RIYADH: Saudi Arabia’s benchmark index fell 105.12 points or 1.04 percent on Monday, to close at 10,033.19, trailing the major global indices that plunged in anticipation of the US consumer index report to be released on Tuesday. The apprehension emerges from the US wholesale inflation figures that have been rising for the last two months, and Federal Reserve could hike
RIYADH: Saudi-listed companies are expected to see mixed earnings in the second quarter of 2022, amid rising oil prices, looming economic slowdown risks, and interest rate hikes, according to Al-Rajhi Capital. The Riyadh-based financial service firm which has analyzed the performance of all industrial sectors expects the Kingdom’s oil giant Aramco to post SR164.8 billion ($44