The Saudi stock market is still trading below the 11 thousand points level, which has not managed to recover more than a week, while customers continue to ignore the ads for financial results and profit distributions that are expected to improve the activity while awaiting the Federal Reserve decision. The “Tassi” index ended the transactions, with low 0.6% at 10885 points, under the weight of all sectors, except energy and capital goods, with the improved value of trading to 4.6 billion Riyals compared to 3.5 billion Riyals yesterday. At the level of leadership shares, the shares of “Aramco” and “Sabic” increased in exchange for the decline in the shares of “Al -Rajhi Bank”, “Aqua Power” and “Al -Ahly Bank”. The share of “Saudi telecommunications” (STC) increased by only 0.05%, despite the announcement of profits higher than average expectations for the second quarter. Junaid Ansari, director of the Department of Investment and Research Strategy in Kamco Infost, believes that the market is currently affected by a guard and anticipation for more results in addition to the seasonal slowdown effector. He said during an intervention with ‘Al -Sharq’ that ‘the market is waiting for a catalyst. Awaiting Federal Ahmed Al -Rasheed, the first financial analyst in the newspaper ‘al -iqtisadiah’, who believes that the market is also the federal decision later on interest rates, which explains that the money will come from the monitoring, the interest saved is the fundamental that the fundamental is, which is fundamental, which is fundamental, the fundamental is the fundamental, the fundamental, which is fundamental, that the fundamental is affected, the fundamental, it is fundamental that the fundamental is fundamental, that the fundamental is, the fundamental, the fundamental, the fundamental is affected, it is fundamental. Markets and relocation to the financial and stock markets. “However, the US Central Bank is widely expected to hold interest rates next Wednesday, while investors will consider its remarks in the future in search of indicators in the way of monetary policy, which will have an impact on the Saudi market as a result of connecting the kingdom’s monetary policy with all -sharn. did not, as the average agreed fees are already high.
The Saudi
