The halt of the Saudi Stock Exchange Index amid the density of positive revelations

The rate of disclosure of the financial results of the businesses listed in the Saudi stock market has accelerated with a number of leadership companies announcing higher results than expectations, but it seems investors need even more time to accommodate the results. The “Tassi” index closed by about 0.1% to stay without a threshold of 11 thousand points, with a noticeable decrease in trading values to 3.5 billion Riyals compared to about 4.5 billion Riyal average over the past week, which is an already low level of ordinary rates. “Suleiman Al Habib,” the biggest support for the index, delivered 4%, after the company announced better results than expected. At the level of leadership shares, the largest shares on the “Aramco” index increased by 0.3%, as well as “Sabies”. While the shares of “Al -Rajhi Bank”, “Aqua Power” and “Al -Ahly Bank” have decreased. The shares of “Sabic for Agricultural Nutrests” and “Zain Saudi Arabia” also increased with positive results, in exchange for a decline in the “Tadawul” arrow that operates the market after a significant drop in its quarterly wins, and the arrow of “clubs for sports” has decreased. Although the quarterly profits fell by more than 80%, the “Yanbu Petrochemical Petroleum” shares (Yanbil) increased by 2.9%, supported by the company’s declaration of financial distributions to shareholders. The stock rose during the session at the fastest daily rate in about 4 months. Liquidity is an ongoing challenge. Financial analyst Youssef Youssef believes that “the primary challenge in the market today is trading values. Trading values must be improved to return above 5 billion to see a positive response to the results of the marketing businesses.” During the second quarter, the market was a significant drop of more than 30% on the daily average of trading values to $ 1.5 billion, compared to the same quarter 2024, according to the data “Bloomberg Intelligence”. Positive expectations for the week for the rest of the week’s sessions, Majid Al -khaldi, the first financial analyst in the newspaper “Al -iqtisadiah”, expects the positive results to support the performance of the market this week, but indicated that the investors would expect the reserve of the reserve of the reserve. The US Central Bank is scheduled to announce its decision on interest rates next Wednesday amid expectation that it will hold interest rates for a longer period, a decision that receives attention in the Saudi market as a result of the Kingdom’s monetary policy to its US counterpart. The results reinforce the share of “Zain”, “Zain Saudi Arabia” sight of the company that achieves higher results than the average expectations of analysts during the second quarter. During an interview with “Al -Sharq”, the financial analyst Mansour considered that “Zain” came out of the bottleneck and became a good situation in light of the company’s direction to diversify between telecommunications, financing services and others. He added: “The company has had very high debt in recent years, but after its leadership to sell the communication towers and regain it, it could support the growth of its business and results.” The most prominent other companies that announced its results today: the net profit of the “Suleiman Al -Habib” medical services increased by 6.5% to 591 million Riyale, expectations, “Slushns” gain of the “Saudi Telecom” business fell slightly, but it came higher than expectations of the expectations of the came after the repetitions were expected. “Sabic for agricultural nutrients” by 50%