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الاقتصادية
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Saudi stocks rise amid cautious funds

Saudi stocks rise amid cautious funds

The Saudi stock market experienced a weekly increase of 0.72%, with the Tadawul All Share Index closing at 11,121 points. However, trading volume declined by about 5% to 26.2 billion riyals, reflecting selective trading and weak liquidity. The performance was primarily driven by major companies, with the MSCI Saudi Arabia Index rising by 1.2%. Nonetheless, the market remains below its highest levels in five weeks, and the gains appear limited amid ongoing caution in trading activities. The market is awaiting the Q2 earnings results, amid a high interest rate environment and tightening monetary policy, which could limit the pace of recovery unless strong financial performance supports expectations.

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