The trading market in the Kingdom of Saudi Arabia is considered one of the most important trading markets in the entire world because it has a very large impact on the market, Perhaps this reason is one of the main reasons that prompted Saudi and foreign investors and customers to search for shares to buy in the Saudi trading market, as it opens up a lot of investment prospects for them, and one of the most popular of these stocks is oil stocks, as its control is not limited to the Kingdom of Saudi Arabia only, but also includes the Gulf market. entire, Through the following lines, we will introduce you to the best Saudi trading companies to buy shares in 2022 AD.
Saudi trading companies
The Kingdom of Saudi Arabia includes a large and distinguished group of trading companies dedicated to trading forex or digital currencies and cryptocurrencies, which provide many shares for the possibility of purchase by customers and investors. Saudi Arabia has distinguished itself a lot in this field compared to the rest of the trading markets in the Arab Gulf region Through this distinction, it was able to achieve high profits.
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The Kingdom of Saudi Arabia includes a huge list of companies whose shares are included in the Saudi trading market. The number of these companies has reached 150. Through the Tasi index, you can learn about the strongest shares in the market and test them, and among the best companies whose shares are available in the market for investment:
Aramco
The best Saudi company in the Saudi trading market at all is Aramco, which is known as the Saudi Arabian Oil Company, as it is one of the best stocks available in the entire Gulf market. Although trading in the Saudi market was affected by the Corona crisis, Aramco shares witnessed a slight increase.
It is worth noting that the shares of this company represent 76% of the market in the Kingdom of Saudi Arabia. Despite the decline in its profits in some cases, it maintained its position in the market in terms of dividend distribution, and by the end of 2020, it distributed more than 70 billion Saudi riyals.
Al Rajhi Bank
Al-Rajhi Bank and Bank is considered one of the best banking banks in the Kingdom of Saudi Arabia, because it is the largest of the banks and has many branches located in various cities of the Kingdom. This is in addition to its high growth rate, so we advise you to buy its shares, as it is one of the best Saudi stocks at all.
It is worth noting that the TASI index confirms that the shares of Al-Rajhi Bank are going on a steady and distinct pace and provides a very high percentage of profits, as the bank’s market value exceeds 180 Saudi riyals and is characterized by its permanent progress.
Stc Company
The Saudi Telecom Company, STC, is one of the best Gulf telecommunications companies without a competitor, because it is a huge company that owns many branches in various countries of the Arab world, and in 2022 it was able to be one of the best companies that announced its shares in the Saudi market, due to Excellence in the distribution of profits.
Towards the end of this year, STC was able to distribute about 10% of the nominal share value to all shareholders. The company’s earnings per share only increased from 6 Saudi riyals.
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Al Jazeera Bank
With the start of the current year 2022 AD and until this time, Bank Al-Jazira was able to achieve very high profits in the Saudi trading market, as it witnessed a clear rise in its profits, and it is expected by investors to continue on this rise also in the next 2022 AD.
Bank Al-Jazira’s profits at the beginning of this year reached 77%, or approximately 321 million Saudi riyals. And if you want to buy shares for trading in Bank Al-Jazira, you should note that its share symbol is 1020.
Al-Jouf Agricultural Development Company
Al-Jouf Agricultural Development Company was able to be one of the best growth companies in the Kingdom of Saudi Arabia, because its stock is one of the best stocks that you can buy with confidence and safety. In the Saudi trading market, its stock is known with the symbol 6070.
It is worth noting that Al-Jouf Agricultural Development Company was able to achieve a total and positive change of 88%, but it should be noted that Al-Jouf Company’s share is one of the volatile and unstable shares in the Saudi market, because it is gradually rising.
The best Saudi companies in the distribution of profits for the year 2022
Each of the Saudi companies that put their shares on the trading market has an advantage that distinguishes it from others, but there are a group of companies that have been able to be the best in distributing profits, and they are:
- Saudi Oil Company “Aramco”.
- SABIC Saudi Arabia.
- STC
- National Commercial Bank.
- Al-Rajhi Saudi Bank and Bank.
- Saudi Electricity Company.
- Al Jazira Saudi Bank.
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And here we have come with you to the conclusion of this article, in which we talked about the best trading companies that are located in the Kingdom of Saudi Arabia and are intended only for the purchase of shares, We advise you to deal with one of the companies mentioned in the previous paragraphs.
