TASI Roars Back With Its Strongest Weekly Move in Months

The Tadawul All Share Index (TASI) delivered an impressive ~3.3% weekly gain, marking its best weekly performance since the 3rd week of September ’25 (when it surged nearly 5%). This rebound was well-anticipated, especially by our regular weekly TASI update followers.

For weeks, we consistently highlighted that the market had slipped into an oversold zone, making a recovery not a question of “if” but “when.” Price action validated this view with clear bullish patterns emerging on the charts.

The mild pullback seen last Thursday was completely natural, as the index approached a key resistance zone near 11,000. Such pauses often strengthen the structure before the next move.

Key Levels to Watch Next

• 11,000: The index must sustain above this level to gear up for the next leg of upside
• 10,700: Now a strong support zone

As long as TASI holds above 10,700, traders can buy on dips, with strict stop-loss discipline in quality stocks.

The Bigger Picture

This looks less like a dead-cat bounce and more like a structural recovery in progress.

Stay disciplined, stay selective — the market is quietly setting the stage for something bigger.