Tadawul All-Share Index (TASI) ended Thursday's trading on an up note, gaining most since September, 2008. The benchmark rose 0.82% (69.15 points) to 8509 points. More than 243 million shares were exchanged in 121.9 thousand transactions at a turnover exceeding SAR 6.7 billion . Aamer Al Shahri , technical analyst, said the Saudi market is expected to open Sunday's session in the positive territory, then see profit taking especially after the market rally during the last three sessions. In an interview with Radio Mubasher, the analyst added that some sectors that slid over the last period like cement are expected to rebound. He also expected some banks may also move higher, headed by Al Rajhi Bank that still has positive targets that may push it to lead the index over the coming period. The index will likely see moderate profit taking if it breaks the 8441 level, Al Shahri said, adding that the index would not move below the 8200 level; a mark at which the index is expected to rebound towards 8600 and 8700 points. ; All Rights Reserved - Mubasher Info
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