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Liquidity Boosts TASI Gains

Liquidity Boosts TASI Gains

The TASI continued its advance for a third session, supported by improved liquidity and trading value rising to around SAR 4.5 billion. Advancers widened to 196 stocks, compared with 66 decliners. Analysts Hanan Ramsis and Adel Al-Huwail believe continued liquidity inflows and support from blue-chip stocks, particularly Aramco, could push the index to test 10,293 points, followed by 10,450 and 10,500 points, provided geopolitical conditions remain stable. The 10,500-point level is a major resistance point where profit-taking may occur.

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