The main stock market index in Saudi Arabia, known as TASI, has experienced a notable increase of 132 points or 1.10% since the start of 2024. This surge is attributed to trading activities on a contract for difference (CFD) that tracks this key benchmark.
Looking ahead, analysts and global macro models anticipate that the Saudi Stock Market will conclude this quarter with a value of 11824.27 points. Furthermore, projections indicate that in the coming 12 months, the market could stabilize around 11623.29 points.