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Closing Bell: TASI edges down to close at 12,509 points

Closing Bell: TASI edges down to close at 12,509 points
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GCC stocks finished November lowest in a year as TASI continues to be under 11K level

RIYADH: The equity markets in the Gulf Cooperation Council region were dragged to the lowest in one year in November 2022, as Saudi Arabia’s main index slipped 6.6 percent below the 11,000 mark, according to a report by Kamco Invest. TASI slipped below 11,000 on Nov. 21 and has been hovering under that mark since then. In November, Arabian Drilling Co. topped the TASI chart

Here s what you need to know before Tadawul trading on Thursday

RIYADH: Saudi Arabia’s stock market rebounded on Wednesday, tracking a recovery in oil prices as they surpassed $100 a barrel. TASI edged 0.2 percent higher to 12,443, while the parallel Nomu market added 0.3 percent to end at 21,633. Likewise, the stock exchanges of Qatar and Dubai advanced by 0.4 and 0.9 percent, respectively. Abu Dhabi, Oman, and Kuwait finished lower,

TASI rebounds after hitting lowest level since late-December: Opening bell

RIYADH: Saudi main index bounced back from last week's losses as it hit its lowest level since late December to close Thursday at 11,163. TASI started Sunday at 1.3 percent higher reaching 11,307, while Nomu opened flat at 20,577, as of 10:07 a.m. Saudi time. Arab Sea Information System Co. gained 4.03 percent, leading the market gainers; Fitaihi Holding Group fell 1.73

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