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RIYADH: Saudi main index bounced back from last week's losses as it hit its lowest level since late December to close Thursday at 11,163. TASI started Sunday at 1.3 percent higher reaching 11,307, while Nomu opened flat at 20,577, as of 10:07 a.m. Saudi time. Arab Sea Information System Co. gained 4.03 percent, leading the market gainers; Fitaihi Holding Group fell 1.73
RIYADH: Saudi stocks fell on Wednesday despite a recent rebound, as the Fed Reserve’s planned rate hikes and the threat of a recession continue to weigh on investor sentiment. The main index, TASI, fell 2.91 percent to close at 11,319, while the parallel market, Nomu, decreased 1.08 percent to 20,649. Arab Sea Information System Co. gained 4.76 percent to lead the gainers,
RIYADH: Saudi Arabia's stock market rebounded on Tuesday following a steep decline in the previous session due to investor concern over the slowing economy. The main index, TASI, added 0.34 percent at 12,093, while the parallel market, Nomu, lost 0.38 percent at 21,379 and, as of 10:08 a.m. Saudi Arabia. SEDCO Capital REIT Fund led the gainer's list with 3.83 percent rise,
RIYADH: Saudi stocks dipped in Monday's trading session as investors fretted about a possible global economic slowdown. The main index, TASI, lost 2.18 percent to 12,053, while the parallel market, Nomu, edged down 1.27 percent to 21,461. Arab Sea Information System Co. led the fallers list with a 9.96 percent drop, followed by Saudi Advanced Industries Co. with a 9.76 percent