RIYADH: Saudi stocks slipped on Tuesday, tracking a trend in the region as market sentiment remained negative due to continued recession fears and oil volatility. TASI finished the session 1.1 percent lower at 12,420, while the parallel Nomu fell 0.8 percent to 21,562. The Qatari index underperformed Gulf peers as it dropped 1.5 percent, while Abu Dhabi and Dubai lost 0.2 and
RIYADH: Saudi stocks started the day flat following mixed earnings for the first half, which kept markets swinging on uncertainty. TASI and Nomu started Wednesday’s trading session at 12,420 and 21,552, respectively, as of 10:07 a.m. Saudi time. Oil giant Saudi Aramco started the session with a 0.52 percent gain, while the Saudi National Bank, the country’s biggest lender,
RIYADH: Saudi stocks reversed this week's slide as crude oil prices returned to surge toward $100 a barrel. Brent crude increased to $101.06 a barrel, while US West Texas Intermediate reached $94.47 a barrel, as of 3:25 p.m. Saudi time. As of Wednesday’s closing bell, TASI added 0.19 percent to finish at 12,443, while Nomu increased 0.33 percent to end at 21,633. Oil giant
RIYADH: Saudi stocks gained in the first trading session of the week, rebounding slightly following steep declines, despite fears about upcoming rate hikes and a recession. The main index, TASI, gained 1.79 percent to close at 11,513, while the parallel market, Nomu, shed 0.85 percent to 20,681. Saudi Arabia Refineries Co. and National Gypsum Co. both surged 10 percent to lead