RIYADH: Saudi Arabia’s Tadawul All Share Index was steady on Sunday, as it lost 2.58 points or 0.02 percent, to close at 11,341.82. While the parallel market Nomu edged down 0.21 percent to 21,787.81, the MSCI Tadawul Index dropped slightly by 0.12 percent to 1,524.71. The total trading turnover of the benchmark index was SR4.75 billion ($1.27 billion). Ash-Sharqiyah
RIYADH: Saudi Arabia’s main stock market edged down on Tuesday, even as positive earnings reports continued to kick in. The main index TASI finished 0.23 percent lower at 12,310, while the parallel Nomu market added 0.2 percent to 21,547. While most Gulf stock markets ended in the red zone, Abu Dhabi and Oman bucked the trend with each gaining 1.2 percent on Tuesday. Dubai,
Here’s a wrap of market movements and key earnings as of 10:30am Riyadh time: SABIC Agri-Nutrients net profit more than doubled to SR2.47 billion ($658.6 million) in the first nine months of 2021. Banque Saudi Fransi net profit rose by 69 percent to SR2.457 billion in the first nine months of 2021. Ash-Sharqiyah Development widens net loss to SR3.5 million in the first nine
Total turnover reached SR9.8 billion ($2.61 billion), with the advance-decline ratio at 66:122. Blue-chip SABIC shed 0.4 percent to SR101.20, while banking major Al Rajhi fell 0.7 percent to SR74.50. Dallah shed over 1 percent to SR48.50 as it went ex-dividend today, Dec. 24. Naseej was the top decliner, falling 9.9 percent to SR111.60. On the other hand, oil giant Saudi Aramco rose 0.3 percent to close at SR35. Al-Jouf Agricultural rose 3.1 percent to SR37.15, as the firm’s board of directors recommended a 2.5 percent cash dividend for the second half of 2020. Ash-Sharqiyah Development was the top gainer, rising 6.9 percent to SR92.70.
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