Saudi stocks continue to harvest points

The main financial market for shares in Saudi Arabia continued its brilliance in reaping point gains on the weekly and daily levels, as the general index’s transactions ended yesterday, with an increase of 1.2 percent, to close at 12,339 points, up by 140 points, recording the highest closing in a month and a half, amid trading worth The total is regarding 7.6 billion riyals ($2.02 billion).
The performance of the main Saudi market represents a continuation of its rise for the fifth consecutive session, during which it scored 465 points, at a time when it was expected that the process of raising interest rates for central banks in the region, including the Saudi Central Bank, following the increase in the US Federal Reserve, would reduce the desire of dealers to pay more. of liquidity in the financial market.
The energy, banking and petrochemical sectors contributed to pushing the general index, especially the Saudi Aramco share, which rose by one percent, as well as the shares of “Al-Rajhi Bank” and “SABIC” shares, which are companies that have a direct impact on the movement of the general index of the market, down or up. .
On the other hand, the Saudi Parallel Shares Index (Nomu) closed its transactions yesterday, up 110.77 points to close at 21,502.33 points, with transactions worth 56.6 million riyals, as the volume of traded shares amounted to more than 680 thousand shares shared by 2353 deals.


Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Battlefield 2042: Kaleidoscope Map Redesign with Update 1.2 | Xbox One

Monkeypox and Fourth wave of COVID-19 in Peru, live today: cases and latest news via Minsa – Monkeypox outbreak 2022 – tdex – revtli – lbposting | ANSWERS

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.