RIYADH: Saudi main stock index maintained its winning streak Mar. 2 in line with a rally in oil prices ahead of OPEC+ meeting as the Organization of the Petroleum Exporting Countries members and its allies are expected to convene to discuss oil output. Brent crude neared $110 during Tuesday overnight Trading, after settling at $105 a day earlier. US benchmark WTI climbed to
RIYADH: Saudi Arabia’s stock market extended gains for a third straight day on Wednesday, as strong earnings results and rising oil prices continued to drive investor sentiment. TASI closed 1.17 percent higher at a 16-year high of 12,495, with PIF-owned digital security firm Elm leading top gainers on trading debut, soaring 30 percent. Nomu, the parallel market, advanced 0.53
RIYADH: Saudi Arabia's main share index rose for a fourth straight day as listed companies continued to disclose strong earnings results. As of Thursday, 10:10 a.m. Saudi time, TASI index was up 0.08 percent to 12,507, while the parallel market, Nomu, gained 0.01 percent to 25,291. Elm Co. led the gainers in early trading, up 15 percent, while Tihama Advertising and Public
RIYADH: Saudi stocks rebounded on Monday in line with oil prices. TASI soared 1.46 percent to 12,204, and the parallel Nomu market gained 1.23 percent to 25,105. With TASI leading the gains, Gulf Cooperation Council stock exchanges saw a mixed performance on Monday. Indexes of Abu Dhabi, Qatar, and Kuwait advanced 1.2, 0.4, and 0.6 percent, respectively. Elsewhere, Dubai’s
RIYADH: Saudi Arabia’s main index, TASI, opened higher for the second day this week as oil prices continued to rise. As of Tuesday, 10:33 a.m. Saudi time,TASI index traded 0.03 percent higher at 12,208 points, while Nomu, the parallel market, fell 0.02 percent to reach 25,101 points. In the energy market, US WTI crude prices hit $94.76 per barrel, while Brent crude prices sold