• Buying powers returns Saudi stocks to green zone. Liquidity remains below 3 billion

    11/09/2017

             Saudi stocks continued to rise for the third consecutive session to close at 7377 points, 0.33%. This in the midst of the rise of most sectors and stocks, and the rise in the value of trading 6%, but it remains below 3 billion riyals. The market did not exceed the resistance barrier 7360 points by a large margin yesterday session was subjected to selling pressure during the session, which lost about 0.2% of its value during the session, but the purchasing power returned the market to the Green Zone, but the gains less than the previous two sessions, those gains under possible selling pressure on the market. The pressure from Al Rajhi and SABIC, which did not perform well in yesterday session and showed weakness. The current levels in resistance while the support levels between 7280-7250 points.

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