The Saudi Stock Exchange increases its profits with the support of leadership shares
The Saudi Market Index “Tassi” began today’s transactions at 0.5%, spreading above the 11100 points level, with the support of the rise of al -Rajhi, Aramco and minerals. SMC also rose 0.2%to 23.48 Riyals for the first time at the beginning of its third session in the market, before dropping 1.5%. Note that the offer price has reached 25 Riyals per share. According to Youssef Youssef, the financial analyst and lecturer in financing and investment, the success of the index is the success of the index in the closure of last week in the closure above the level of 11,000 points, which is an important psychological level, especially because he could not maintain it during the current month. He pointed out that one of the good indicators is also the increase in trading volumes, as the average trading values rose by 1.6% compared to the previous week. Prior to the start of the trading, economic indicators seen that positive numbers were announced, as foreign investment flow entered during the first quarter of 2025 Saudi Arabia, recorded approximately 24 billion Riyals (about $ 6.4 billion), with an annual increase of 24%. On the other hand, the outflow amounts to 1.8 billion Riyals to reach the net foreign investment, according to the data of the General Authority for Statistics. The unemployment rate under Saudi also dropped to an unprecedented level of 6.3% by the end of the first quarter, which is the lowest rate recorded since the start of the work of the workforce, according to the quarterly Bulletin, which was also issued by the statistics authority today.