After the first quarterly profits in a year .. rise Saudi shares in the fourth quarter?

The Saudi Market begins the last quarter of 2025 amid a cautious optimism, after the general index has terminated a third positive, the first in a year, with 3% with the support of the improvement of the liquidity and the emergence of the main sectors. Investors are awaiting the results of companies’ companies for the third quarter, and possible details on the opening of the ownership of shares for all groups of foreign investors to determine the course of the last quarter of this year, at a time when global monetary policy and regional olitical conditions hold the print factors that are difficult to ignore. After months of losses, the general index of its lowest levels in about two years, the Saudi Stock Exchange wore an increase in the second half of September to hold the first quarterly profits in a year, with the support to lower interest rates and the hope of attracting major foreign liquidity. The general index “Tassi” finished the third quarter, increasing 3% at 11502 points, with the support of main market sectors such as financial services, basic materials, banks and communications that achieved quarterly profits between 7% and 10%, in light of a noticeable improvement in the average trading values. Financial analyst Mohamed Zaidan is of the opinion that the technical performance of the index in the last two weeks of the third chapter indicates the beginning of a new wave of rise during the remaining months of the year, and that it is included in the profit of profit, especially with the stability above the moving average for 200 days. Liberalization of foreign ownership refreshed the market, “Bloomberg” cited a member of the ‘Capital Market Authority’ Board, saying that the government is considering allowing foreign investors to own majority shares in listed businesses, and expects the decision to be applied by the end of 2025. Without the necessary qualifying investors, there is no change. Benefits only for the listed securities, which are allowed instead of that direct investment in the shares included in the main market. Read more: The Capital Market Authority is investigating opinions to open the Saudi Stock Exchange for all foreign investors, and despite the decision not officially issued, the market has strongly linked to the news, amid the hope that the step will lead to an increase in the weight of the Saudi market in the indicators of emerging markets such as MSCI and FTS Dollar draws from foreign funds. Mohamed Al -Farraj, head of the asset division in ‘Financial Profits’, explained that the following newspaper sessions an increase in the ownership of foreigners by approximately 140 listed companies, at the forefront of the banking sector, led by ‘Al -Rajhi Bank’, the owner of the second largest relative weight in the index. What would foreign investors prefer? Al -Farraj expects foreign investment to be concentrated in high -fluid stocks and a high free trading rate during the upcoming period, with a relative decline in foreign ownership ratio. Some of the most prominent of these shares are “Dar al -Arcan” for real estate development (and its complete shares are free to trade), and “Al -Marai” (98% free trade), along with “Al -Rajhi” (97.9%). However, Youssef Youssef, director of data development in “Arqaam”, warned to exaggerate the reaction and note that the expected decision regarding the ownership of foreigners may include restrictions on some sectors or strategic enterprises. Reducing the interesting interest was a major supporter that the market had already started to rise, albeit at a slower pace, before the news of the editorial of the ownership was circulated, after the Saudi Central Bank’s decision to reduce interest rates of 25 base points in the wake of a similar step from the federal Reserve on September 17. This led to the transformation of the general mood in the market, amid expectations of decreased costs on companies, especially debt burdened, and the increase in shares compared after fixed tools. Zidane said the appetite for risks to individual investors has returned, suggesting that the transfer of liquidity from fixed income instruments to the stock market reduced interest. Seed Al Thaqfan, a member of the Saudi Economics Association board, indicated that reducing interest would motivate the demand for credit, which could compensate for any pressure on the margins of the bank’s profitability. The financial services sector issues the regulations of profits during the third quarter with the 10%increase, and utilizes the decline in the interest rate offered between Saudi banks (Sibor), which increases the lending and consumer and commercial financing activity. Does the rise continue in the fourth quarter? The continuity of momentum in the market during the last quarter of 2025 will depend on a number of fundamental factors, especially the results of the companies that have already begun to appear, in addition to the development of the Gaza war, and US monetary policies that were increasingly missed in the light of the government’s closure. Mohamed Adel, the financial analyst in “Al -Sharq”, explained that traders will watch the results of companies for the third quarter to determine whether the current profitability recruits are justified after reaching 20 times thanks to the latest wave of Ascension. Ghassan Al -zakir, CEO of the “Financial Standard” business, pointed out that raising the expected foreign investors in the market will lead to more realistic shares based on real profitability rates and expected growth of companies, increasing the long -standing market efficiency, and qualifying to move from indicators from indicators. Geopolitical developments and world pressure in the regional context, Hamas agreed to some items from an American plan to stop the War in Gaza, which could contribute to the calming geopolitical tension, reducing the risks that investors put in their stories when entering emerging markets. Mary Salem, the financial analyst at “Al Sharq”, says it will encourage more foreign investors to enter the Saudi Stock Exchange, and will lead to the sustainability of the heights based on the upcoming decision to raise ownership of foreigners. At the global level, the US government’s closure, which began at the end of September, could affect the timing and size of monetary policy decisions in the United States, especially after disrupting the issuance of basic economic data such as job reports. This ambiguity comes at a time when the US economy suffers from a slowdown in employment and an increase in inflation, in what experts describe as ‘inflationary recession’, which is a confusing scenario for policy makers and increases the complexity of investment decisions associated with world markets.