24 Hrs
Source:
المدينة
Weekly stock market gains total 71 billion
The market capitalization of the main Saudi market increased by 0.74% over the week, adding more than 71 billion riyals to reach approximately 9.6 trillion riyals. The market continues to perform well, enhancing its position as the largest financial market in the Middle East. It comprises 260 companies across various sectors such as banking, energy, and basic materials. The market benefits from foreign investment flows, which accounted for 4.66% of the total, supported by reforms and economic diversification linked to Saudi Arabia’s Vision 2030. It is expected that foreign investments will continue to grow with the expansion of privatization programs and the opening of new branches, boosting liquidity and increasing the market’s attractiveness to global investors.
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