RIYADH: Saudi Arabia’s main stock index fell in the first trading session of June, weighed down by spillover from global peers. TASI closed the day 1.2 percent lower at 12,766, while the parallel market, Nomu, added 0.48 percent to 22,879. Stock exchanges in the Gulf all declined in line with Saudi Arabia, while Dubai bucked the trend with a 1.8 percent gain. Abu Dhabi led the
RIYADH: Saudi Arabia’s main stock market recorded its first monthly decline of 2022 in May, as investors fretted over the slowdown of the global economy. TASI ended the month 5.9 percent lower at 12,921, after adding 0.11 percent in Tuesday’s trading session. Most Gulf indexes surged on Tuesday in line with Saudi Arabia, with Abu Dhabi gaining 1.5 percent ahead of its
RIYADH: Saudi Arabia’s stock market advanced for a second straight day on Monday in line with soaring oil prices. TASI gained 1.72 percent to close at 12,907 while the parallel market Nomu added 1.8 percent to 22,808. Most stock exchanges in the Gulf Cooperation Council advanced, with Abu Dhabi and Dubai rising 2.3 and 1.5 percent, respectively. Qatar, Bahrain, Kuwait, and
RIYADH: Saudi stocks rebounded on Sunday as a rise in oil prices boosted investor sentiment in the oil-rich nation. TASI exited the day with a 1.3 percent gain at 12,689, while the parallel market Nomu advanced 0.58 percent at 22,402. Elsewhere in the Middle East, stock exchanges of Qatar, Oman, and Bahrain added between 0.3 and 0.6 percent and Kuwait’s BKP index surged 1.9
RIYADH: Saudi Arabia’s main index partially reversed gains to close lower in the previous trading session as concerns over an economic slowdown rattled investors. At Thursday’s closing bell, TASI fell 0.5 percent to 12,530, while the parallel market Nomu added 1.14 percent to 22,272. Stock exchanges of Qatar, Egypt, and Oman edged lower, while those of Bahrain and Kuwait