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TASI recovers after seven straight session losses, closes 101 points higher

RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday made a massive comeback by gaining 101.52 points or 1 percent to close at 10,051.78, breaking the streak of losses that lasted seven sessions. While MSCI Tadawul 30 Index increased 0.66 percent to 1,371.82, the parallel market Nomu rose 0.79 percent to 18,967.99. TASI’s total trading turnover of the benchmark index

Closing Bell: TASI closes flat at 10,536 points as investors exercise caution

RIYADH: Saudi Arabia’s Tadawul All Share Index extended last week’s cautious stance as it closed flat or 0.05 points up to 10,536.91 on Sunday with no marked change in the global economic situation. Even as Friday’s US job reports registered a slight decline in growth in December, fueling speculations of a likely turnaround in the US Federal Reserve’s hawkish stance, the

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