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Al Sagr Insurance turns profitable in 9M-23; accumulated losses hit 42% of capital

Al Sagr Insurance turns profitable in 9M-23; accumulated losses hit 42% of capital
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Saudi stocks drop despite 9 9% GDP growth in Q1: Closing bell

RIYADH: Saudi stocks fell on Tuesday, despite an above estimated 9.9 percent growth in gross domestic product in the first quarter, according to official data. The main index, TASI, was down 1.2 percent to close at 12,662 and the parallel market, Nomu, dropped nearly 1 percent to 22,329. TASI was weighed down by a 1.9 percent drop in its largest player in the banking sector,

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TASI extends its losses, down 0 64% in early trade: Opening bell

RIYADH: Saudi stock market index TASI opened 0.64 lower at 11,088 points amid coronavirus worries. The parallel market Nomu rose slightly by 0.46 percent to reach 27,175 points. Almunajem Foods Co. topped the gainers in early trade, surging more than 9 percent to SR65.5 ($14.45) on its first day trading on TASI. Al Sagr Insurance and Saudi Industrial Development Co. came next,

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Here s what you need to know before trading on Dec 20, 2021

RIYADH: Saudi bourse’s main index, TASI, ended yesterday’s session down 1.34 percent to 11,160 points, partly shrugging off last week’s gains. The parallel market Nomu surged 4.23 percent to reach 27,025 points. The fall in the Saudi bourse came in line with global and regional markets, all threatened by the omicron coronavirus variant. Apart from Saudi, the prior session’s

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Saudi bourse down in early trading: Opening bell

RIYADH: Tadawul’s TASI fell slightly in morning trading, down 0.2 percent to 10998.21 points, while the parallel market Nomu declined 0.52 percent to 24021.83 points, partly giving up budget surplus related gains. The biggest moving stocks of the day so far were Tourism Enterprise Co., Al-Baha Investment and Development Co., and CHUBB Insurance Co., up 9.89 percent, 9.05

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