RIYADH: Saudi Arabia’s main index extended gains for the third consecutive day as oil prices climbed and listed companies disclosed earnings results. As of Wednesday, 10:13 a.m. Saudi time, TASI’s index gained 0.10 percent to reach 12,363, while Nomu, the parallel market, tumbled 0.05 percent to reach 25,140 points. In the energy market, US WTI crude was valued at $92.45 per
RIYADH: As stocks continued to rise, Saudi Arabia's main index, TASI, finished higher for the third straight session. As of Wednesday, 3:30 p.m. Saudi time, TASI closed 1.17 percent higher at 12,495 points, while Nomu, the parallel market, gained 0.53 percent to 25,287 points. Digital security firm Elm Co. was the top gainer, soaring 30 percent on its market debut. East Pipes
RIYADH: As concerns over the spread of Omicron mounted and investor uncertainty aroused, most of the Gulf Cooperation Council’s stock exchanges ended lower on Monday, including Saudi Arabia. Saudi bourse’s main TASI index edged down slightly to 11,161 points, while the parallel market, Nomu, declined around 1 percent to 26,237 points. The Qatari index, QSI, and Oman’s index,