Corporate results can return the Saudi Stock Exchange to the Upward Road

Fluctuations in the Saudi Stock Exchange will continue over the next few sessions, affected by global market movements, but the results of the company increase the chances of a return to the increase as the index remains about 11,250 points, according to Muhammad Zidan, senior financial analyst at Al Sharq. The contemporary market decrease is attributed to moral factors, as individual investors liquidate part of their interest in the Riyadh stock exchange to support their positions in global markets that suffered heavy losses following the latest wave of the Eskalation between America and China. But he explained that the fundamental factors in the market are still strong, adding that the results of the company can help the index to compensate the decline. Zidane expected the energy and basic materials sectors to be most affected during the volatility wave, given its impact on oil prices, which fell by about 3.8% at the end of last week.