Tassi is on its way to the biggest weekly profits since November 2023

The most important Saudi Market Index is to end the current week’s trading on 3.8%, which is the biggest weekly profits recorded by the index since the week ended November 2, 2023, when it rose 4.3%, which was more than a year and a half ago. The positive support of the index comes from the high shares of Al -Rajhi Bank, Akoa Power and the Saudi National Bank during the week, in return, Saudi Aramco shares are in the forefront of the largest company in terms of the influence of the index to record weekly refugees. The market has begun trading today’s marginal declines session, but reflects its direction in the middle of the session to rise by more than 0.4%, stable above the 11 thousand points level. The share of the specialized medical company saw heights at the beginning of the session, but it dropped in the middle of it to record declines for the second trade session. Majed Al -khaldi, the first financial analyst in the newspaper “Al -iqtisadiah”, said in an interview with ‘Al -Sharq’ that the index recorded it last week, during which he managed to strengthen the momentum within the market. He pointed out that there are indications of the reflection of the downward path that began in February last year, suggesting that the importance of the levels of 10800 and 10850 points this week was closed, as a supporting factor for continuing the improvement during the next week. Al -khalidi emphasized that the results of companies and expectations of experience houses to perform the second quarter of the year 2025 will be the most important factor to direct the movement of the market during the next short period.