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Saudi Stocks Trail Emerging Peers for First Time Since Pandemic

Saudi Stocks Trail Emerging Peers for First Time Since Pandemic
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Saudi Stocks Erase 2023 Gains as Mideast Tensions Fuel Selloff

Saudi Stocks Erase 2023 Gains as Mideast Tensions Fuel Selloff
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Closing Bell: TASI tiptoes along to global market cues, closes up 27 points

RIYADH: Saudi Arabia’s stock market eked out a muffled gain of 26.98 points to close at 10,248 on Wednesday, exercising caution ahead of the US Federal Reserve’s interest rate decision. The Tadawul All Share Index touched a high of 10,386 at 10:27 a.m. Saudi time, spurred by the brief optimism around US inflation data reporting a less-than-expected increase over the last

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Closing Bell: TASI stages a sprightly comeback, rises 1 87% to close at 10,221 points

RIYADH: Saudi Arabia’s benchmark index posted a marked revival on Tuesday as the global indices mustered courage before the US inflation data results expected this week. The outcome could convince the US Federal Reserve to proceed with aggressive interest rate hikes. Tadawul All Share Index closed 187.95 points or 1.87 percent – higher to end at 10,221.14 points. The

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Kuwait s Kamco Invest s net profit swells 133% to $11 7m in Q1

RIYADH: Kuwait-based Kamco Investment Co. posted a profit surge of 132.7 percent in the first quarter of 2022, driven by revenue growth. The net profit soared to 3.6 million Kuwaiti Dinar ($11.7 million) in the first quarter, from 1.5 million Kuwaiti Dinar in the same period last year, the company reported. The increase was attributed to the surge in revenue for the same

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