The Saudi Stock Exchange is the best performance in the region amid global recovery

The Saudi Capital Market Index recorded the best performance among its peers in the region in the morning trading today, Thursday, supported by the restoration of global markets after US President Donald Trump announced the suspension of customs duties on dozens of countries that did not receive retaliation measures. The gains of the “Tassi” index reached 3% at 11437 points, after 4.6% rose earlier in the session, which is the biggest profit in five years, supported by the backlash of oil prices and the recovery of the “Wall Street” of the last losses. Under the leadership shares, the shares of “Al -Rajhi Bank” increased by 3.5% to 97.9 Riyals, “Aramco” by 1.8% to 25.8 Riyals, “Sabic” by 0.8% to 60.6 Riyals, “National Bank” by 3.8% at 33.15 Riyals, and “Saudi Telecom” (STC) (STC) (STC) (STC) (STC) (STC) with 1.3% to 45,3.3 Vision. In other stock markets in the region, the most important indicators in Egypt, Dubai, Abu Dhabi, Kuwait, Qatar, Bahrain and Muscat rose between 0.4% and 2.1%. Mohamed Zidan, the first financial analyst in Al -Sharq, pointed out that “the closure of the day will be important because it is the end of the week and perhaps the end of the fluctuations is also 11,500 points is still an important level of the Tasi index, and if it is closed above the level, we can see in the next week between 12200 and 12400 points.” Majid Al -khaldi, the first financial analyst of the “Economist” newspaper, said during an intervention with “Al -Sharq” that “Trump announced a deadline yesterday (to implement mutual customs) for a 90 -day period, and we will not know if it will be 90 days, or that he will come out of 11500 or 117000000 Space for apostasy and will have a space for apostasy and will have a space for apostasy and will have a space for apostasy and will be in place again, and it will have a space for apostasy and will have points and these are important levels. “A sudden shift that revives the markets in a sudden shift. Trump has announced the suspension of rewashing duties on dozens of countries for 90 days, with the continued imposition of basic fees by 10%, asking the commodity and stock markets to compensate for some of the losses that have suffered since the beginning of this month. But US president at the same time increased customs duties on China to 125%, after China responded yesterday with a tariff of up to 84% on US goods. “Since there are no indications of an imminent calm in the trade war between the United States and China, the last refusal is unlikely to be a sustainable reflection in this direction,” Zhou Mai, an analyst at the Caus Research Institute in Shanghai, told Bloomberg. In the US stock markets, the S&P 500 (S&P 500) jumped by 9.5%, after the largest wave of purchase has been seen by Wall Street since 2008 in a historical refusal of a wave of sale that dismissed trillion dollars of stock prices around the world. As for the “Nasdaq 100” index, it rose by 12%, with almost all the shares listed within the major indicators. Asian stocks have also recorded its biggest increase in more than two years. Indicators throughout Asia have climbed today, Thursday, while the future of European indicators jumped by more than 9%. In the commodity markets, oil prices recovered somewhat, but continued to fluctuate as futures returned to losses, after a short wave of relief lit by Trump’s decision. Brent oil dropped below $ 65 a barrel, after falling the $ 60 a barrel since 2021, while the between Western Texas were completed near $ 62. Gold prices for immediate delivery rose 0.2% to $ 3088 per gram at 8:20 a.m..