Continuous fluctuations on the Saudi Stock Exchange, amid a limited impact on the results of companies

The results of the business are the most important driver of the shares of Saudi -listed companies, but with a limited impact on the general market’s general index, amid continuous fluctuations that led to him falling in the last session, although the rise of the shares of “Aqua Power” and the “national bank” is a limitation. The General Index of the Saudi Stock Market has abandoned its early profits to close 0.6% at 12319 points, with all sectors except communication and public facilities, amid the value of the 7 billion Riyal trading, which is higher than on average three months. The pressure in the last session “comes a lot from the share of Aramco, amid the big declines against oil prices during a session last Friday, which has affected morale somewhat. But in general, the market is still near the highest levels,” according to Ahmed al -race, the first financial analyst in the newspaper “Al -iqtisadiah”. Aramco’s share price fell 1.8% to 27.2 Riyals. Mary Salem, the financial analyst of “Al Sharq”, believes that “the declines are caused by reports indicating that there are no distributions to Aramco linked to performance during this period due to the decline in oil production. It certainly affects the investor moral.” Various interactions with the financial results, the price of “Addis Holding”, which specializes in providing the oil and gas sector, increased by 2.77% in the last session to 17.8 Riyals, supported by better results than expected for the business. The profits of “addis holding” for 2024 rose 80.5% for more than 816 million. “The results of the business are very good, and they expand, especially in Southeast Asia and West Africa, and most of its platforms are freely, giving it a total profit margin of profit than the desert; the total margin on these marine platforms is about 62.5% compared to about 45% on land platforms.” He added that “there are no risks to the company in the short term, thanks to the accumulated works of more than 28 billion Riyals, and the ability to continue to earn revenue and profits in the next short period.” As far as the food sector is concerned, the price of “Nadec” shares has 5.6% to 25.45 Riyals, despite the launch of the growth of profits 156% over the past year, but it was supported by extraordinary conditions with the decline in its major activities in the dairy, juices and agricultural products. “If we exclude the exceptional items in the results of your club, the results of the company will fall some of what they were in the same quarter of 2023, to come without analysts’ expectations, and therefore there is no positive interaction on the share,” Salem said. But Al -Rasheed has pointed to “positive aspects by achieving good sales in the protein sector or the meat field, despite the course of only a year since the company has entered this activity. The expansion supports the risks of the company’s focus on one sector. We will wait to see how the performance of the new sectors will be in the upcoming quarters.” On the other hand, investors died well with the results of “Lumi” for the year 2024, which brought the share price 4.4% to 76.1 Riyals, making the biggest profits between the listed shares. The company, which works in car rental, has announced the growth of its net profits 12% year -on -year to 180.3 million Riyals in 2024. Al -Thaqfan notes that “the good in the results of Lumi is that the revenue is spread between short and long and long term. (Yanbat) directed, which increased the price of 0.13% to 37.45 Riyals. 2024. The sector index rose 0.34% over the past week after 4% jumped over the past week. Wednesday announced. The average expectations of analysts followed by ‘numbers’ for a net profit of the fourth largest company listed in the Saudi market are 3.1 billion Riyale for the last quarter of last year, which is an increase of about 36% on an annual basis according to the accounts of “Al Sharq”.