The Saudi Market recorded a weekly loss of 0.56%, despite the positive financial results announced by the listed companies, to reach the index level of 10946 points. In the last session of the week, today, Thursday, the index decreased due to the decline in the major shares led by “Aramco”, “Al -Rajhi Bank” and “Saudi Telecom” (STC). The index did not occur yesterday for its performance, the largest daily leap in 30 days, with the successive financial results advertising for the listed banks, which came better than expectations. Ahmed Al -Rasheed, a first financial analyst for the newspaper ‘Al -iqtisadiah’, said that this week’s performance, despite the decline, is better than last week, which gives a good indication of some kind of cohesion that is taking place in the market. He explained that the heights of yesterday, which came to the positive results of Benki, “Al -Rajhi” and “Al -Ahly” were reduced from the weekly losses. Al -Rasheed added in an interview with “Al -Sharq” that the market is still facing some kind of fluctuation, perhaps awaiting the issuance of the financial statements that will contain the details of the banks’ results to discuss the profit margins and ensure the size of the liquidity and to carry banks of risks, and then “we can find a greater interaction in the market.” He has positive results for companies listed in Saudi Arabia, as for Abdullah Al -rabdi, managing director and CEO of the “Disana Financial” business, and he believes that the positive results of companies have not been valued in the market, which explains that these strong results have led to a low -time. Purchases in the market that were in the market. announced, which achieved a sharp drop of 68.4% during the month of May 2025 on an annual basis, to reach about 9.5 billion Riyale, due to a sharp decline in the export of petroleum against an increase in imports. Investment of $ 6.4 billion in Syria, in the presence of Saudi Investment Minister Khaled Al -Falih in the Head of A -Delegia, in the presence of the Saudi investment of 120 Saudi enterprises. Cement “enterprise with more than 8%is represented, after announcing the inauguration of the Faiha cement factory in Syria at a cost of 75 million Riyale, before reducing the profit to 6.3%. Isaac Ali, Acting CEO or Winfstin Financial in Saudi Arabia, Believes that the Agreements Signed on the Sidelines of the Syrian -Saudi forum are in the interest of the listed companies, especially then related to the infrastructure sectors, building materials and communications, especially since syria is in the stage of rebuilding “which makes it fertility land, but political stability is important for the flow of investments.”
The Saudi
