Analysts cite fears rise and risk decline affecting TASI
The Saudi stock market experienced a sharp decline of 2.32%, closing at 9,695.86 points, amid ongoing geopolitical pressures, heightened fears, and a decreasing appetite for risk among investors. Regional tensions and an increase in selling activity have led to a weakening performance of leading stocks, with attention focused on important support levels at 9,600 and 9,500 points. Market recovery depends on calming geopolitical tensions and the return of institutional liquidity, with investors awaiting the emergence of a price bottom that could pave the way for a potential rebound, supported by financially strong stocks and consistent dividends.
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