A violent rise of the Arabic stock exchanges at the beginning of the week’s trading. And a look at Tassie

A violent rise of the Arabic stock exchanges at the beginning of the week's trading. And a look at Tassie
A violent rise of the Arabic stock exchanges at the beginning of the week's trading. And a look at Tassie

The Saudi Stock Exchange opened this week higher and the main TASI index of the Saudi Stock Exchange rose to 11,797 points before trimming profits and now at the time of writing it records 11,754.8 points, up 0.8%.

Indices Arabic in today’s trading

The main index of the Saudi Stock Exchange TASI rose by 0.8%, as well as the 30th index of the Egypt Stock Exchange by 2.3% and the first Kuwait index by 0.75%.

A look at the TASI indicator

After the Saudi stock exchange did not recover from the wave of decline that hit it in trading at the beginning of August, which hit all global markets, led by the US market, in reaction to recession fears and the Japanese bank’s shift to monetary tightening policy.

Since the beginning of August, the Saudi TASI index has fallen by -2.86%, falling in four out of 8 sessions.

Read also:U.S. Consumer Price Index Preview: Trending Lower

Comments

No comments yet. Why don’t you start the discussion?

    Leave a Reply

    Your email address will not be published. Required fields are marked *