The Saudi Market Restore Under the Test .. Does the index score 12 thousand points?

The Saudi Market is on its way to the important level technically and psychologically 12 thousand points, but there is doubt as to whether this increase will be sustainable, especially in light of the pressure taking place in the world markets of the United States in particular, geopolitical unrest. There is a mix of factors that exchange the influence on the market, as well as the effects of US customs duties that escalate and causing a state of foggy over growth expectations for the largest economy in the world, and whose impact has moved in the last period of the stock market, which motivates US markets for a correction wave, there are oil prices that are an oil business. Ahmed Al -Rashid, a first financial analyst for the economic newspaper, believes that “there is a good refusal that the market sees in the last sessions, as the index rose by about 400 points at the end of last week.” But he pointed out that the trends were not clear in the medium and long term pending the completion of the business’s announcement of the results of the last quarter 2024, and perhaps even the results of the first quarter of the year. He added: “These are the fluctuations that control the present time.” The “Tassi” index ascended to the third consecutive session as it rose 0.3% to the level of 11883 points. Saudi shares have decreased, are worried? The current levels of the market, and despite the decline in the past period, are still one of the expected trade during the period of announcing the results, where the “Tassi” index spreads between 11800 points and 12400 points, according to Ghassan Al -zakir, CEO of “Mitaria” in an interview with “Al -Sharq”. This level usually prevails until the governor is rearranged and fully informed of profit distributions and corporate bargains, according to Al -Zakir. The latest market declines will not cause investors’ concerns because it has occurred in the light of the low liquidity, which has been at the lowest levels since the beginning of the year, according to Al -Zakir, which added: “The market will continue to range between 12 thousand points and 12400 points”, and the liquidity is expected to improve after Ramadan. Despite attempts to diversify the Saudi economy away from the ongoing oil, the prices and expectations of crude oil continue to affect. Aramco share 0.38%today, while the global investment bank “Goldman Sachs” reduced its expectations for the price of Brent -Ru by $ 5 a barrel to $ 71 by the end of this year, due to concerns about economic growth in the United States and the increase in the production of the Petroleum Exporting Countries (OPEC). Fear of evaluating Saudi businesses on the other hand, the market shows promising indicators of new in -embedications in a year that is apparently broken by the proposals. The share of the “Arabic Company for Agricultural and Industrial Investment” (production) has risen by the maximum of 30% to 65 Riyals per share, which has been a positive start for the fourth insertion in the market since the beginning of this year after “the finances of finances”, “Nice One” and “Al -Mousa Health”. In light of this, we do not see a major interaction in the market because of the fear of the judgments because of what is happening in the rest of the markets, and in the light of a cautious atmosphere, said Wael Mohamed Ali, director of international mediation at the United Securities. “Global geopolitical and economic factors negatively affect the region and its markets. The stability of oil prices is also needed because any significant fluctuations in prices can affect the investor moral to the market,” according to Ali in an interview with “Al Sharq”. Ali added that the markets need some stability and clarity of the image, especially with regard to the effects of US customs duties on the sectors, so that the investor can build his decisions in the future. Despite the negative effects of external factors, it is aimed at hedging in the region, and there is an upcoming sparkle of hope, which is the possibility of the attention of some investors towards the markets’ markets, to take advantage of opportunities in some shares that have become a low price level, especially in light of the relative region of the US Courses, Mexada, Me directed. It emerged in the advertisement ‘Ninty One’ that it buys the shares of Emirati businesses with the increasing demand for less affected investments in the commercial war led by Donald Trump, according to ‘Bloomberg’. Davi Aroura, head of the Governor’s Department of Management at the “Deedan Investment Company”, did not exclude the approach of some investors to buy the shares of the region to hedge from Trump dock duties. “There are some companies in the region in general, and Saudi Arabia offers in particular good profits distributions, and their inclusion in global indicators such as MCII leads to them,” according to Aroura. He set an example of this in the Saudi banking sector, which has a high durability, and is expected to see a strong growth of credit and margins. The Chinese influence can receive the Saudi Market a group of indicators about improving the Chinese economy, despite the effects of customs fees. Data revealed the increase in retail and industrial production in China, with the best expectations of economists in the first two months of this year. ‘Most Saudi -Petrochemical Enterprises rely on Chinese demand, and we are expected to see the improvement of the coming period in demand for the products of the companies from Beijing, and that the negative factors affecting the sector, whether the low prices, the decline in demand and high interest rates. Although the influence of the petrochemical sector on the market is thanks to the new infections in different sectors, but it still has a large percentage of form capital.