TASI Breaks Out, But Nears Resistance Zone

The Tadawul All Share Index (TASI) has confirmed a fresh breakout, signaling strong upward momentum and renewed investor optimism across the Saudi market.

However, the index now approaches a critical resistance zone between the 11,400 and 11,500 levels. A decisive break above this range will be essential for sustaining the bullish momentum and unlocking further upside potential.

Looking ahead, the overall outlook for the coming week remains neutral to bullish.

Traders and investors are advised to position themselves accordingly and monitor price action closely near the resistance zone.