RIYADH: Saudi stocks gained some ground on Wednesday amid easing inflation worries while investors kept an eye on oil prices. The main index, TASI, gained 0.48 percent to reach 11,727, while the parallel market, Nomu, added 1.81 percent to 20,728. This was led by a 0.90 percent increase in the Saudi oil giant Aramco and a 2.86 percent leap in one of the Kingdom’s biggest
RIYADH: Saudi stocks regained some momentum on Tuesday, mirroring a rise in oil prices after China eased lockdown restrictions. TASI surged 2.1 percent to 11,671, buoyed by a 3.3 percent rise in oil giant Aramco and a 3.4 percent leap in the Kingdom’s biggest lender Saudi National Bank. The parallel market, known as NOMU, also recorded a 0.6 percent gain to end the day at
RIYADH: Saudi stocks opened Wednesday's session in red as investors awaited possible stabilization of oil prices. The main index, TASI, fell 0.19 percent to 11,648, while the parallel market, Nomu, added 1.02 percent to 20,565 as of 10:09 a.m. Saudi time. Abdullah Saad Mohammed Abo Moati for Bookstores Co. led the gainers with 3.93 percent gain, after it posted SR15 million