These are the indications of the Saudi Stock Exchange without 12 thousand points. How do you move this week?

The Saudi stock market is still vulnerable to the falling pressure, after the general index was descending at the end of the trading last week of technical and moral levels to touch 11,700 points during trade, before reducing its losses and closed near 11800 points. Last week, 2.5% came due to the announcement of large businesses for financial results without expected, and ‘not -generic’ profit distributions of ‘Aramco’, in addition to low oil prices due to the situation of the global economy and Trump -dwellers. This week, the geopolitical and oil effects in the markets are expected to continue, but the medium businesses are expected to start fetching the Saudi market from their low levels, as the situation has been in recent years. The “Tassi” index fell 0.7% on Thursday to 11811 points, which is the lowest closing level since December last year, to continue the decline in the third consecutive session since the announcement of the results of “Saudi Aramco” for the year 2024 and the company that reduces profit distribution. Throughout week, index losses amounted to 2.5%, with a second consecutive weekly loss. According to Asim Mansour, the head of market research at OW Markets, the stability of the index below 12,000 points will affect morale and expose the market to further short -term pressure. Trading values ​​improved to 7.1 billion Riyals at the end of the week after a minor start to 3.5 billion. Ahmed Al -Rasheed, the first financial analyst of the newspaper “Al -iqtisadiah”, said that the values ​​of trade reflect expectations that Ramadan is more hot this year than in recent years due to the collaboration with the results. The decline in profitability, Al -Rasheed, believes that the decline in the market during the last period was not surprising due to the high repetition of market profitability, which was not justified by the results. The repetition of profitability is the price of the arrow shared by the profits sharing, and investors are usually going to get rid of stocks with exaggerated profitability. “But after a fall on Thursday, the repetitions of profitability improved somewhat to 16 times compared to what it was earlier at 20 times,” he said. The decline in the profitability of levels in accordance with the results of companies will encourage investors to return to purchase. The price of “Aramco” effects on the arrow, the price of “Aramco” will remain in the spotlight after a 1.1% decline during the last session, with a loss of 4.6%, as the company announced the fall in net profits in 2024 and reduced the cash distributions by almost a third. Al -Rasheed noted that the share of Aramco is under pressure after lowering the cash divisions, as “the company’s trading on IT has grown higher than the return on the arrow and of less risks.” A jump in the profits of “Maaden”, in the contemporary session we will follow the response of the market to the results of the “Maaden” business for the year 2024, after the company announced an 82% increase in its annual profits to 2.87 billion Riyals. The price of “Maaden” shares rose 1.75% last Thursday and continued to climb to the second session in a row. Al -Rasheed said that the market response depends on whether the results are compatible with investors’ expectations, “because the judgments have been made on expectations and whether the results are not according to expectations, the evaluations of the shares will certainly be amended.”