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Calm and Aramco Lift TASI
The TASI index ended Monday’s session up 0.45%, gaining 44.57 points to close at 9,882.85, supported by the energy sector and Aramco, whose shares rose above 26 riyals. Analysts expect gains to continue on Tuesday as investors await Aramco’s results and strong earnings reports from other companies, provided geopolitical conditions in the region remain calm. They identified 9,800 as a key support level, with 9,900 and 9,930 as resistance. A rise in Aramco shares following its results could help the index recover those levels, while a decline could add to pressure on the index.
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