RIYADH: Saudi Arabia’s stock exchange fell for a second consecutive day on Monday as cautious trading took over, and investors braced for more earnings announcements. The main index TASI closed 0.6 percent lower at 12,068 points, partially shrugging off gains from the past two weeks. The parallel Nomu market slipped 0.5 percent to 25,573 points. This was in line with other GCC
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: Last week, Saudi Arabia’s main stock index TASI wrapped up ten straight days of gains amid heightened investor sentiment. Earnings season is starting to get into full swing for the Kingdom’s listed companies. In the latest session, TASI gained 0.3 percent to reach 12,291 points, while the parallel market Nomu slipped 0.3 percent to close at 26,071 points. Other GCC
RIYADH: Saudi Arabia’s stock market concluded six straight sessions in positive territory as optimistic market sentiment overshadowed growing omicron worries. In the latest session, the main index TASI edged up to 12,110 points after reaching over 12,200 early in the morning, and the parallel Nomu market closed marginally higher at 26,288 points. The Gulf was led by the Qatari
RIYADH: Last week, Saudi Arabia’s stock market wrapped up a positive trading week amid heightened investor sentiment, with the main index, TASI, trading above the 12,000 level for the first time in over 15 years. At the latest session’s closing bell, TASI extended 4-day gains, up 1 percent to 12,079 points, and Nomu, the parallel market, edged up to 26,263 points. Tadawul’s