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Alawwal Capital for Arabia: An optimistic view of the performance of the Saudi market in 2022

Noah by Noah
December 19, 2021
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Alawwal Capital for Arabia: An optimistic view of the performance of the Saudi market in 2022
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Alaa Al Ibrahim, head of the capital market funds sector at Alawwal Capital, confirmed in an interview with “Al Arabiya” that the performance prospects in the Saudi financial market “Tadawul” will remain positive in 2022 in light of the strong economic growth and expansion of companies, and optimism in the state’s public spending. .

close indicator Major Saudi Stocks Today, it is down 1.34% to lose 151.65 points, and close at 11160.24 points, with transactions worth 6 billion riyals.

The volume of traded shares amounted to 176 million shares, shared by more than 320,000 deals, in which the shares of 24 companies recorded an increase in their value, while the shares of 180 companies closed down.

Shares were Consolation companies, Arabian Sea, and developmentAnd Swicorp, Apple REIT, and MEFIC REIT were the highest gainers, while the shares of Saudi Fransi, Arab Insurance, Sadr, Arab Shield, and Tabuk Agricultural companies, declined the most, with increases and decreases ranging between 3.59% and 5.18%.

While the shares of Dar Al-Arkan, Al-Enmaa, Naseej, Sadaq, and Saudi Kayan companies were the most active in terms of quantity, while the shares of Al-Rajhi, SABIC, Dar Al-Arkan, ACWA Power, and Alinma companies were the most active in value.

The Saudi Parallel Shares Index (Nomu) closed today, up 1,098.05 points to close at 27,052.29 points, with transactions worth 156 million riyals, and the volume of traded shares reached more than one million shares, shared by 6375 deals.

Tags: AlawwalArabiacapitalMarketoptimisticperformanceSaudiview
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