RIYADH: Saudi Arabia’s main index extended its Monday’s losses on Tuesday when it dropped to below 11,200 level for the first time in over a month, with falling oil prices putting a damper on the market. The Tadawul All Share Index declined 0.9 percent to end at 11,096, while the parallel market Nomu dropped 2 percent to finish at 18,622. In energy trading, Brent crude reached
RIYADH: Saudi Arabia’s benchmark index opened the week lower following fluctuations in oil prices over the past week and higher inflation, dampening investor confidence. TASI started the week 0.2 percent lower at 12,621, while the parallel Nomu started 0.19 percent higher at 21,574, as of 10:05 a.m. Saudi time. In the energy market, Brent crude reached $96.72 a barrel last
RIYADH: Saudi stocks declined in last week’s final session in line with most Gulf peers, as oil prices continued to fluctuate. The main TASI index finished 0.2 percent lower at 12,621, while the parallel Nomu market edged up 0.2 percent to 21,574. Abu Dhabi, Dubai, Bahrain, and Oman all lost between 0.1 and 1.5 percent, while Qatar and Kuwait bucked the trend to close 0.2
RIYADH: Saudi Arabia’s benchmark index ended its first trading session of the week lower as investors raised questions over fluctuations in oil prices over the past week and higher inflation. The Tadawul All Share Index ended the session 0.53 percent lower at 12,554, while the parallel market, Nomu, finished 0.44 percent higher at 21,668. In the energy market, Brent crude
RIYADH: Saudi Arabia's stock market started almost flat on Tuesday as investors watched the Kingdom raise its crude prices due to tight supply and expectations of strong demand this summer. The main index, TASI, started 0.09 percent higher at 12,833, while the parallel market, Nomu, started 0.56 percent lower at 22,424, as of 10:07 a.m. Saudi time Saudi Arabian Amiantit Co.