RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday fell 17.83 points or 0.16 percent to close at 10,792.85. MSCI Tadawul 30 Index and the parallel market Nomu fell flat to close at 1,488.36 and 19,140.41, respectively. TASI’s total trading turnover of the benchmark index on Tuesday was SR4.59 billion ($1.22 billion), with 97 stocks of the listed 224 advancing and
RIYADH: Saudi Arabia’s Tadawul All Stock Index on Thursday continued its lackluster stride for the second day in a row as it shed 61.15 points or 0.59 percent to close at 10,215.79 as investor mood remained muted. Despite the market breadth being pegged positively, with 117 stocks of the listed 221 gaining and 86 losing, and 13 out of the 22 indices closing in black, the
RIYADH: Saudi stocks fell on Sunday as weak earnings data weighed on investor sentiment and losses hit some of the Kingdom’s major stocks. TASI dropped 1.2 percent, snapping its ten-day winning streak, to close at 12,140 points, and the parallel Nomu market slipped 1.4 percent, reaching 25,707 points. In line with Saudi Arabia, most GCC bourses were down on Sunday, except for
RIYADH: Saudi Arabia’s stock market slipped in early trading, after recording ten straight days of gains, as investors sentiment was weighed down by profit drops and losses in major market players. As of 10:17 a.m. Saudi time, the main index TASI went down by 0.6 percent to reach 12,223 points, and the parallel market Nomu fell 0.8 percent to 25,856 points. Shares in Saudi
RIYADH: Saudi information technology firm Al Moammar Information Systems Co., MIS, has inked SR84.5 million ($23 million) worth of contracts with its subsidiary Edarat Communications and Information Technology Co. This followed the approval of the company’s board of directors. As per the first contract, worth SR57 million and valid for 18 months, Edarat will provide data