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Closing bell: Saudi main index stays flat, Nomu sheds 481 points

Closing bell: Saudi main index stays flat, Nomu sheds 481 points
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Closing bell: Saudi benchmark index continues upward movement

RIYADH: Saudi Arabia’s benchmark index edged up 55.96 points, or 0.49 percent, to close yet another session up on Wednesday. The trading turnover of the Tadawul All Share Index reached SR6.92 billion ($1.85 billion) as 115 stocks advanced while 86 retreated. The index continued to enjoy a steady week to close at 11,372.83. While Nomu, the parallel equity market, gained 52.80

TASI sheds 304 points as investors fears continues pushing the market to red

RIYADH: Saudi Arabia’s benchmark index slipped 304 points on Monday, as investors shied away from the market due to dampening business sentiments, inflationary pressures, and looming uncertainties surrounding the future of the global economy. The Tadawul All Share Index, known as TASI, was down 2.84 percent at 10,419 on Monday, while the parallel market Nomu shed 44 points or

Here s what you need to know before Tadawul trading on Wednesday

RIYADH: Saudi stocks dipped on Tuesday, as oil prices lost over $7 a barrel on inflation-driven fears over a potential global recession and fuel demand. The Kingdom’s main index TASI ended 0.6 percent lower at 12,455, while the parallel market Nomu advanced 0.4 percent to 21,595. In Dubai and Bahrain, the DFMGI and BAX indexes added 0.8 percent and 0.1 percent, respectively.

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