Market Performance: What to expect on ME tensions?
13/06/2025
Argaam Special
Tadawul trading screen
Tadawul trading screen
Tadawul All Share Index (TASI) ended the week 1.5%, or 164 points, lower at 10,841, as geopolitical tensions in the Middle East intensified.
Israel launched airstrikes early today on sites inside Iran, in a major escalation of the crisis surrounding Tehran’s nuclear program. The strikes reportedly targeted nuclear facilities.
In response, global oil prices surged, with Brent crude jumping 8% to surpass the $75 per barrel mark.
What to expect for the Saudi market amid ME tensions?
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