Skip to playerSkip to main content
  • 3 years ago

Category

🗞
News
Transcript
00:00 The Saudi market will remain in the red zone with the continuation of the refunds, which we are witnessing, of course, due to oil prices
00:08 and also the fear that still surrounds the global markets after the directions to a lower process
00:15 and review of the US banks' classifications, along with the fear of the Chinese economy,
00:21 and specifically the real estate sector, which is facing a new challenge.
00:25 The season of announcing the results of most Saudi companies has ended, and therefore we saw the market today
00:31 break the level of 11,400 points. The CIOs planned 5 billion and 200 million,
00:37 and we talked about the Safi, a sales of more than 156 million Riyals at the end of the trading session.
00:44 The movements today were the greatest pressure on the market, a number of leading stocks,
00:50 and we saw, of course, the equilateral market return to the red zone with a loss of 82 points at the end of the session
00:58 to 23,312 points. The leaderships for the market have turned to pressure on the banking sector,
01:07 today by the candidate with 14 points. Today, a positive move on the former with 14,
01:13 and the People's Bank continued its retreats with 1% of losses. Aramco is still continuing today
01:20 the climb after it met its limits in a previous session, and we are still trading at 34.45 Riyals.
01:27 Aramco, of course, had a lot of operations during the last two weeks,
01:33 due to the results and the distribution it provided to the contributors.
01:36 The Omar Group was also among the movements today, and the Riyadh Bank had 18 pressures.
01:43 The French Saudi and the Saudi Telecommunications lost 16 points, while Safola also retreated with 10 points.
01:50 The remaining shares of the activity today on the Baha share amounted to 26,200,000 shares.
01:57 Aramco, Shams Americana and the Saudi People's Bank with about 5,400,000 shares among these movements.
02:05 The profit scene is also emerging.
02:07 Bina and also Azeeb for SPC and Baha, all at highs.
02:13 And a number of shares were under pressure today.
02:17 Marble Design, this new candidate to the market, lost today about 6%.
02:22 Hadeed Watani, Tabuk Al Zira'i Al Babteen and the Canadian Medical Center lost 3.17 points.
02:29 The striking thing is, of course, with the fear that is still dominating the global markets,
02:34 Saudi Arabia's investments in the US Treasury bonds and bonds were at a 2.9% decline with the end of last June,
02:43 equivalent to $3.02 billion, and recorded $108.1 billion in exchange for $111.3 billion with the end of last May.
02:54 On an annual basis, Saudi bonds and US Treasury bonds declined by 9.3% and recorded $11.1 billion with the end of June 2023
03:07 in exchange for $119.2 billion for the same period of the previous year.
03:14 [BLANK_AUDIO]

Recommended