RIYADH: Saudi stocks recouped last week’s losses to close higher for a second straight day on Monday, buoyed by a rise in crude oil prices. The main TASI index added 2.3 percent to 11,555, while the parallel market Nomu edged up by 0.5 percent to 20,711. With Saudi Arabia leading the gains in the region, stock exchanges of Dubai, Abu Dhabi, Qatar, and Oman all advanced on
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RIYADH: Saudi stocks dropped on Tuesday, extending losses for another session as investors assessed the impact of a potential economic slowdown. TASI, as the main index is known, fell 0.27 percent ending the day at 12,020, while the parallel market, Nomu, added 0.21 percent to 21,505. Bahrain and Kuwait lost 0.5 percent each, and Oman’s index was almost flat. Elsewhere in the
RIYADH: Saudi Arabia’s main stock index fell in the first trading session of June, weighed down by spillover from global peers. TASI closed the day 1.2 percent lower at 12,766, while the parallel market, Nomu, added 0.48 percent to 22,879. Stock exchanges in the Gulf all declined in line with Saudi Arabia, while Dubai bucked the trend with a 1.8 percent gain. Abu Dhabi led the
RIYADH: Saudi stocks rebounded on Sunday as a rise in oil prices boosted investor sentiment in the oil-rich nation. TASI exited the day with a 1.3 percent gain at 12,689, while the parallel market Nomu advanced 0.58 percent at 22,402. Elsewhere in the Middle East, stock exchanges of Qatar, Oman, and Bahrain added between 0.3 and 0.6 percent and Kuwait’s BKP index surged 1.9