RIYADH: The Saudi stock exchange extended gains on Wednesday as investors reacted to a strong rebound in the energy market, where Brent crude oil crossed $89 per barrel. TASI, the main index, registered gains standing at 0.6 percent, reaching 12,183 points, and the parallel market Nomu inched up by 0.5 percent to close at 25,688 points. Elsewhere in the Middle East, bourses of
RIYADH: Saudi Arabia’s main stock index TASI ended Tuesday’s session in positive territory as gains in the energy, financial, and insurance sectors pushed the index higher. TASI recorded gains at 0.3 percent, reaching 12,109 points, and the parallel Nomu market closed flat at 25,551 points. Most major GCC indexes also recorded gains on Tuesday. Dubai’s DFMGI, Abu Dhabi’s FTSE
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