The Saudi Stock Exchange has a weekly loss, despite its increase today

The Saudi Stock Market Index rose today, Thursday, after a decline lasted five sessions with improving the purchase after the arrival of attractive levels. The “Tassi” index today closed 0.65% at 10833 points to reduce its weekly losses to about 0.9%, with the rise of all the leadership sectors. Ahmed Al -Rasheed, the first financial analyst in the newspaper “Al -iqtisadiah”, believes that the market increases in the past week’s sessions are an indication of optimism that could withdraw from the performance next week. Al -Rashid said during an intervention with ‘Al -Sharq’: ‘A number of companies traded with a profitable profitable manner, and see a secretion of opportunities by investors, such as the electrical industrial business whose share has increased to the highest levels, as the list is also supported by the good financial performance.’ An association with oil prices also links some analysts between the fall in Saudi shares and the decline in oil prices, as the losses of “Tassi” and Brent Mix have exceeded 10% since the beginning of the year. Mary Salem, the financial analyst of “Al Sharq”, says that “the decline in oil affects the appetite of investors, especially foreigners, to invest in the market’s markets, leading to a decline in the general performance of the Saudi market,” says Mary Salem, the financial analyst of Al -Sharq. Brent Mix Cates approached their lowest levels under $ 66 a barrel in two months, amid warnings of the exhibition in the supply of the international energy agency, and after the “OPEC+” coalition decided to increase production by 547 thousand barrels a day in September. Opportunities In the third quarter, Muhammad Al -Maimouni, the financial adviser in the ‘Arab trader’, indicated that there are a few opportunities in the market that can improve selective purchases in the market, especially in the contracting and infrastructure sector linked to huge government government projects. He said: “The third term will be essential. Perhaps the most important opportunities that move on the horizon after the price of concrete has lowered are the banking sector based on the expected reduction in interest rates and the property sector in the light of the stated plans of companies.” He expected the liquidity to rise in the market if the Federal Reserve lowered interest rates on the next month.