A recent report issued by Al Rajhi Financial revealed that real estate investment trusts outperformed all other sectors in the Saudi market and outperformed the Tadawul market by 24.5% over the last three months.

The report revealed that this rise comes as investors“ desire for investments that provide stable dividend payments is high, in the current market environment. The report explained that this rise comes amid high investor appetite for investments that provide stable dividend payments in the current market environment, which implies that demand for bond issuances is likely to be good. In addition to the real estate ETF sector, the sectors with high appetite in terms of price appreciation and above-average trading value in the last three months were defensive, investor-oriented sectors such as retail, food, telecom and health care.

The report said.

Al Rajhi Capital noted in its report that the sectors that witnessed low appetite are market heavyweights (petrochemicals and cement) and financial sectors (banking, investment and finance.)

The report predicted that the high appetite in terms of price appreciation and trading value that exceeded the average in the last three months. The report expects that recent regulatory changes such as the new settlement system and the reviews of major index providers (MSCI and FT) for the Saudi stock market listing and Saudi Aramco's IPO will provide the necessary impetus to increase the ownership share of qualified financial institutions in the medium term.

Al Rajhi Financial's report noted that the sectors that have seen the most interest are petrochemicals, cement, and financial sectors (banking, investment and finance).