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96 billion rivals traded in Saudi Arabia in October. And inflation to 2.1%



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15 11 2018

The value of traded shares in Saudi Arabia in October amounted to about 96 billion rivals, while inflation fell to 2.1 percent, the index fell by 1.2 percent to 7,709 points, and the share of base materials and banking companies reached 67.4% of total value of transactions and capital goods and goods fragmentation While the health and utilities sectors were the most severe, down 5.7% and 5.4%, respectively.

According to the Al-Jazeera Capital report, the main market index for the month under review started at 7,999 points to close at 7,709 points, the average daily transaction value of 4.16 billion rivals compared to 2.62 billion in September. In contrast, the real estate and utilities administration and development sectors were the weakest declining by 28.6% and 21.6%, respectively. Basis and banks were the most traded stocks in value, representing 35.71% and 31.69%, respectively, of the total value traded during the year. October.

The interest rate between Saudi banks (SAIBOR) decreased by 2.76% and 2.94% for the six month period. The inflation rate at the end of September dropped by 2.1% and deposits rose to 26.3 billion rivals by 1.63% over the previous month.

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

The value of sight deposits in August increased by 5.3 billion rivals, an increase of 0.52% over the previous month. Operations at sales points for October rose 0.6% to 19.3 billion rivals, with a total of 88.5 million rivals and 1.9% more than the month. Crude crude oil and West Texas oil fell 8.8% and 10.8%, respectively, to $ 75.5 and $ 65.3 respectively.

© Al Madina 2018

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