RIYADH: The Saudi stock market opened flat in early trade on Tuesday morning as traders remained cautious. Both the main index, TASI, and the parallel market, Nomu, were flat at 12,247 and 22,363, respectively, as of 10:09 a.m. Saudi Arabia. The shares of Amana Cooperative Insurance Co. gained 7.08 percent, leading the gainers in the market. Al Moammar Information Systems Co.
RIYADH: Saudi Arabia’s main stock market ended Monday with another steep decline, as concerns over the global economy and mixed earnings reports tempered investor optimism. TASI lost 0.8 percent to 12,235, while the parallel market Nomu added 0.15 percent to 22,363. Dubai’s stock market led the fall in the Gulf as it shed 2.5 percent, followed by indexes of Abu Dhabi and
RIYADH: Saudi Arabia’s main stock market, Tadawul, gained on Sunday as it reopened after the Eid break amid a rise in oil prices. TASI, the main index, added 0.6 percent to 13,820 points, while the parallel market Nomu dropped 1.5 percent to 23,547 points. Elsewhere in the Gulf, stock exchanges of Qatar, Bahrain, Oman, and Kuwait all edged down. Egypt, on the other hand,
RIYADH: Despite a sharp fall in oil prices, Saudi stocks opened higher on Tuesday, as Fitch’s revised ratings of major listed companies and earnings continue to kick in. TASI the main index added 0.6 percent to 13,624, and the parallel market Nomu was up 0.8 percent to 23,499 as of 10:13 a.m. Saudi time. The heaviest weights on TASI, oil giant Aramco and chemical firm SABIC
RIYADH: A plunge in oil prices weighed on major Gulf markets on Monday, but Saudi Arabian stocks bucked the trend to close higher. Even as TASI the main index advanced by 0.6 percent to reach 13,543 points, the Kingdom’s parallel market, known as Nomu, shed 1.3 percent to 23,521 points. Stock exchanges of Qatar, Abu Dhabi, and Dubai dropped 1.6, 0.9, and 0.8 percent,