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Saudi Stock Exchange's TASI Edges Up Amid Geopolitical Crosscurrents

Guavy AI Editorial Team
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The Saudi Stock Exchange's main index, Tadawul All Share Index (TASI), showed resilience in Thursday's trading session, rising 0.04% to 10,891.57.

This modest gain belies the complex market dynamics at play, as investors navigated a confluence of falling oil prices, encouraging geopolitical developments, and strong domestic catalysts that have driven the benchmark to its highest monthly closing levels.

The TASI has now strung together five consecutive positive sessions, with trading volumes remaining healthy throughout the session. Institutional investors showed particular interest in banking and financial services stocks, leading the market's advance.

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