RIYADH: Saudi Arabia’s stock market fell to close the previous week lower as investor sentiment was dragged down by concerns over an economic slowdown and recession. TASI lost 1.3 percent on Thursday to end at 12,605 points, while the parallel market, Nomu, was down 0.2 percent to 22,844. Stock exchanges in the Gulf all declined in line with Saudi Arabia, while Oman bucked the
RIYADH: Saudi Arabia’s main stock index TASI closed lower on Wednesday, despite the recent US ban on Russian imports driving brent crude oil near $130 per barrel. At the closing bell, TASI lost 0.88 percent to 12,739 points, while the parallel market, Nomu, surged 1.03 percent to 24,796 points. Stock exchanges in Abu Dhabi, Dubai, and Qatar joined the volatile downturn, with