RIYADH: Saudi stocks declined in last week’s final session in line with most Gulf peers, as oil prices continued to fluctuate. The main TASI index finished 0.2 percent lower at 12,621, while the parallel Nomu market edged up 0.2 percent to 21,574. Abu Dhabi, Dubai, Bahrain, and Oman all lost between 0.1 and 1.5 percent, while Qatar and Kuwait bucked the trend to close 0.2
RIYADH: The main index, TASI, started the last trading session of the week flat at 11,735 on the back of investors’ uncertainty over inflation and the possibility of a recession. The parallel market, Nomu, began the day 0.96 percent higher to reach 20,927, as of 10:06 a.m. Saudi time. Aramco, the largest player on the Saudi oil market, started the day in the red, dropping 0.38
RIYADH: Saudi stocks failed to rebound again following continued fluctuation in oil prices, which caused inflation fears to spread among investors. The main index, TASI, fell 0.74 percent ending the day at 11,427, while the parallel market, Nomu, dropped 2.10 percent to 20,248. In energy trading, Brent crude settled at $113.77 a barrel and US West Texas Intermediate reached
RIYADH: Saudi stocks saw their second straight day of gains on Monday, with TASI reaching 13,064 points for the first time since 2006 as investor fears abated. TASI was up 0.5 percent during the session and the parallel market, Nomu, surged 3.8 percent to 25,135. GCC bourses were topped by Dubai’s DFMGI which gained 2.1 percent, followed by Abu Dhabi, Kuwait, and Saudi Arabia.