The fluctuations continue on the Saudi Stock Exchange in light of a global demand for risk
The Saudi Stock Market Index has changed today in a narrow series, Wednesday, in light of a global risk demand, amid optimism about the capacity of companies, especially the American, to withstand the potential slowdown in economic growth, and profit disorders caused by Trumpdows. Similar to the session of yesterday, the “Tassi” index ranged between the rise and landing at the beginning of the session between 11740 points, with the price of “Aramco” share by 0.6% to 25.5 Riyals, and “Sabies” by 0.16% to 61.3 Riyale, while the share of “Saudi Telecom” increased to 47,7.7.7 -Rajhi Bank “was resolved without change. On the occasion of 100 days since Donald Trump took over the US presidency, Ikrami Abdullah, the chief financial analyst in the newspaper” Al -iqtisadiah “, said during an intervention with” Al -Sharq “that” the Saudi market at the beginning of this month. “Jamjamum” which jumps the price of the “Jamjoom Pharmaceutical” share of about 10% to 173 Riyals, after the company announced a jump or about 53% in the profits of the pure company in the first three months of the year. The basic support for growth is the result of the 70% of its business in Saudi Arabia, has benefited greatly from the demand for medicine, and related to it, in addition to low financing costs in Egypt. Profits of 16.5% have announced up to 122.4 million Riyals. Company is still influenced by the tensions in the region, and this indicates the slowdown in demand for consumers, which is possibly due to the boycott, in addition to the tax tax imposed in the Emirates. “A recovery in the global markets, most of the Asian stock indicators also increased today, amid optimism among optimism among traders with 0.3%rose. The US shares were recovered in the last session, increasing the ‘S&B 500’ and ‘Nasdaq 100’ by 0.6% for each of them. But oil prices rose near their lowest levels in three weeks to reach the price of the Western Texas between -Ru -rough, about $ 60 a barrel, while Brent ruol reached about $ 63.