Saudi shares started trading last week’s sessions to a slight drop of less than 0.1%, to sit at the levels of 10950 points, under pressure from the decline in the arrows of Al -Rajhi Bank and Al -hly Bank, after three consecutive profits, in addition to the decline in Saudi Aramco’s share for the fourth consecutive division. The shares of the specialized medical company saw heights at the beginning of the session to compensate for part of its losses in his first session yesterday. Majed Al -khaldi, the first financial analyst in the newspaper “Al -iqtisadiah”, said in an interview with ‘Al -Sharq’ that the index recorded it last week, during which he managed to strengthen the momentum within the market. He pointed out that there are indications of the reflection of the downward path that began in February last year, suggesting that the importance of the level of 10800 and 10850 points this week as a supporting factor for the continued improvement is the following week. Al -khalidi emphasized that the results of companies and expectations of experience houses to perform the second quarter of the year 2025 will be the most important factor to direct the movement of the market during the next short period.
The Saudi Market is dropping marginalized amid the pressure of the shares of banks and Aramco
