RIYADH: Saudi Arabia’s benchmark index fell on Sunday as investors shied away from the market due to dampening business sentiment and uncertainty in global demand. The Tadawul All Share Index fell 142 points to close at 10,796, while the parallel market, Nomu, plunged 300 points to finish at 18,866. Of the 219 companies listed on TASI on Sunday, 33 advanced, while 173
RIYADH: Saudi Arabia’s main index declined on Tuesday due to concern over oil price shifts and mixed earnings reports. The Tadawul All Share Index declined 0.97 percent to end at 11,486, while the parallel market, Nomu, dropped 1.28 percent to finish at 19,251. Saudi oil giant Aramco ended the session 0.14 percent lower, a week after announcing that its profit had surged 39
RIYADH: Saudi Arabia’s main index dropped below 11,000 points for the first time in nearly nine months thanks to falling oil prices and global recession fears. The Tadawul All Share Index dipped 2.26 percent at the end of Monday’s trade, reaching 10,909 for the first time since Dec. 12, while the parallel market Nomu shed 0.84 percent to 19,708. The UAE’s indexes tumbled in