These engines are waiting by investors in the Saudi stock market this week
The Saudi stock market awaits four internal and external engines that can determine its way during this week, after the news of the companies was the most important mentor during the last period. In addition to the results of the affairs of large companies in the market, and interacting with the initial public subscriptions, investors are awaiting the reaction of the markets to US Customs duties after a threat to impose new fees on a number of countries, along with oil prices. In the first response to Trump’s proposed fees, the Asian stock index recorded its biggest decline in a week, while the shares in China and Hong Kong ascended. At the commodity level, iron ore rose, while gold approached a record level, and oil prices rose slightly after a series of weekly declines. The liquidity decreased in the Saudi market in the first sessions of the week, with the value of trade yesterday, Sunday, Sunday, below average levels of about 6 billion Riyals. In the midst of the poor trade, the “Tassi” index ascended the second consecutive session by 0.3% to close at 12469 points, “twice the liquidity level is the result of the absence of any new data, especially with regard to the financial results of the index affecting the index, and as long as these expected results will appear on the first financial analysts. “A cross -lane must pass the obstacle of 12400 points and above it for a certain period, which needs extra incentives. Banks and energy, and Al -Rasheed expects to increase sales pressure due to the increase in the market over four consecutive weeks, adding that the profitability is repeated repetitions at levels that do not allow many increases, as well as low liquidity level, which suggests that the market cannot make a cloth in performance. The market is an attraction for the market, US President Donald Trump said on Friday that he plans to reveal customs duties this week, in a major escalation of his commercial war with the United States economic partners, which threatens a tremor in the financial markets, similar to what was the last period following the announcement of the target of Canada, Mexico. This could be an attraction for the Saudi market. “The data in the US stock for the foreign investor is no longer the same as the same positive as that prevailed in 2024, and there is more concern about the exposure of US stock indicators to more declines and corrective operations, so that investors use alternatives, including the market, especially the Saudi market,” according to Marie Salem, the financial analyst of the “East”. In the early trading in Asian markets, futures for ‘S&P 500’ and ‘Nasdac’ indicators recorded a slight increase, while the US Treasury bonds returned. “We warn about how the effects of the US market will be translated on the Saudi market, and the Federal Reserve Bank dealt with inflation numbers. We focus on the basic principles of the Saudi market that look strong and healthy at the beginning of the year,” according to Ahmed Selim, the investment manager at Bayader Incontins. “An expected improvement in the liquidity level liquidity is expected to see an improvement today after seeing a state of relative calm after reaching more than 9 billion Riyal, with banks announcing their financial results, according to Marie Salem. Oil prices can also play a role in determining the market path, especially if it was a downward movements, after being in a row for the third week in a week, and the rise of the US rise in the US rise in the US rise, the US rise in the US rise will lead to the rise. other. Also read: ‘Production’ of Saudi Arabia wants to attract strategic investors by offering the stock exchange, as Bloomberg reported that the fitness chain of fitness clubs ‘Body Master’ and ‘Yellow’ to rent cars from the latest private companies planning for a preliminary public offer of their shares in the main market in the Kingdom. Abd Rabbu Zidan, Head of Research and Studies at ‘Financial Numbers’ that describe the price range of ‘production’ as ‘fair and expecting’, adding that it is difficult for investors to be investment centers because of the proximity of announcing the results of the business of many major businesses. According to Mary Salem, there is an interaction with the news of companies, “The market is rising Sunday was based on corporate news on Sunday, and will continue with the coming days in the light of selective and cautious in investments. The shares were actively interacting with corporate news, whether negative or positive. After the bank announced the decision of the directors’ Board of Directors to recommend an increase in its capital with 20% to 15 billion Riyals by forming part of the remaining profits and part of the ordinary reserve, by distributing an award of a share by a share per five original shares. But it was third place among the most active shares in terms of the value of the trade, after the company announced the sale of $ 1.25 billion value, which attracted requests for more than $ 10 billion, while financing a major investment program in the next five years.