Saudi stock proposals shine in the midst of the boom of wave subscriptions

Initial public subscriptions in Saudi Arabia have achieved a prominent success in the series of recent proposals in the Middle East, while some prominent offers in the region have been a poor performance in recent months. The shares of the “Al -Mousa Health” business and “Nice One Pioti for E -Marketing” recorded strong returns in their first trading sessions in January, and their shares are still higher than the offering price. Although the shares of some companies offered in Saudi Arabia have not achieved the required success over the past twelve months, including three flour mixing businesses and a real estate investment fund whose share prices are still below the level of offer, the shares placed in the kingdom have achieved strong profits on the first trading days, and according to the date of the market in the market. the data collected by the data “. It is a clear superiority ‘of Saudi shares, which is in conflict with the performance of three of the biggest subscriptions in the region last year. The shares of” Holding Tages “and” Lulu Retel Holdings “companies of the UAE and” Okio to Explore and Production “are disappointing with the beginning of their circulation. Today, only “Talabat” shares are traded at a slightly higher price than the offer price. With the exception of the successful subscription of the “Barkan” Company in Dubai. “Enthusiasm around the preliminary proposals in Saudi Arabia continues without stopping,” says Vigay Valica, CEO of investment at the mediation company, “Century Financial” in the UAE. Valica added that the average shares in the first trading sessions after their launch in the Emirates were an average of 37% over the past year, while the shares that were in Saudi Arabia achieved an average of 37%. Period. Analysts say that Saudi Arabia, with a population of 35 million, compared to about 11 million in the Emirates, has a deeper and more liquid financial market at institutional and retail levels. According to “Fitch”, Saudi Arabia owns the largest asset management industry in the Gulf Cooperation Board, with a total managed assets more than $ 250 billion by June 2024. Ashish Marwa, director and head of investment head in new Vivision management, explained that ‘primary public subscriptions in Saudi Arabia benefit from a broader basis of the total investors to accommodate the proposals, the market with a larger. The companies listed in Saudi Arabia are approximately $ 2.7 trillion, and although more than half of this number belongs to the giant “Aramco”, it exceeds the total value of shares listed on the Emirates stock exchanges, which are Bloomberg data. The largest population also means a greater consumer market, which has benefited from the retail and healthcare sectors, in addition to growth outside the oil sector. Read more: Infograv: The seventh Saudi Stock Exchange in the world with preliminary subscriptions in 2024 challenges facing regional subscriptions. Analysts attribute the poor performance of my subscription “requests” and “Lulu Retil” to the high assessments, in addition to increases that took place before the end of the subscriptions in the size of the transactions. These two proposals were one of the biggest subscriptions in the region during 2024, which requires a greater question to cover the entire statement. In Saudi Arabia, the proposals focused on small and medium -sized businesses, according to Valica. “Lulu” shares without the price of presentation in its first trading sessions in the Abu Dhabi market, while the most important Dubai index has performed better in recent years in recent years compared to “trading”, supported by some new subscriptions such as “Barkan” that achieved major returns, in addition to the high “Emar Real Estate” in December, Saudi Arabia has a better option for investments. Subscriptions. “In the Emirates, the markets received some of the government shareholders, while private subscriptions suffered from poor performance or limited profits.” He added, “In the case of Saudi Arabia, the profits were widespread.”