Features of Calm Trade on the Saudi Stock Exchange, with anticipation of the second state of Trump

The Saudi Stock Market starts its trading today as traders around the world are preparing for the first days of the second term of US President Donald Trump, because it plans to issue a set of executive orders in the field of immigration, energy, federal labor and organizational reforms, with the aim of accelerating the implementation of his political agenda as soon as he raises office. Financial markets around the world are expected to be very volatile in the coming weeks, while the details of the new management policies are being recorded. However, during the contemporary session after the closure of their index, Saudi shares are expected to see Saudi shares at the highest level since the second consecutive session, amid the anticipation of the results of the company’s business for the last quarter of last year. The most important index “Tassi” increased 0.6% to 12331 points yesterday, which is connected to the fourth consecutive session, supported by the banking sectors led by the part of the “National Saudi Bank” and the basic material led by the part of “Maaden” and public facilities led by Aqua Power. But liquidity levels are still low at 5.4 billion Riyals. The basic driving factors for the market “have not changed … The values ​​of trading have not risen with market rise, which indicates that there is some kind of discussion in participating in these price levels. It is therefore possible to see some kind of calm during the upcoming sessions,” according to Ahmed al -race, the first financial analyst in the newspaper “Al -iqtisadiah”. The results of the “pasture” today are attention to the “Al -Marai” arrow, in the absence of the market’s response, fully on the results of the business that it was despite the fact that it came without expectations, but it recorded. The net profit of the company rose 12.8% from last year, to about $ 2.31 billion (about $ 616 million), but it came without the expectation of analysts that Bloomberg followed at $ 2.37 billion ($ 631.5 million). “We are awaiting the interaction (with the results) during this week because the actual impact of this data will not appear before the rest of the investors from Sunday, and there will be a deeper analysis of this data that is supposed to have a positive impact on the share,” according to Mary Salem, the financial analyst of the “Al Sharq” channel. Mary pointed out that “the recommendations are still positive for the share. There are about 13 companies that recommend purchasing and 4 companies to maintain investment, and no company recommended the sale.” Al -Marai’s share fell 1.7% in yesterday’s session to close at 57.3 Riyals. The shares of “Maaden” and “Aqua Power” continued to focus on the part of the “Maaden” business, which increased for the third consecutive session yesterday, to announced its profits of 5% since last Wednesday, when the company announced new discoveries of gold and copper deposits in two regions in the Kingdom, as well as a plan for its collaboration with “Sudie Aramco. Among the other shares on the customer radar, the ‘Aqua Power’ share, which gave great support to the index in yesterday’s session, with a 4.6%increase. The company has announced its alliance with a Turkish company in a government project in Azerbaijan to desalinate seawater using the inverted osmosis technology in the Caspian Sea, with a daily production capacity of approximately 300 thousand cubic meters. The ceasefire in Gaza is also expected to show the effect of the ceasefire in Gaza on the Morale of Foreign Investors, although some stocks have benefited today, according to Saad Al Thaqfan, a member of the Saudi Economics Association board, which indicated 4%yesterday. “The geopolitical problems have begun to bring about the conclusions, which will comfort foreign investors who are expected to be a momentum for their investments in the region.” The inauguration of “Trump” Asian stocks has risen today, after the US counterpart, after a positive conversation between US President Donald Trump and his Chinese counterpart Xi Jinping, which strengthened the hope of alleviating the tensions between the United States and China. Oil prices rose today as the market prepared for a period of uncertainty and unrest at the beginning of Trump’s second state in the White House.