The Saudi market index increased 1.1% despite strong fluctuations

The Saudi market index closed a session at this time, on Monday, a rise of 1.1%, reaching 11,194 factors (+117 factors), within the midst of energetic negotiation with a complete worth of round 10.6 billion Riyals, which has been the best since December 2024.

The index skilled critical fluctuations in the course of the session, as a result of transactions began with a transparent drop larger than 400 factors, to achieve its lowest degree at this time at 10,657 factors, earlier than resuming and having the ability to compensate for the entire losses and concludes at a top.

This efficiency comes after a pointy drop available in the market yesterday, exceeding 800 factors, within the mild of risky market circumstances.

However, the Asian markets working at this time have continued their vital decreases, whereas oil contracts have decreased for the third consecutive day, affected by the issues of the epidemic of a world commerce conflict and the decline in financial development, particularly after the announcement of the taxation of recent American prices.

Crucial actions on the Saudi market at this time:

• Saudi Aramco: It elevated by 1% to shut to 25.25 riyals.

• Aqua Energy: It jumped 7% to 331 Riyals.

• Cooperative: It climbed 5% to 131 Riyals after saying money distributions for shareholders.

• Different stable efficiency actions: I witnessed the actions Catherion, suleiman al -habib, etisalat union, yamamah cement, al -drees, al -adida and al -qassim cement The heights fluctuate from 3% and 6%.

• Nationwide Schooling: The heights exceeded 9%.

However:

• Sabic: Lowered by 1% to shut at 59.60 riyals.

• Raydan: It decreased by 5% to 16.34 Riyals after the corporate introduced that its accrued losses reached 49% of the capital.

• Couinnainnin: It was decreased by 10%.