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Saudi stocks maintain gains as recession concerns ease: Closing bell

RIYADH: Saudi Arabia’s main index continued to rise during Tuesday’s trade in line with higher oil prices and decreasing recession worries, which improved investors’ risk appetite. The Tadawul All Share Index ended the session 0.52 percent higher at 12,084, while the parallel market Nomu finished with a 0.47 percent rise at 20,997. The Kingdom’s largest valued bank Al Rajhi

TASI extends losses as oil prices swing: Opening bell

RIYADH: The Saudi stock market started the first trading session of the week in negative territory following the shift in oil prices last week, which has caused investors to become concerned. The Tadawul All Share Index opened 0.35 percent lower on Sunday at 12,100, while the parallel Nomu added 0.54 percent at 21,441, as of 10:08 a.m. Saudi time. Saudi oil giant Aramco

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

RIYADH: Saudi stocks dropped in August's final trading session, as investors feared further interest-rate rises by the US Federal Reserve. TASI closed Wednesday’s session 1.4 percent lower at 12,283, dragged down by a 2 percent decline in Aramco, while the parallel Nomu market edged up to 21,637. Given their currency is pegged to the dollar, most Gulf countries remain wary of

TASI starts September lower tracking ongoing declines in oil prices: Opening bell

RIYADH: The Saudi stock market opened September’s first trading session lower as oil prices continued to plunge. TASI began with a 0.23 percent decline at 12,254, while the parallel Nomu fell 0.35 percent to 21,562, as of 10:07 a.m. Saudi time. In energy trading, Brent crude declined to $96.49 a barrel, while US West Texas Intermediate reached $88.70 a barrel, as of 10:05 a.m.

TASI ends in red as oil prices fall, recession fears grow: Closing bell

RIYADH: The Saudi stock market ended September’s first trading session in the red due to weaker oil prices and recession concerns. TASI ended Thursday with a 1.15 percent decline at 12,142, while the parallel Nomu fell 1.44 percent to 21,326. In energy trading, Brent crude declined to $94.20 a barrel, while US West Texas Intermediate reached $88.37 a barrel, as of 3:19 p.m.

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