المؤشرات

Professor Ali Gamal Abdelgawad: The Saudi TASI index

• بواسطة دكتور علي جمال عبد الجواد
• 2025 Nov 18
• 547

Prepared by: Professor Ali Gamal Abdel Gawad – Lecturer of Investment and Finance

The Saudi TASI index has seen moderate to positive movements recently, currently trading at around 11,098.80 points.

 This level reflects a balance between improved investor sentiment and some pressure from external factors such as declining oil prices and anticipation of monetary policy decisions.

https://youtu.be/7mbahO5_FF8

 From a fundamental and financial perspective, data shows that the Saudi market is benefiting from several supportive factors:

 A potential announcement from the Capital Market Authority (Saudi Arabia) regarding easing restrictions on foreign ownership in listed companies has generated significant optimism about an influx of foreign liquidity estimated at billions of dollars.

 However, the market still faces risks such as a slowdown in oil prices and the impact of global growth and monetary conditions on liquidity.

 In terms of market valuation, analysts have requested a reasonable range for the index in the coming period (e.g., between approximately 11,300 and 12,300 points in the event of improved conditions) based on corporate earnings and asset growth.

 The Saudi non-oil sector is showing positive growth indicators, which strengthens the market's foundations and reduces its complete dependence on oil.

 From a technical analysis perspective:

 The 11,000-point level is a significant support level; breaking or holding above it could determine the next move.

 Initial resistance is estimated at around 11,300 to 11,500 points. A break above this level with a strong close and trading volume could lead to an upward move towards a higher range.

 On the other hand, weak liquidity or the emergence of negative news could push the market down to around 10,800–11,000 points as an initial target for a decline.

 Technical indicators (moving averages, trading volume) suggest that the market is in a "wait-and-see" phase rather than experiencing a rapid upward surge.

 As for the news, here are the highlights:

 On September 24, 2025, the index saw one of its biggest daily jumps in the past five years following a report about the possibility of raising the foreign ownership limit.

 On September 8, 2025, the market faced pressure and fell to a level near its lowest point in almost two years, as optimism faded regarding a US interest rate cut and its impact on the dollar-constrained Gulf markets.

 Summary: The Saudi market (TASI) appears to be in a “cautious opportunity” position—there are genuine growth opportunities if foreign liquidity and external/internal support are available, but risks exist from the impact of oil prices, the global monetary policy climate, and liquidity volatility. For investors or traders, the focus should currently be on the timing and nature of news and flows, rather than solely on entering based on the index number.

• الوسوم
• Professor
• Ali
• Gamal
• Abdelgawad:
• The
• Saudi
• TASI
• index
• Professor Ali Gamal Abdelgawad: The Saudi TASI index