Do you give the Saudi stock market for disadvantage?

It seems that the Saudi stock market has surrendered to the falling track despite the decline in the values ​​of trade, as various internal and external factors are put under pressure on the morale of investors and with the approaching month of Ramadan, in which the activity of financial markets in the region usually calms. The “Tassi” index incurred its largest daily losses in about two months as it fell 0.85% under the pressure of almost all sectors. ‘Many of the financial statements that improve the presence of buyers did not appear significantly during the current period, as the previous periods saw good heights of the market that many investors prefer to take profits. But there does not seem to be a sale in the market, especially as the values ​​of trade are still relatively low and the expectation will continue until the first financial analysis in the market change ‘according to Ahmed’. Internal factors affect morale, Mary Salem sees the financial analyst of “Al -Sharq” that the remarkable decrease in the values ​​of trade, which reached 5.2 billion Riyals yesterday and is still lower than the average for three months, is due to the slow rate of results, especially of large companies such as “Aramco”, “Sabic” and “Aqua Power”. And she warned that the continuation of this decrease in trade values ​​over the next two weeks until the beginning of Ramadan warned to enter the market in the event of ‘stalemates’ could continue until the end of the first quarter of the year. Also read: What are those responsible for the future of the emerging markets at the Al -Aula conference? “The results that appear are interacting, but it does not have a significant impact on indicators such as the part of the Slushis because the relative weight of the stock is minimal,” according to Salem. Today, attention will be addressed to the part of “Slushis”, which increased 5% yesterday after the subsidiary of the “Saudi Telecom Company” (STC) announced better results than expectations for the annual profit growth of 34% to 1.6 billion Riyals last year. And a few heights in the market indicate that there are selective stock purchases. The “Lubrrev” share of the base oils also rose almost 0.4%, after the company announced profits without expecting it in 2024. Al -Rashid said the share movement reflected that the results were within the market expectations. On the other hand, some investors are preferred to wait in light of the upcoming subscriptions in the market to seize the shares of newly inserted companies, which prints the amount of liquidity in the market, according to Ikrami Abdullah, the main financial analyst for the ‘Al -iqtisadiah’ newspaper. Also read: “Umm al -qura” is aimed at raising about two billion Riyals from a preliminary proposal on the Saudi Stock Exchange, but the market can receive a positive news today at the start of the financial market forum in Riyadh, which will continue until February 20. These forums are usually an opportunity for decision makers to announce the financial market trends during the new year. The global scene is still pushing, along with the efforts to implement the second phase of the ceasefire agreement in Gaza, awaiting markets around the world, which will lead to US efforts to end the Russian Caucer war, which can improve Russian oil to the markets and calm the prices of grain and commodities. Riyadh is scheduled to hold a meeting between US Secretary of State Marco Rubio and his Russian counterpart Sergey Lavrov to arrange a prospective summit between the two countries of the two countries at a later time. In terms of US data, the ‘Federal Reserve’ is scheduled to reach a record of the latest Federal Open Market Committee meetings, which will give the traders a glimpse of the expected future interest rates. “There is still a lack of clarity in monetary policy during this year and the ability of banks to attract more deposits in the current period, but once any data occurs in this regard, there may be more moves than this sector that largely controls the Tasi index,” according to Al -Brasheed. On the other hand, Bloomberg reported yesterday that the “OPEC+” Alliance is considering postponing the return of the oil supplies scheduled next April and quoting one of the organization’s representatives that the global oil markets are still very fragile so that it cannot carry the increase in production. Today, oil prices stabilized after yesterday’s increase, Monday, as OPEC+delegates said the coalition was considering postponing a series of monthly increases in supplies, at a time when the Ukrainian drones attacked a rough pump station in Russia. Brent ruol was traded more than $ 75 a barrel on Monday after a modest profit, while the mediator was “West” near $ 71 a barrel.