By: Thabet Shehata
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) will resume trading on 18 September after the Eid Al Adha vacation, which started on 11 September.
Aljazira Capital expected in an earlier report that the market will witness an increase in the liquidity levels after the Eid vacation, which will contribute to regaining the positivity of the market, with the index to stand above the level of 6,460 points.
Tadawul is likely to witness a purchase power after Eid Al Adha vacation, technical analyst Ali Al Zahrani told Mubasher.
The main index added 0.61% or 37.15 points to the level of 6,173.53 points on its last trading before the vacation.
On the weekly-level, the market saw a positive performance on the week ended on 8 August rising 2.57%, to continue its gains for the second week in a row.
Translated by: Sara Ghali
