a decline of 1.77%. The session saw fluctuations in support and resistance levels, especially around the 10,750-point mark, as traders awaited the Fed's policy impact on the market. Experts affirmed that sustained significant liquidity would support the stability or potential rise of the index in the future.
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