The Saudi Market Road is formed this week by the federal movements and Trump's impact

The Saudi Stock Market awaits the interaction of investors at the end of last week with the statements of US President Donald Trump in Davos, especially for his intention to ask ‘OPEC’, reduces oil price, parallel to waiting for the federal reserve on interest rates later in the week, after it saw that the liquidity of three months of 5.8 billion to exceed Riyals. The “Tassi” index fell slightly on Thursday for the second consecutive session, amid a limited profit crop to close at 12354 points and reduce its weekly profits to 0.8%. The banking sector with gravity fell 1% on the index on Thursday, but limits the losses of the highly elected facilities, basic materials, communication and energy. “The market has risen by more than 500 points in a short time, and it is for sale to earn profits for some traders,” according to Ahmed Al -Rashid, the first financial analyst in the Al -Eqtisadiah newspaper. In addition to anticipating the financial statements of companies, the market will also deal with a few variables during the next week, especially the ‘federal’ meeting scheduled for Wednesday, which is the first meeting in Trump state after referring to the customs tariff and other policy, so there is an anticipation of the response to the US central decision and its expectations for the new year. The movement of global markets can also be influenced by the Saudi Stock Exchange by the movement of global markets, after Trump said in a television speech at the World Economic Forum that it would ask OPEC to lower oil prices and look forward to raising Saudi investments in America by a trillion dollar instead of $ 600 billion in the next four years in the next Muhammad was. With his second term, President Donald Trump questioned the decisions of Federal Reserve President Jerome Powell about interest rates and said he was planning to talk to him ‘on time’. “I think I know interest rates better than them, and I think I definitely know her as the person who is mainly responsible for making this decision,” Trump said in a clear reference to Powell. Read more: Trump: My knowledge of interest rates exceeded the ‘federal’ president and oil prices reached the first weekly decline this year, after Trump raised the possibilities of commercial wars, and he said he would ask Saudi Arabia and OPEC to reduce prices in the White House. Where the Benrat March’s contracts were mixed at $ 78.5 a barrel, while the Western Texas -Tussentage crude contracts also concluded March at $ 74.66 a barrel. Follow -Up -shares attract attention to the shares of “Nice One” and “Al -Mousa Health” this week, which is the latest at the market, after the first shares scored 2.2% last week and the second shares rose by 9.4%. Al -Rasheed is of the opinion that the focus on just inserted businesses is a natural matter, “especially because the market data did not let investors focus on a specific sector, except for the cement sector, especially companies that have the possibility of opening new markets after all -Jouf Cement has announced a contract to export cement to Syria.” Traders will carefully continue the basic material sector enterprises, which can benefit from the tendency of the kingdom to support Syria, after Foreign Minister Faisal Bin Farhan confirmed last week that the Kingdom supports reconstruction efforts and stability in Syria. Almost all cement companies increased last week in the last sessions with the rise of “Al -Jouf Cement” over 8%, “Riyadh Cement” 3.7%and “Arab cement” 2.9%. Heavy -weight Energy Sector shares could also be a candidate this week with many factors, including statements held by officials at the World Economic Forum in Davos, as well as new US President Donald Trump’s plans to reform the energy sector in his country. In the session last Thursday, the shares of most of the sector companies increased by the rise of “Aramco” 0.4% and “Al -Dress” oil services by 2.6%.