Saudi stocks achieved the best half-first end in 16 years, after rising 26% in 2021 so far.
According to Arab Net support the rise in oil prices and government projects, including a partner program launched by Crown Prince Mohammed bin Salman, to enable domestic private sector companies to reach investments worth 5 trillion riyals ($ 1.3 trillion), which supported listed shares In the Kingdom, according to Bloomberg.
Saudi Finance Minister Mohammed Al-Jadan, revealed in March, 24 Saudi companies pledged to invest two riyals to 2025 and 3 trillion riyals by 2030.
The trading index, which includes all stocks is close to 11,000 points.
For his part, the Director of Fim Partners, Junaid Farouk, pointed to a major momentum in the market, and a significant rise in traders' morale.
