The Saudi Stock Exchange resumes the decline in leadership shares

The Saudi Stock Market Index resumed its landmark at the beginning of the trade today, after the Monday stopped a wave of losses that lasted three sessions, amid a decline in leadership shares with the continued state of uncertainty in the markets. The “Tassi” index lost 0.2%and scored 11051 points after a few minutes after the start of the session, with the price of “Aramco”, “Al -Rajhi” and “Aqua Power” shares dropped, while the share increased “Saudi Telecom” (STC). Financial analyst meeting Mansour pointed out that sales pressure on important sectors such as energy and petrochemicals in the market, as investors prefer to liquidate their centers and wait for a stable refusal from the index after the full world level image is shown, such as the direction of interest rates, commercial conditions and oil. He said during an intervention with “Al -Sharq”: “I expect at the moment that the level of 10700 points will be the most important level that investors are looking at. A lukewarm starts for the” cartoon industry “share, the ‘United Carton industry’ share began to spread the first sessions with the price of 50 Riyals. 1.4%. ‘Al -Sharq’ for positive factors, including the arrow ‘, is 16 times repetitive, and it is a little less than the average mortgage of the market about 17 times. traded, after a quiet session Monday due to holidays in London and New York, while the West Texas turned off Raws near $ 61.