A joint increase in leadership shares is pushing the Saudi Stock Exchange to rise

The General Index of the Saudi Stock Market ended on Monday, high, amid a collective rise to the indicators of leadership sectors, with the improvement of liquidity levels compared to the previous session, although it is still without average for three months. The “Tassi” index rose 0.7%to 11778 points, with the banking sector 1.3%, energy 0.55%, basic materials 0.94%and communications 1.24%. After the values ​​of transactions scored its lowest levels at 2.6 billion Riyals since January 2023, the increase returned to 4.2 billion Riyals today, but it is still below three months of about 5.8 billion Riyals. “The purchase activity has returned to the market today, but not all listed companies. So the tendency is still very clear, but there is already a return to enter the market and a wave of rise,” said Ahmed Al -Rasheed, the first financial analyst in the newspaper “Al -iqtisadia. 1.4%rose, “Saudi Aramco” 0.6%, Sabic 1.44%, Aqua Power 0.55%and “National Saudi Bank” 0.7%. -Giant, in which he said ‘Aramco’ is investigating new and additional investment opportunities in China, which forms a major market for the company and an important element in its world strategy. A jump for the part of “Umm al -qura” has terminated the share of “Umm Al -qura for development and reconstruction” (Masar), the most important developer of one of the largest projects in Makkah Al -Mukarramah, the first sessions spread in the main market by increasing the maximum of 30% at 19.5 Riyals per share. Analysts expected ‘umm al -qura’ to be trading as a greater activity compared to other descriptions thanks to allow new segments to trade in the arrow trade, in addition to the size of the business, and the promised growth in the real estate development sector thanks to the 2030 vision. Wael Mohamed Ali, director of international mediation at the United Securities in the Sultanate of Oman, said the price of the offer is good. Especially because the company works in a good sector, the real estate sector and today witnesses are changes such as opening ownership for foreigners, especially in some important areas, such as Mecca. Last January, the kingdom announced to allow foreigners to invest in companies listed in the financial market that own permanent or temporary real estate within the borders of the cities of Makkah Al -Mukarramah and Al -Madinah Al -Munawwarah. Mohamed Zaidan, the first financial analyst of “Al -Sharq”, pointed out a regular pattern of primary induction stocks. Striking heights during the first day of trading on the stock exchange. Then we see a pound of profits and a negative achievement. “The general factor between the shares of the new infections is its sensitivity to the Tasi movement. The risk coefficient of these stocks is huge, so if the general index rises, these shares rise at a higher rate and with any declines, these shares are the first to suffer.