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Tasi drops below 10,000 again
The Saudi Stock Market Index "TASI" fell below 10,000 points for the first time since March 2023, closing at 9,952.06 points, down by 171.56 points (1.69%). This decline comes amid rising regional tensions and concerns over their impact on the markets. Trading volume reached approximately 3.8 billion Riyals across 263 million shares. Investor fears increased as pressures on Gulf markets grew, with Brent crude oil prices rising to $111.75 amid worries over energy supply disruptions. The parallel market "NOMU" also declined by 100.92 points.
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