RIYADH: Last week, Saudi Arabia’s stock market wrapped up a positive trading week amid heightened investor sentiment, with the main index, TASI, trading above the 12,000 level for the first time in over 15 years. At the latest session’s closing bell, TASI extended 4-day gains, up 1 percent to 12,079 points, and Nomu, the parallel market, edged up to 26,263 points. Tadawul’s
RIYADH: Saudi Arabia’s stock exchange wrapped up a positive session on Wednesday with its main index hitting its highest in over a decade, as investor sentiment was lifted despite COVID-19 peak. The Kingdom recorded the highest number of daily cases since the start of the pandemic, standing at 5,362. TASI rose 1 percent to settle at 11,957 points – the nearest to the record
RIYADH: Saudi Arabia’s stock exchange finished higher for the third straight session on Tuesday as investor sentiment boosted amid a wave of record highs for the Kingdom’s stocks. Both the main and parallel indexes advanced. At closing bell, TASI rose 1.5 percent to 11,844 points, and the parallel Nomu market was up 1.2 percent to 26,144 points. TASI led the GCC, followed by
RIYADH: The Saudi stock exchange was up for the second consecutive day in the previous session, despite nearing 5000 COVID-19 cases in 24 hours. The Kingdom saw two deaths from COVID-19 and 4,778 new infections on Monday, statistics by the Saudi Health Ministry revealed. TASI recorded gains amounting to 0.9 percent to close at 11,665 points, its highest value since November.
The Saudi stock exchange extended its gains at closing bell, even as the Saudi Health Ministry confirmed 3,045 new COVID-19 cases on Wednesday. The TASI index went up by 0.85 percent to 11,453 points, induced by gains in some of its major players. Aramco, Saudi National Bank, and Saudi Electricity Co. rose by 0.42 percent, 2.7 percent, and 1.6 percent, respectively. Nomu, the