The market ended 2021 trading, recording the sixth consecutive rise
The Saudi stock market ended the trading of 2021, recording the sixth annual rise in a row, as the index rose by 29.8 percent during the year, to close on December 30 at 11,281.7 points, compared to 8689.5 points at the end of 2020.
According to the data of the “Tadawul” company, the market’s performance in 2021 is considered the best in 14 years, when it increased by 39.1 percent during 2007.
It is noteworthy that the rises in the Saudi stock market during the current year represent one of the seven largest rises in the history of this market since 1985.
According to Al-Eqtisadiah, the rise in Saudi stocks during 2021 is mainly due to supporting the achievements of Saudi Vision 2030 during the first five years and diversifying the local economy, in addition to the rise in oil prices and the launch of a partner program that benefits many listed companies.
What contributed to achieving this result was the success in confronting Corona and the return of the economy to strong growth, as well as huge government spending through the budget and the Public Investment Fund and the launch of many mega projects.
Saudi Press Agency (SPA)
already
2021-12-30
The Saudi stock market ended the trading of 2021, recording the sixth annual rise in a row, as the index rose by 29.8 percent during the year, to close on December 30 at 11,281.7 points, compared to 8689.5 points at the end of 2020.
According to the data of the “Tadawul” company, the market’s performance in 2021 is considered the best in 14 years, when it increased by 39.1 percent during 2007.
It is noteworthy that the rises in the Saudi stock market during the current year represent one of the seven largest rises in the history of this market since 1985.
According to Al-Eqtisadiah, the rise in Saudi stocks during 2021 is mainly due to supporting the achievements of Saudi Vision 2030 during the first five years and diversifying the local economy, in addition to the rise in oil prices and the launch of a partner program that benefits many listed companies.
What contributed to achieving this result was the success in confronting Corona and the return of the economy to strong growth, as well as huge government spending through the budget and the Public Investment Fund and the launch of many mega projects.
03:35 PM
The market ended 2021 trading, recording the sixth consecutive rise
The Saudi stock market ended the trading of 2021, recording the sixth annual rise in a row, as the index rose by 29.8 percent during the year, to close on December 30 at 11,281.7 points, compared to 8689.5 points at the end of 2020.
According to the data of the “Tadawul” company, the market’s performance in 2021 is considered the best in 14 years, when it increased by 39.1 percent during 2007.
It is noteworthy that the rises in the Saudi stock market during the current year represent one of the seven largest rises in the history of this market since 1985.
According to Al-Eqtisadiah, the rise in Saudi stocks during 2021 is mainly due to supporting the achievements of Saudi Vision 2030 during the first five years and diversifying the local economy, in addition to the rise in oil prices and the launch of a partner program that benefits many listed companies.
What contributed to achieving this result was the success in confronting Corona and the return of the economy to strong growth, as well as huge government spending through the budget and the Public Investment Fund and the launch of many mega projects.
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