Publisher: Maaal International Media Company
License: 465734
Tuesday, 15 April 2025
Bloomberg: HSBC strategists classify Saudi stock market as (neutral)
HSBC strategists classified the Saudi stock market as (neutral) from overweight in the portfolio
According to Bloomberg, the strategists warned of the near-term risks resulting from the worsening geopolitical turmoil and the decline in oil prices.
The Saudi stock index “Tasi” ended the first session of the week down 188.50 points, or 1.58%, compared to the previous session, and closed at 11,769.04 points.
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