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Closing bell: Saudi stocks rebound on rising investors morale

RIYADH: After ending last week’s trading session in the red, the Tadawul All Share Index edged up 0.32 percent to close at 11,307.77 on Sunday. The parallel market Nomu also ended the day 9.83 points higher at 21,331.91 and the MSCI Tadawul Index climbed up by 0.36 percent to 1,524.68. The total trading turnover at the benchmark index amounted to SR5.2 billion ($1.39 billion).

Assets of private portfolios jump to $49 8bln in H1 in Saudi

Assets of private portfolios in KSA jump to $49 8 billion during first half of 2021

RIYADH: Saudi Arabia’s Capital Market Authority on Saturday said the total assets of private portfolios increased to SR187 billion ($49.8 billion) by the end of the first half of 2021. It said the value of the local stock assets constituted the largest share at about 50.3 percent. According to the authority, total assets increased by 38.3 percent at the end of the second

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