RIYADH: Saudi Arabian stocks capped last week with gains, following a mixed performance throughout the week as cautious earnings optimism took over. TASI index surged 0.52 percent to end at 12,268 on Thursday. This came after it posted two straight days of losses and increased 0.73 percent on the week. The parallel market, Nomu, slipped by 0.45 percent to 25,217 points.
RIYADH: Here’s a wrap of market movements as of 10:30 a.m. Riyadh time: Saudi Ceramic Co. reported a net profit after Zakat and tax of SR186.7 million for the nine-month period ending on 30-9-2021. Yanbu National Petrochemical Co.’s net profit rose three-fold to SR1.19 billion for the first nine months of 2021. SADAFCO board recommends 2.75 million share buyback. Wafrah signs