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TASI rises as earning season continues: Closing bell

RIYADH: Saudi Arabia’s benchmark index rose in the last hours of Wednesday, as the market was boosted slightly by new positive earnings reports. TASI edged up 0.81 percent to finish at 12,646, while Nomu, the parallel market, declined 2.28 percent to end at 21,533. This was led by a 9.94 percent leap in Fawaz Abdulaziz Alhokair following a 26 percent profit surge to SR58

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

RIYADH: Saudi stocks settled flat on Tuesday, as news over potential global inflation spurred investor worries, while the market continued to see positive earnings reports. The main index, TASI, ended the session flat at 12,545, while the parallel market Nomu edged 0.34 percent lower to finish at 22,034. Stock market gains across the whole region were subdued, amid volatile

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