RIYADH: Saudi Arabia’s main index declined today, dragged down by mixed earnings announcements and a decline at Aramco’s shares, the largest market player, despite strong quarterly performance. The Tadawul All Share Index slipped 1.18 percent, to end at 11,530, while the parallel market, Nomu, gained 0.49 percent to finish at 19,600. Saudi oil giant Aramco ended Tuesday's
RIYADH: Saudi Arabia’s main index finished higher again on the back of stronger earnings results and a spike in oil prices. The Tadawul All Share Index rose 0.57 percent to end at 12,075, while the parallel market Nomu shed 1.12 percent to finish at 19,780. Saudi oil giant Aramco ended the session flat, while Rabigh Refining and Petrochemical Co. decreased 2.05 percent. Saudi
RIYADH: Saudi stocks closed slightly lower on Sunday, tracking oil’s Friday drop. TASI slipped 0.13 percent to 12,514, with shares of oil giant Aramco down 0.9 percent after reporting a record second-quarter profit of SR182 billion ($48.4 billion). Aramco’s profit soared 80 percent in the second quarter of 2022 from SR95.5 billion a year earlier, beating the median of
RIYADH: Saudi stock started Monday’s session flat with the market uncertain over oil price fluctuations. As of 10:07 a.m. Saudi time, TASI and the parallel market Nomu opened at 12,227 and 21,780, respectively. Middle East Paper Co. topped the gainers with a 5.51 percent gain, following a 216 percent increase in first-half profits. Wafrah for Industry and Development Co.
RIYADH: Saudi stocks started the week lower on Sunday, after worries over recession pushed oil prices to their lowest levels since February. TASI closed 0.6 percent down at 12,216 points, while the parallel Nomu market lost 0.3 percent to 21,776 points. The Kingdom posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, the Ministry of Finance