17 Hrs
Source:
الاقتصادية
Tasi receives grace period after return | Al-Economy
The trading session on the Saudi market "TASI" ended with a stability of 0.02% at 10,780 points, as the yield on 10-year Saudi sukuk declined to 5.75%, helping to ease pressure on stocks. The market did not witness wide movement, with 145 stocks declining compared to 112 that rose, and total trading value reaching 3.5 billion SAR, amid investor anticipation of the U.S. Federal Reserve's interest rate decision. The market focused on the impact of changing sukuk yields, as yields decreased by about 7 basis points, which contributes to market stability and increases the likelihood of valuation stabilization, while stocks remain sensitive to fluctuations in yield prices and corporate earnings expectations.
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