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Closing bell: Saudi bourse slips 29 points to close at 10,811

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 28.81 points or 0.27 percent on Monday to close at 10,810.68. While MSCI Tadawul 30 Index ended flat at 1,492.97, the parallel market Nomu fell 27.67 points to 19,151.14. TASI’s total trading turnover of the benchmark index on Monday was SR5 billion ($1.33 billion), with 69 stocks of the listed 223 advancing and 135

Closing bell: TASI proceeds at snail s pace, inches ahead 0 12%

RIYADH: Saudi Arabia’s Tadawul All Share Index on Thursday edged up 12.50 points or 0.12 percent to close at 10,821.65. While MSCI Tadawul 30 Index ended flat at 1,499.11, the parallel market Nomu booked a marginal decline at 19,252.34. TASI’s total trading turnover of the benchmark index on Thursday was SR3.71 billion ($990 million), with 116 stocks of the listed 223

TASI loses steam on weak global outlook: Closing bell

RIYADH: Saudi Arabia’s main index mostly traded in the flat-to-negative territory on Thursday, reflecting the weak outlook and softer demand of the global markets. The Tadawul All Share Index slipped 0.08 percent to end at 11,142, even as the parallel market Nomu rose 1.02 percent to 18,838. Of the 218 companies listed on TASI, 113 advanced, while 93 declined. The total

Allianz Group s Saudi unit posts 13% profit surge amid potential stake sale

RIYADH: Allianz Saudi Fransi Cooperative Insurance Co. reported stronger earnings for the first half of 2022, amid news that its German parent company is planning to sell its stake in the Saudi unit. The joint venture between Allianz Group and Banque Saudi Fransi saw its net profit before Zakat surge 13 percent to SR10 million ($2.7 million), according to a bourse filing.

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