RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, as reigning oil prices raised investor confidence. On Monday, the benchmark index gained 71.63 points or 0.64 percent to close at 11,293.59. The total trading turnover of the benchmark index was SR6.38 billion ($1.70 billion) as 125 listed stocks advanced, while 75
RIYADH: Saudi Arabia’s Tadawul All Share Index shed 12.63 points or 0.11 percent on Monday to close at 11,329.19, following the flat line it spurred on Sunday. While the parallel market Nomu lost 183.81 points to 20,604, the MSCI Tadawul Index dropped slightly by 0.36 percent to 1,521.05. The total trading turnover of the benchmark index was SR6.78 billion ($1.81 billion).
RIYADH: Saudi Arabian Oil Co. briefly displaced tech giant Microsoft to become the world’s second-largest company by value at SR7.92 trillion ($2.11 trillion) as the company’s stock prices hit SR36.15 on Wednesday. By the close of trading, the share price had dropped to SR36 the same value as at the market opening. By 1:45 p.m. GMT, the US firm had climbed back into second
RIYADH: Driven by rising investor confidence, Saudi Arabia’s Tadawul All Share Index ended the first session of the week on a positive note, as it went up 59.63 points or 0.55 percent to 10,965.78. On Sunday, parallel market Nomu edged up by 50.12 points or 0.25 percent to 20,063.99, while the MSCI Tadawul 30 Index too climbed by 0.45 percent to close at 1489.21. The total
RIYADH: Saudi Arabia’s main index gained ground in the first session of the week following a rise in oil prices on Friday. TASI gained 1.01 percent to reach 11,953, while the parallel market Nomu started 0.26 percent higher at 20,490, as of 10:07 a.m. Saudi time. Saudi oil giant Aramco climbed 1.23 percent, while Rabigh Refining and Petrochemical Co. increased 0.76 percent. Al