Bank shares return the Saudi Stock Exchange on the rising track to 4 sessions of losses

The Saudi Market Index has transformed its way to gain profits, although slightly, after four consecutive losses of losses, with the banking sector shares that have an increase to compensate for the impact of the decline in the “Aramco” share. The “Tassi” index ended today’s transactions by 0.3% at 11438 points, with the rise of the banks and basic materials, while the energy and communication sectors decreased. Amid the decline in trade values ​​to 4.4 billion Riyals, compared to 4.8 billion in the last session. Majed Al -khaldi, the first financial analyst in the newspaper “Al -iqtisadiah”, believes that the survival of the indicator over 11400 points is a positive sign, as the market has not dropped below 11,350 points, which has been rejected since the lowest level of tomorrow. -Rasheed, a member of the Saudi Economics Association, attributed the weakness of the liquidity levels to what he described as the ‘power’ and the spread of the short -term investors in the market. Exit of some liquidity from the market. “He added that” the majority of traders who are now in the market are the short -term investors, leading to the rise of speculation, even on leadership shares. The market contains many rewarding returns, but what is lost is the intensity of speculation. “The performance of the leadership shares varied during the contemporary session as the prices of the” Al -Rajhi Bank “and” Al -Ahly Bank “increased, while the shares of” Sabic “and” Aqua Power “increased.