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Saudi stock exchange trading at 96 billion riyals in October .. 2.1% inflation


15 11 2018

Saudi shares in October, the value of trade to about 96 billion, inflation to 2.1%, the index fell 1.2% to 7.709 points fell. The core stock and banking companies' shares were 67.4% of the total trade value and 67.4% of the capital goods and commodity fragmentation sectors. Health and public services sectors decreased by 5.7% and 5.4%, respectively, while the worst ones.

According to the Al-Jazeera Capital report, the main market index of the month analyzed reached 7.709 points from 7.999 points. The average daily trading value per day was 4.16 billion rials compared to 2.64 billion rials in September. In contrast, the management and development sectors of real estate and public services are the worst ones with 28.6% and 21.6% respectively, while the basic materials and banks are the most heavily traded stocks and within the year. 35.71% and 31.69% of the total value, respectively. October.

Saudi banks (SAIBOR) had an interest rate of 2.76% for the three months and 2.94% for a six-month period, the end-September inflation rate was 2.1%, while deposits increased by 1.63% compared to the previous month and reached rose.

While total loans increased by 1.5% in September compared to the same month of the previous year, total loan balance increased by 15.6% compared to the same month of the previous year, while loans decreased by 10.4% compared to maturity of 1-3 years. The same period comparison showed that loans with shorter than one year loans decreased by 2.6% compared to the previous year.

In August, the value of demand deposits rose by 0.52 percent compared to the previous month and rose to 5.3 billion tonnes. October point of sale operations increased by 0.6 percent, totaling 88.5 million riyals and an increase of 1.9 percent to 19.3 billion. Brent crude and West Texas crude oil fell 8.8% and 10.8%, respectively, to $ 75.5 and $ 65.3, respectively.

© Al Madina 2018

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