RIYADH: Saudi Arabia’s benchmark index ended Monday higher after a wave of earnings reports boosted investor sentiment. The Tadawul All Share Index added 0.66 percent reaching 12,297, while the parallel market, Nomu, climbed 1.36 percent at 22,072. The Saudi British Bank climbed 1.44 percent, while the Kingdom’s oil giant Saudi Aramco added 0.13 percent. The Saudi National
RIYADH: Saudi stocks further dipped during Monday's trading session, mirroring a global trend amid fears that rising inflation will cause an economic slowdown. The main index, TASI, dropped 2.18 percent to 12,053, while the parallel market, Nomu, shed 1.27 percent to 21,461. Dubai lost as much as 2.7 percent to lead the fall in the Gulf, followed by Saudi Arabia. Stock
RIYADH: The Saudi main index rose for the second consecutive day on Thursday following another rise in oil prices. After falling for three straight trading sessions, Brent crude gained $1.80 to $99.86 a barrel, while US WTI crude was up $1.60 to $96.67 a barrel earlier after the International Energy Agency warned that markets could lose three million barrels a day of Russian
RIYADH: The Saudi stock market closed lower on Thursday, dragged down by the energy market. The main index, TASI, closed at 0.41 percent down at 12,142 points, while the parallel market, Nomu, climbed 0.11 percent to 25,215 points. The largest player in the Saudi oil market, Aramco, recorded 0.41 percent higher, while Petro Rabigh recorded a 0.17 percent decline. Saudi Cable