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TASI lower as investors fret growth fears: Opening bell

RIYADH: Saudi stocks started Wednesday in the red following rate hike plans coupled with concerns about a worldwide recession. The main index, TASI, shed 0.26 percent at 11,628, while the parallel market, Nomu, fell 0.35 percent at 20,802, as of 10:07 a.m. Saudi time ACWA Power Co. gained 5.23 percent to lead the gainers, followed by AlJazira REIT with a 1.10 percent gain, and

TASI almost flat with investors monitoring oil prices: Opening bell

RIYADH: Saudi Arabia's stock market started almost flat on Tuesday as investors watched the Kingdom raise its crude prices due to tight supply and expectations of strong demand this summer. The main index, TASI, started 0.09 percent higher at 12,833, while the parallel market, Nomu, started 0.56 percent lower at 22,424, as of 10:07 a.m. Saudi time Saudi Arabian Amiantit Co.

TASI up, Nomu down; SIECO, Aseer Trading among gainers: Closing bell

RIYADH: At the closing bell for the start of the week on Sunday, the main Saudi index, TASI, was 0.60 percent higher, at 13,682, while the parallel market, Nomu, slid 9.2 percent to reach 24,193. Saudi Industrial Export Co, also known as SIECO, gained 7.62 percent to lead the gainers, followed by Aseer Trading, Tourism and Manufacturing Co., which finished the session up 7.41

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Saudi Arabian Amiantit Co narrowed losses by 56% in 2021

RIYADH: Water equipment and engineering services firm Saudi Arabian Amiantit Co. narrowed its losses by 56 percent to SR171 million ($25.6 million) in 2021. A decrease in zakat provision, and the sale of stakes in subsidiaries in Morocco and Egypt contributed to the results, according to a bourse filing. As of the closing bell on Thurs. March 31, Amiantit shares edged 0.87

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