The Saudi Stock Market Index, “Tassi”, started the first one that was sent a week with a 0.4%increase to circulate above the 11500 points level. With the support of the arrows of the “Al -Rajhi Bank” and “Aramco” by 0.2%. The index ended the Thursday session with a decline, despite the achievement of weekly profits for the third week in a row. Prior to the opening of today’s trading, Al -Marai announced its results for the third quarter of 2025, as the first company that opened the disclosure season recorded a growth in its profits by 7.5% year -on -year, but the net profits came without the analysts’ expectations begun, and the company’s shares began. Mary Salem, the financial analyst in “Al -Sharq”, said that the results of Al -Marai Company came within the expectations of analysts, and note that the sustainability in the growth of profits remains the most important feature of the company’s performance despite strong competition. She added that the shares of the company were subject to pressure and saw high fluctuations, as it rose by more than 10% from mid -September to Thursday. In the Saudi stock market, Salem explained that investors are currently starting to evaluate their centers based on financial results and interest rates, as well as relative calm in geopolitical conditions, expect the upcoming financial statements to be positive, especially in the main sectors of the index, which are factors supporting the market. Mohamed Zaidan, the financial analyst in Al -Sharq, said that the share of Al -Marai increased by more than 20% of the soil, indicating that 89% of the houses of expertise houses were the continued increase in price goals at 61 Riyals, which is the 2024 summit, equal to about 21% above the current prices. He explained that the share is currently trading over the average of 200 days of about 52.4 Riyals, noting that the closure above this average is an indication of changing the trend to the rise in medium and short term, after the stock in a falling road below 46 Riyals. Regarding the food production sector index, Zidane indicated that it is one of the defense and value sectors, suggesting that the sector companies benefit positively from the lowering of interest rates, and that 70% of analysts recommend buying on this sector with price goals of more than 15%. He added that the Saudi Stock Market Index targets the level of 11750 points in the short term, while the target is about 12400 points in the medium term and before the end of the year, according to analysts at the beginning of the year. Majed Al -khaldi, a first financial analyst in the economic newspaper, who in an interview with Al -Sharq is considered that the financial results of the Al -Marai company are “good”, pointing out that the cost of the costs the company has started since the beginning of the year is in place to reduce its financial performance. He believed that the demonstration of the bottled drinking water sector after being acquired for the industry in the pure drinking company in June; The ‘pasture’ provided a variety of revenue sources, and the interest reduction also contributed to improving financial results. As far as the financial market is concerned, Al -khalidi expected the end of the war to be positively reflected on the market, but in a limited scope, and noted that the market is on a good lane and retains the positive momentum, considering that the level of 11200 points represents the point of the index’s conservation in the coming period. Financial analyst Mohamed Al -Maimouni explained a meeting with ‘Al -Sharq’ that the market must earn profits, which is healthy, and that is what happened in the Thursday session. But it did not affect the basics of the market that goes upward. ‘ In the economic context, the non -oil -private sector activity in Saudi Arabia saw the fastest growth rate in six months during September, with the support of a strong increase in domestic demand and the high production fields, according to the Riyad Bank -released acquisition manager on Sunday. Last week, and in the context of the ongoing efforts to stimulate the market, the Capital Market Authority announced the beginning of a poll on the opening of the main market for all groups of foreign investors who do not live, and enable them to invest directly without the rehabilitation conditions currently in effect, which requires the management of assets of not less than five billion.
The Saudi Stock Exchange Index rises at the beginning of the week’s sessions above 11,500 points
