empty
 
 

2026.03.0110:37:53UTC+00TASI Falls 5% at the Open

Saudi Arabia’s benchmark stock index, TASI, dropped as much as 5% to 10,214 at the open on Sunday—its lowest level since March 2023—before rebounding to around 10,700 as investors weighed the impact of U.S. and Israeli strikes on Iran. In response to the attacks, Iran moved to restrict traffic through the strategic Strait of Hormuz, a vital corridor for roughly one-fifth of global oil supply and substantial volumes of natural gas, and launched strikes across neighbouring countries, including Saudi Arabia. Although escalating tensions in the Middle East are likely to disrupt regional economic activity and dampen investor sentiment, oil prices are expected to rise. Higher crude prices could, in turn, support Saudi Arabia’s economy, reflecting its role as one of the world’s largest oil exporters.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback