Bloomberg Expert Analyzes Leslie's KDJ Death Cross and Bearish Marubozu on 15min Chart

Thursday, Oct 2, 2025 9:31 am ET1min read

According to Leslie's 15-minute chart, a KDJ Death Cross and Bearish Marubozu was triggered on October 1, 2025 at 4:00 PM. This indicates a shift in the stock's momentum towards a downward trajectory, with a potential for further decline. Sellers are currently dominating the market, and it is likely that bearish momentum will continue.

Saudi Arabia's Capital Markets Authority (CMA) has launched a public consultation to gather feedback on its plan to eliminate the concept of "qualified foreign investor" in the domestic stock market. The move aims to broaden the investor base, boost market liquidity, and attract additional investments Saudis seek feedback on plan to open stock market to foreigners[1].

The proposed changes, which align with the CMA's gradual approach to market liberalization, would allow all categories of foreign investors to invest directly in the market without meeting qualification requirements or relying on swap agreements. This expansion builds on previous reforms introduced in July that simplified the investment process for residents of Gulf Cooperation Council countries Saudis seek feedback on plan to open stock market to foreigners[1].

The feedback period for this consultation runs until October 31. The CMA has stated that the goal is to position the Saudi Arabian market as an international marketplace capable of attracting greater flows of foreign capital. This initiative comes as foreign investment in the Saudi main market has increased by almost five times since 2015, exceeding SAR528 billion ($105 billion) by the end of the first half of 2025 Saudis seek feedback on plan to open stock market to foreigners[1].

Meanwhile, the Saudi Arabian All-Share Index (Tadawul) has shown mixed performance. The index is down 4.2 percent this year to date, while the Dubai index is up 14 percent and Kuwait's has risen 19 percent. The Tadawul gained 0.6 percent in 2024 Saudis seek feedback on plan to open stock market to foreigners[1].

In other financial news, Celestica (CLS) ended the recent trading session at $251.69, demonstrating a +2.16% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.34%. Celestica is expected to report earnings on October 27, 2025, with analysts projecting an earnings per share (EPS) of $1.45, up 39.42% from the prior-year quarter Why Celestica (CLS) Outpaced the Stock Market Today[2].

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