Saudi Equities In Line For Long-Term Gains

Saudi Arabia's Tadawul All Share Index (TASI) continues to be a regional favourite of ours; its rally over the past week or so has brought our medium-term target of 6,578 - the index's Q409 high - into range. Having recently bounced off medium-term technical support, the TASI pushed up to close the week on February 17 at 6,411.

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