Closing bell: TASI slips to 11,707 points as turnover touches $2bn arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Saudi Arabia’s Tadawul All Share Index fell 46.52 points to close at 11,138.05 on Sunday, exercising caution ahead of the US debt ceiling decision that has gripped global markets. While the parallel market Nomu slipped slightly to 21,0553.54, the MSCI Tadawul Index closed flat at 1,483.75. The total trading turnover of the benchmark index was SR4.66 billion ($1.24
RIYADH: Stock markets across the Gulf Cooperation Council raised $3.5 billion through 12 initial public offerings during the first quarter of 2023, with the UAE responsible for 91 percent of the total amount. Abu Dhabi Securities Exchange recorded an increase of 192 percent in value compared to the same quarter of the previous year as it raised $3.2 billion from just three