RIYADH: Saudi Arabia’s benchmark index gained ground on Wednesday, with 148 of the 219 listed companies closing higher as investors came in droves to kick-start a bull run. The Tadawul All Share Index added 142 points to close at 10,896.91, while the parallel market Nomu soared 473 points to finish at 18,866. The total trading turnover closed at SR8 billion ($2.13 billion), an
RIYADH: Saudi stocks opened on a positive note once again as more earnings were released early Wednesday, easing investors’ concerns. The Saudi main stock index, TASI, rose 50 percent to reach 12,753, while the parallel market, Nomu, started almost unchanged at 22,679, as of 10:07 a.m. Saudi time. Dar Al Arkan Real Estate Development Co. grew 3.47 percent to lead the gainers,
RIYADH: Saudi stocks recorded gains on Wednesday, with oil prices back on the rise and most global markets ending in the green despite ongoing geopolitical woes. TASI, the main index, extended gains by 0.5 percent to 12,944 points, and the parallel market, Nomu, rose 0.2 percent to 24,478. All fellow GCC bourses were up, but the Omani index bucked the trend as it dropped 0.9
RIYADH: Saudi main stock index maintained its winning streak Mar. 2 in line with a rally in oil prices ahead of OPEC+ meeting as the Organization of the Petroleum Exporting Countries members and its allies are expected to convene to discuss oil output. Brent crude neared $110 during Tuesday overnight Trading, after settling at $105 a day earlier. US benchmark WTI climbed to