The Saudi Stock Market starts the last quarter of 2025 in a rising track, supported by the hope of foreign liquidity entry as a result of an expected decision to increase the ceiling of foreign ownership in the listed businesses, as well as to announce a preliminary statement of an expansion budget that is expected to be reflected in the growth. This comes after the general index “tassi” achieved quarterly profits of 3%, to settle in the first sessions of the fourth quarter above the level of 11500 points, which is on average for a period of 200, supported by the high shares of the “National Bank”, “Maaden” and “Red Se”, which instead of falling in “Aramco” and “Al -Rajhi Bank”, the two largest sharps on the Index. Legislative amendments bear fruit, Wael Mohamed Ali, director of international mediation at the United Nations Securities, sees that the legislative amendments approved by the kingdom to stimulate the market pay their fruits, especially as it coincided with a significant decline in the marketing judgments during the recent months, which significantly strengthened the market profits. During an intervention with ‘Al -Sharq’, Ali pointed out that the market has increased more than 10% since the news about the increase in the ownership of foreigners’ after it has spread in a falling road, which shows the positive resonance of the decision. The value of the dissertation (in the last session) increased to 7.8 billion Riyal, towards the positive direction. “He expected the sectors of financial services, banks and basic materials, and they are the most important winners during the past quarter, will lead the market during the fourth quarter, in addition to the technological sector” which is very active, especially with excellent development with artificial intelligence. In addition to some businesses traded with attractive evaluations. “An additional momentum momentum from the budget statement The Saudi Finance Ministry announced yesterday’s provisional declaration of the budget next year, which is expected to register a 165 billion Riyal deficit with the 1,31 trillion riyals, pointing out that the year 2026” The Year 2026 “The Year 2026 -vision, which focuses on the completion of the implementation, which expanded the growing season, in the addition to the pace of the pacement, in the growth of growth, in the addition to the pace of the pace of the implementation, which expanded the growths, in the pac. a way that ensures a sustainable impact after 2030. “Ikrami Abdullah, the chief financial analyst in the newspaper” Al -iqtisadiah “, said that the announcement of an expansion budget for the kingdom in the next year compared to what has been estimated for the current year may add new momentum to the market as” it will help to expand it. The monthly statistical bulletin of the Saudi Central Bank showed the growth of the bank profits by 15% during August last year, with the acceleration of loans.
Saudi shares start the fourth quarter with a positive momentum with the support of foreign liquidity and expansionist budget
