RIYADH: Saudi Arabia’s Tadawul All Share Index slipped 12.10 points, or 0.11 percent, to finish at 11,293.18 on Wednesday, as fluctuating oil prices affected investors’ confidence. While the parallel market Nomu edged up 96.35 points to 21,151.91, the MSCI Tadawul Index dropped slightly by 0.03 percent to 1,519.71. The total trading turnover of the benchmark index on Wednesday
GCC and Global Markets were positive in anticipation of a pause in Fed Rate Hikes albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Saudi Arabian Oil Co. briefly displaced tech giant Microsoft to become the world’s second-largest company by value at SR7.92 trillion ($2.11 trillion) as the company’s stock prices hit SR36.15 on Wednesday. By the close of trading, the share price had dropped to SR36 the same value as at the market opening. By 1:45 p.m. GMT, the US firm had climbed back into second