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Analysts: TASI Awaits New Drivers
The article focused on the performance of the Saudi Stock Market "TASI" during Thursday's session and the week as a whole, where the index declined by 0.32% to close at 10,106.54 points, approaching the 10,000-point level, which is an important psychological and technical support. The market's decline reflects continued selling pressures and the impact of geopolitical tensions, although some sectors such as transportation, media, and pharmaceuticals performed better. Analysts explained that the market currently lacks sufficient liquidity for a recovery and is awaiting corporate earnings results and developments in geopolitical situations. They emphasized the need for increased liquidity and improved geopolitical tensions to support a new rebound and restore an upward trend.
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