RIYADH: Saudi stocks open lower in the last trading session of the week on mixed earnings reports, which result in mixed investor sentiment. The main index, TASI, fell 2.52 percent to reach 12,393, while the parallel market, Nomu, lost 1.51 percent at 22,487, as of 10:08 a.m. Saudi time. United Wire Factories Co. dropped 2.35 percent, after announcing that it had extended its
RIYADH: Saudi stocks closed lower in the last trading session of the week as mixed earnings reports and changing crude prices affected investor outlook. In the energy market, Brent crude prices declined, settling at $107.45 a barrel, while US WTI crude traded at $107.00 a barrel, as of 3:28 a.m. Saudi time. The main index, TASI, fell 2.24 percent to reach 12,427, while the