TASI Index: 12,284.41 -1.41%

Vol: 04/01/2024
High: 1.17%
Low : 12,476.59









































Saudi Exchage Morning Shout

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Market heading south, losses -176 points

Bears rule the trading session of the week. Benchmark Kuwait Stock Exchange Index lost -176 points at the trade, selling caused the dip in the value of major shares. The sudden blip in sentiments sent a wave of caution among investors who avoided dealing into majority shares during the day. The session marks the Index to stand at12284 points with the loss of -176 points. Experts believe however that all the positive news are now being incorporated in the price patterns of the market at the tail end of results season. The current international situation and political instability is casting a shadow of doubt in the mind of the investor. The market can remain volatile in the next few days.

Headlines

News Source Perception
Riyadh exhibition to boost Saudi palm sector goals AN Neutral
Global energy sector employment increased by 3.8% in 2023: IEA AN Neutral
Kingdom launches new framework to standardize digital services AN Neutral
COP29: Czech Republic, Italy push for increased nuclear power AN Biz Negative
Minister Al-Khateeb welcomes Hyatt Hotels’ plan to increase hotel capacity to 5,000 rooms in 5 years SG Biz Neutral
Crown Prince discusses Ukrainian crisis with Zelenskyy over phone SG Biz Negative
Preparations are in full swing to implement Makkah Route Initiative for the upcoming Hajj SG Biz Neutral
Biden says he will stop sending bombs to Israel if it launches major invasion of Rafah SG Neutral
Saudi Gazette reportMADINAH — Eng. Saleh Al-Jasser, Saudi Minister of Transport and Logistics Services, received the first batch of 283 pilgrims arriving from India Thursday on a Saudia Airlines... SG Neutral

Sentiment Analysis

Twitter Trend

Current Earlier
#الليله_دوبمدريد
#قادمون_تمره_للالعاب_تريتراالريال
#متجر_عسوله_للعسل٢نوير
#الخميس_الونيساليوم الخميس
#مذيع_يستفز_شاعرالاشهر الحرم

Markets Overview

Recent Index Quotes

Date Quote Percentage
05/09/202412,284.41-1.41%
05/08/202412,460.110.83%
05/07/202412,357.99-0.12%
05/06/202412,372.500.16%
05/02/202412,352.330.05%
05/01/202412,345.65-0.40%
04/30/202412,394.910.21%
04/29/202412,369.460.94%
04/25/202412,254.53-1.84%
04/23/202412,484.41-0.20%
04/22/202412,508.930.05%
04/18/202412,502.350.29%
04/17/202412,465.98-0.28%
04/16/202412,500.43-1.64%
04/15/202412,708.340.02%
04/04/202412,705.420.66%
04/03/202412,622.221.17%
04/02/202412,476.590.43%
04/01/202412,423.010.17%
03/31/202412,401.56-1.31%
03/28/202412,565.89-0.33%
 

Arab News

  • Saudi Fashion Commission, French luxury giant to award sustainable startups
  • Saudi project clears 614 Houthi mines in Yemen
  • Kingdom launches new framework to standardize digital services
  • KSrelief distributes shelter kits in Afghanistan and Somalia
  • KSrelief distributes aid to most needy in Lebanon, Chad and Syria
  • Saudi defense minister meets with Chinese envoy to Kingdom
  • King Salman approves hosting of 1,000 Umrah pilgrims from 66 countries
  • GCC secretary general receives Austria’s ambassador in Riyadh

Arab News Biz

  • Agriculture key to climate change mitigation, experts say
  • ACWA Power’s Al-Shuaibah solar project begins commercial operations in Saudi Arabia
  • COP29: Czech Republic, Italy push for increased nuclear power
  • Oil Updates – market sees losses on tight supply but cloudy demand caps gains
  • COP29 Day 3: World leaders address urgent climate goals at high-level session
  • NEOM board of directors announces leadership change
  • Maldives, Bulgaria push for greater climate action, financing

Saudia Gazzete

  • Hajj season kicks off with the first group of pilgrims arriving from India
  • Saudi Gazette reportMADINAH — Eng. Saleh Al-Jasser, Saudi Minister of Transport and Logistics Services, received the first batch of 283 pilgrims arriving from India Thursday on a Saudia Airlines...
  • Biden says he will stop sending bombs to Israel if it launches major invasion of Rafah
  • Saudi Arabia condemns attack on UNRWA headquarters in Jerusalem
  • SAUDI ARABIA
  • Minister Al-Khateeb welcomes Hyatt Hotels’ plan to increase hotel capacity to 5,000 rooms in 5 years
  • First batch of Pakistani pilgrims leaves for Hajj under Makkah Route initiative
  • Crown Prince discusses Ukrainian crisis with Zelenskyy over phone
  • Education minister: 3-semester system is under study
  • Preparations are in full swing to implement Makkah Route Initiative for the upcoming Hajj

Economic Overview

Year GDP (Bln. KD) GDP(Bln.USD) Growth
2022 39.639 183.568 8.6%
2021 36.477 135.761 1.3%
2020 36.006 105.949 -8.87%
2019 39.504 136.192 -0.91%
2018 39.724 138.202 13.99%
2017 38.778 120.687 10.75%
2016 40.697 109.381 -4.11%
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