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TASI closes on a positive note, gains 144 points

RIYADH: Saudi Arabia’s benchmark index gained ground on Wednesday, with 148 of the 219 listed companies closing higher as investors came in droves to kick-start a bull run. The Tadawul All Share Index added 142 points to close at 10,896.91, while the parallel market Nomu soared 473 points to finish at 18,866. The total trading turnover closed at SR8 billion ($2.13 billion), an

Here s what you need to know before opening bell on Wednesday

RIYADH: Saudi Arabia’s main index TASI ended the previous trading session higher as investors braced for more earnings announcements and sentiment heightened. TASI added 0.2 percent to reach 12,293 points, and the parallel market ended flat at 25,558 points. In line with the Saudi index, Abu Dhabi’s FTSE ADX general index, the Qatar index QSI, Kuwait’s BKP and Bahrain’s BAX

Saudi main index opens higher amid stronger market sentiment: Opening bell

RIYADH: The main Saudi stock exchange started the day in positive territory for the fourth consecutive day as investors were buoyed by rising stock prices. As of 10:22 a.m. Saudi time, TASI, the main index, edged up by 0.1 percent to 11,859 points, while the parallel market Nomu opened 0.5 percent lower at 26,022. Saudi Research and Media Group, or SRMG, led the gainers, up

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