[ad_1]
Saudi Arabia fell for a second session to close at 8405 points of 42 points, or 0.5%, doubling the pace of the previous session, which lost about 0.21%. The retreat came under pressure from leaders led by Al-Rajhi. In previous reports, the weak market performance and its side, and yesterday's trading broke support levels 8426 points, it looks like the market is looking to break the 8400 to reach the levels of 8350 – 8369 points , which is the most important in terms of technical stability.
Financial results are important for tracking the market price for the coming period, so if results above expectations can lead to more liquidity in the market, especially in anticipation of effective market access international indicators. For the market
the general index opened at 8448 Liquidity decreased by 24%, from 956 million riyals to 3 billion riyals, and the average value of the transaction was 35,000 riyals. While the shares traded fell 22 percent from 35 million shares traded to reach 125 million shares traded, with a turnover rate of 0.24 percent. Trades fell by 12 percent from 12,000 to 87,000.
Sector Performance
Four sectors advanced relative to the others. Energy increased 1.3%, followed by 1% drugs and 0.89% food fragmentation. Follow-up of "capital goods" (1.6%), insurance (1.2%) and "basic materials" (41%), followed by "(19659003) Stock Performance [19659005] SALAMA increased by 4.5% to SAR 23.60, followed by "SARS", which increased by 23% to SAR 716 million and "Insurance" by 7% Malath Insurance "by 3.3 percent to close at 15,16 rials, and the third, "Petro Rabigh" by 3 percent to 29.55 riyals.On the other hand, the decline of "Saku" for the maximum at 96.30 riyals, followed by "Misk" for the maximum to close at 7.20 riyals, and thirdly "Alhokair Group" of 3.7 to close at 20.50 riyals.
Announcements
SABIC with a value of 503 million riyals of 16 percent, followed by Al-Enmaa of 16 for to 497 million RS and Saudi Arabia 10 per cent to SAR 305 million.
* Economic Reporting Unit
Source link
