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Economy / Saudi Arabia

Greater Market Access To Boost Equities

March 2010 | Market Strategy

Saudi Arabia's Tadawul All Share Index (TASI) continues to justify its status as our preferred GCC bourse. Closing the week on March 17 at 6,674, the TASI has now pushed above its (October) 2009 peak of 6,578 to reach a 17-month high. We have repeatedly flagged up this level as key; it now acts as support in the event of any retracement.

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