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00:00 The analysis of the Saudi market performance at the end of this week, I have with me from the department Mr. Adel Al-Huayli, a member of the Saudi Analysts Association.
00:07 Welcome.
00:08 We have with us today the values of the exchanges, which did not exceed 7 billion, about 6.7 billion.
00:17 And you have the indicator that is back to the difference of 18 points.
00:21 Why did we reach this limit at the end of the week?
00:25 Of course, talking about the indicator, if we noticed today and yesterday, it was trading
00:32 in an area that is considered an artificial area, at 12,274.
00:38 Of course, it is more expensive than it, and of course, a price confirmation for the beginning
00:43 of the analysis process, we may see it in the coming period.
00:47 Of course, the prices will not go far.
00:50 It may take an artificial area, as we notice in daily exchanges.
00:57 Of course, the correction is considered a corrective correction, and also the transition
01:03 of the market from one sector to another, or perhaps from a growing stock to a growing
01:09 stock, better and more, and hopefully a better price movement in the coming period.
01:15 If we noticed today, the exchanges were very weak, until we reached an area that is considered
01:22 an artificial area, at 12,274.
01:25 It closed, less than it, a price indication for the price confirmation of the beginning
01:31 of the correction, we may see it in the coming period.
01:34 Also, with the close of the month, next week, we may see some exchanges rise and fall,
01:42 until we see in a bigger way areas of growth and areas of the end of the correction in
01:48 the coming period, God willing.
01:50 Yes, if we talk about the expected bookings in the markets, we had a meeting today with
01:55 a group of doctors for medical care, and there was a clear direction, because it will be
02:00 among a group of companies in the same sector.
02:03 To what extent do you think the market is thirsty for new bookings, and for this kind
02:08 of companies?
02:10 Of course, bookings, as more and more companies grow and profit, the better the return on
02:20 investment for investors.
02:23 Investors are looking for companies that grow and profit, especially sectors such as the
02:29 health sector, which is considered very important in the market.
02:34 And also, as we noticed in the past period, we have seen high turnover and reaching very
02:40 high areas, an indication of self-growth and self-profit in companies.
02:44 So, God willing, we hope for many companies that are financially better, to increase the
02:52 depth and also increase the investments in the Saudi market.
02:56 Thank you for your time and analysis.
02:58 My guest from Al-Qasim is Mr. Adel Al-Huayla, and you are a member of the Saudi Analysts'
03:02 Association.
03:03 Thank you.
03:05 [Music]
03:14 [Music]