Saudi shares have resolved in cautious trade to the quarterly results

Saudi shares began trading with cautious stability today, Wednesday, with a minor tendency to rise, at a time when investors awaited the continued announcement of the financial results of listed companies in the coming weeks. The Tasi index rose 0.02%, with 11,585 points, supported by an increase in the shares of Al Rajhi Bank, Acwa Power and Sulaiman Al Habib, while the shares of Aramco, the National Bank and Sabic. Required Calm Youssef Youssef, Director of Financial Data Development at the “Arqaam” portal, believes that profitable operations are being limited, which will lead to a return to profits during the upcoming period, adding that the market requires a period of calm to profits of more than a thousand points in a short period, as about mid-septent, so that the action is sustainable. During an intervention with Al-Sharq, he expected: ‘Momentum will start returning with the successive announcement of the results. Most transactions are currently characterized by some caution and anticipation for the announcement of the results. With the beginning of the monetary relief cycle, the debt-laden sectors will benefit in their capital structure, and the ongoing regulatory decisions will be many sector, the retail and consumer sectors, and also with the start of the Riyy season, the retail and also the sectors of the Riyy sector, and also with the sectors, of the Riyy sector, the retail and also the sectors, and also with the beginning of the Riyy sector, the retail and also the sectors, and also with the beginning of the Riyy sector, the retail and also the sectors of the house will revive sectors. “And hospitality.” Yesterday, United Electronics Company (Extra) announced a 7% growth in its net profits, which was better than the average expectations of analysts. Consumer activities, and the health sector. However, we should also not ignore the existence of fear due to the geopolitical situation in the region, which makes investors careful. “