A slight decrease in the Saudi Stock Exchange in early transactions after completing the results season
The Saudi Stock Market Index has dropped 0.1% within half an hour since the week’s trading, after the opening of the contemporary session with a slight increase, in the first intercourse after the deadline for announcing the results of the companies’ work from the first term. At the beginning of the session, the “Tassi” index increased by 0.27% to go back to the 11500 point test, which is an important psychological obstacle to investors. Before returning to decline. This decline led the shares of “Al -Rajhi Bank”, “Al -Ahly Bank” and “Sabic”, while the most prominent emerging of the “World Sea” stocks were 3%. Majid Al -khaldi, the first financial analyst in the newspaper “Al -iqtisadiah”, expected the market to see momentum after the customers’ assimilation of the results of the ‘positive’ quarterly enterprise for the listed businesses, and with the tranquil external factors to the commercial agreement between China and the United States. During an interview with “Al -Sharq”, Al -khalidi said that “the focus during the upcoming period could be on these results, which could give us an incentive to overcome the current levels and trade more than 11,500 points this week,” noted that the collected profits of companies continued their annual growth for the fifth consecutive quarter. With the exclusion of the results of “Aramco”, the collected profits of the companies listed in the Saudi market increased by 21%, according to the “Arkam” website during the first three months of the year more than 40 billion Riyals. The results of the visit of US President Donald Trump to Saudi Arabia have so far not been reflected on the Riyadh Stock Exchange. The restoration of US equities and oil The Saudi financial market has ignored the rise in oil prices, and the US equity index, which concluded last week, with the second best weekly performance in 2025, where the gains of the S&P 500 referral index in April exceeded 5% to reach the door of the emerging market after the rise with about 20% of the lowest levels in April. In the energy markets, oil prices rose after Iranian Foreign Minister Abbas Araqji reduced the possibility of progress in core talks with the United States, saying that his country had received no official proposal. Brent -ruol rose by more than 1% to turn off above the $ 65 level, while the price of the Western Texas -Tussenthe ru rose more than $ 62.