RIYADH: Saudi Arabia's stock market gained on Sunday as the non-oil private sector continued to grow in May in spite of rising output costs. The main index, TASI, closed 0.40 percent higher at 12,656 , while the parallel market, Nomu, closed 1.30 percent lower at 22,547. Qatar's stock exchanges gained in line with Saudi Arabia, as the QSI index gained 0.1 percent, while
RIYADH: Saudi Arabia’s stock market fell to close the previous week lower as investor sentiment was dragged down by concerns over an economic slowdown and recession. TASI lost 1.3 percent on Thursday to end at 12,605 points, while the parallel market, Nomu, was down 0.2 percent to 22,844. Stock exchanges in the Gulf all declined in line with Saudi Arabia, while Oman bucked the
RIYADH: Saudi Arabia’s stock market advanced for a second straight day on Monday in line with soaring oil prices. TASI gained 1.72 percent to close at 12,907 while the parallel market Nomu added 1.8 percent to 22,808. Most stock exchanges in the Gulf Cooperation Council advanced, with Abu Dhabi and Dubai rising 2.3 and 1.5 percent, respectively. Qatar, Bahrain, Kuwait, and
RIYADH: Saudi stocks rebounded on Sunday as a rise in oil prices boosted investor sentiment in the oil-rich nation. TASI exited the day with a 1.3 percent gain at 12,689, while the parallel market Nomu advanced 0.58 percent at 22,402. Elsewhere in the Middle East, stock exchanges of Qatar, Oman, and Bahrain added between 0.3 and 0.6 percent and Kuwait’s BKP index surged 1.9
RIYADH: Saudi Arabia’s main index partially reversed gains to close lower in the previous trading session as concerns over an economic slowdown rattled investors. At Thursday’s closing bell, TASI fell 0.5 percent to 12,530, while the parallel market Nomu added 1.14 percent to 22,272. Stock exchanges of Qatar, Egypt, and Oman edged lower, while those of Bahrain and Kuwait