Economy Country February 16, 2025

Saudi Markets End Week on a Positive Note

The three main indices closed the week in the green as investor sentiment improved. This rise reflects a turnaround in market confidence.


Saudi Markets End Week on a Positive Note

Global fund indices finished the week on a positive note, noting growth in three main indices. The market sentiment improved due to the successes that attracted investors.

The fund market noted a positive trend based on the week's results. The S&P 500 index rose by 0.8%, the Nasdaq Composite index grew by 0.8%, and the Dow Jones index added 0.9%.

``` "There was clear overboughtness in the market, and despite the short-term decline, the trend remains upward," said the analyst. ```

Experts also noted that financial companies showed the best results, while technology companies are still experiencing pressure.

Overall, the week was positive for global fund markets, which testifies to some recovery after previous unstable periods.