Saudi shares between global tension and caution .. What is the next?
The Saudi stock market is expected to be a continuation of a cautious calm in transactions, especially in light of the anticipation of investors for global trade developments, the effects of geopolitical conditions in the region, and their evaluation of important US data that will determine the future interest course. “The market does not show a trend towards the purchase with the withdrawal of positive data, and as soon as any indicator of the height, some sales pressure starts to appear with some traders lying to reap, especially as the market tends to climb with a profits of about 1000 points since November. “According to Ahmed Al -Rashid, a first financial analysis,” according to Ahmed Al -Rashid, an Ahmed Al -Brashid, a first financial analysis, “according to Ahmed Al -Brashid, a first financial analysis” newspaper. The “Tassi” index dropped at a slight rate from 0.4% to 12424 points, but it represents the largest daily loss since December 19, while the liquidity was also in the last session near the levels, which registers 6.4 billion Riyals. In the same context, of course, there is a challenge of foreign investors due to uncertainty in what the situation in the region will occur at geopolitical level and in the light of the development of global trade … but the general context indicates cautious trade due to uncertainty, and in the absence of engines affecting the market, the sales pressure is according to the financial analysis and not the most important indicator as an east “. Marie Salem showed the continued presence of opportunities in the market, with the high shares of companies in the production of pipes on the stock exchange during yesterday’s session, and note the positive view of the sector as a whole thanks to the involvement in promising and profitable future projects. She pointed out the rise of the part of the “Saudi pipes” business, about 3%, after a unit of the oil giant “Aramco” won a contract to deliver pipes worth 910 million Riyale for the carbon exploitation and storage project in the city of Jubail. She pushed the arrow of the “East Pipes” fellow in the sector with her to climb with 4.6% to hold the fourth position below the higher shares in the market. The effects of Saudi Dubs are not isolated from developments in the global markets that hold the effects of US President Donald Trump’s announcement of the 25% fees on aluminum and steel imports, increasing the warning of foreign investors, and their direction against safe ports such as gold and dollar, especially in the light of the results of the results of the results of the results. and the following year and the subsequent repertes of Trump’s decision and the following year and the subsequent reper. inflation. Also read: Trump fees increase new turmoil in the volatile aluminum market. The new US customs duties warn about a global trade war, especially after the European Union promised to respond to US customs duties, increasing the possibility of conflict with one of Washington’s closest allies. This tensions mainly contributed to a record level to gold, while the dollar recently strengthened its reached profits. Economists warn that the next phase of the US trade war will open new fronts across Asia, as India and Thailand are one of the countries most vulnerable to the risks due to its promise to similarly impose customs in commercial partners, according to “Bloomberg”. “The countries of the region in general and Saudi Arabia in particular can take measures to protect the industry from the effects of Trump’s decisions that suppliers can seek to export other countries to export their products affected by US fees, which can lead to the dumping of these markets, and thus we will affect more protectionism … at the Arab Research Center. Sharq “. Also read: Saudi iron producers confront the risk of dumping from Trump’s fees, adding:” There is a state of blurring in the markets arising from developments at the geopolitical and economic level in the United States. There is fear of investing in the markets. “This position is confirmed by Hisham Abu Jameeh, CEO and founder of the” Financial Meki Techniques “, which indicated that it is not possible to keep a blind eye to the impact of US customs duties on the Saudi market, which initially explains that the fees initially a specific countries, such as China, Mexico and Canada, But now it has gained a global formation, which threatens the global trade as a whole. High Saudi Market in January after the announcement of the ceasefire agreement in Gaza, according to Abu Jama. There is now a return to tension due to the talk on the issue of displacement of the residents of the sector and perhaps the resumption of conflict, the situation in Gaza will affect the geopolitical conditions in the region, “according to its speech. Policy course in the United States. Bloomberg. This will affect the markets. “In addition, the customers will continue with the price of the US producers’ price index for January scheduled for Thursday, and this comes after statements to officials at the Reserve Bank indicated that they would carefully monitor the index to know the impact of customs duties on producers and to explain or explain to them. Jerome Powell said last night that the central bank does not have to chase to adjust interest rates, which once again indicates that federal officials will be patient before the borrowing costs lowered. Interest rates will remain until they see more progress in inflation, while waiting for more information about President Donald Trump’s economic policy.