RIYADH: Saudi Arabia’s main stock index, TASI, logged a monthly gain of 5.9 percent in July following two straight months of losses, bolstered by rising oil prices. TASI rose 0.4 percent in the previous session to exit the month at 12,199, and the parallel Nomu market added 2 percent to 21,391. This came in line with gains in fellow Middle Eastern bourses on Sunday, led by
RIYADH: Saudi Arabia’s main index opened in positive territory in the first trading session of August after rebounding in July to finish the month up 5.9 percent, spurred by higher crude oil prices. The main index, TASI, started Monday 0.25 percent higher at 12,229, while the parallel market, Nomu, started 0.61 percent down at 21,260, as of 10:06 a.m. Saudi time. Brent crude
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RIYADH: Saudi Arabia’s stock market ended the previous trading week slightly lower on Thursday, weighed down by spillover from global peers. The main TASI index nudged 0.1 percent higher at 12,603, while the parallel market Nomu added 0.2 percent to 22,240. Bahrain’s BAX ended flat, while stock exchanges in the UAE and Kuwait edged down. Qatar added 1 percent to top the
RIYADH: Saudi stocks opened higher in the first trading session of the week following positive earnings reports. The main index, TASI, added 0.70 percent to reach 12,515, while the parallel market, Nomu, rose 0.76 percent at 22,678, as of 10:09 a.m. Saudi time. Saudi Industrial Export Co. gained 4.83 percent to lead the gainers, while Malath Cooperative Insurance Co. fell 4.17