RIYADH: Saudi stocks fell on Wednesday despite a recent rebound, as the Fed Reserve’s planned rate hikes and the threat of a recession continue to weigh on investor sentiment. The main index, TASI, fell 2.91 percent to close at 11,319, while the parallel market, Nomu, decreased 1.08 percent to 20,649. Arab Sea Information System Co. gained 4.76 percent to lead the gainers,
RIYADH: Saudi Arabia’s main stock market recorded its first monthly decline of 2022 in May, as investors fretted over the slowdown of the global economy. TASI ended the month 5.9 percent lower at 12,921, after adding 0.11 percent in Tuesday’s trading session. Most Gulf indexes surged on Tuesday in line with Saudi Arabia, with Abu Dhabi gaining 1.5 percent ahead of its
RIYADH: Saudi Arabia’s main stock market ended Monday with another steep decline, as concerns over the global economy and mixed earnings reports tempered investor optimism. TASI lost 0.8 percent to 12,235, while the parallel market Nomu added 0.15 percent to 22,363. Dubai’s stock market led the fall in the Gulf as it shed 2.5 percent, followed by indexes of Abu Dhabi and
CHARLOTTE – The N.C. Department of Labor recognized area employers and employees at the agency’s annual safety awards banquet held April 13, in Charlotte at the Embassy Suites.
RIYADH: With earnings season approaching for the Kingdom’s listed companies and as oil prices dipped, Saudi stocks closed Wednesday’s trading session down. TASI lost 0.48 percent to 13,038 points, reversing three days of gains, while the parallel market, Nomu, shed 0.34 percent to 24,942. In tandem with the Saudi index, most stock exchanges in the GCC slipped, including Abu