RIYADH: Saudi stocks rebounded on Monday in line with oil prices. TASI soared 1.46 percent to 12,204, and the parallel Nomu market gained 1.23 percent to 25,105. With TASI leading the gains, Gulf Cooperation Council stock exchanges saw a mixed performance on Monday. Indexes of Abu Dhabi, Qatar, and Kuwait advanced 1.2, 0.4, and 0.6 percent, respectively. Elsewhere, Dubai’s
RIYADH: Saudi stocks fell sharply on Sunday amid cautious investor sentiment, even as oil prices climbed to record highs. The main index TASI led the losses in the GCC as it dropped 1.95 percent to 12,029, and Saudi parallel market Nomu lost 1.65 percent to reach 24,801. The Qatari index QSI dropped by 1.3 percent, followed by indexes of Oman and Kuwait, down 0.1 and 0.6
RIYADH: Saudi Arabian stocks capped last week with gains, following a mixed performance throughout the week as cautious earnings optimism took over. TASI index surged 0.52 percent to end at 12,268 on Thursday. This came after it posted two straight days of losses and increased 0.73 percent on the week. The parallel market, Nomu, slipped by 0.45 percent to 25,217 points.
RIYADH: Saudi stocks extended losses in the previous trading session, as investors saw another busy week of earnings and the oil market, which is a key indicator for the oil-rich nation’s stocks, slipped. At the closing bell, TASI was down 0.17 percent to 12,205 points, and the parallel market Nomu edged down by 0.13 percent to 25,332 points. Most bourses saw gains on