RIYADH: After performing strongly for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index edged down for the second successive day on Thursday, as it went down 14.48 points or 0.13 percent to 10,906.15. While parallel market Nomu edged up by 214.61 points or 1.08 percent to 20,013.87, the MSCI Tadawul 30 Index dipped by 0.39 percent to close at 1482.55. The total
RIYADH: Saudi Arabia’s main index started the week’s final session higher despite new data showing Saudi Arabia’s annual inflation rate rose to a 14-month high of 3 percent in August, alarming investors. The Tadawul All Share Index started the week’s final session with a 0.45 percent gain at 11,946, while the parallel market Nomu opened with a 0.21 percent drop at 20,806, as
United Wire Factories, a Saudi industrial group, said it has reached an agreement with UAE-based A-1 Fence DMCC for major stake in its subsidiary A-1 Fence Arabia, an integrated perimeter security solutions company with offices in Oman, UAE and India.
RIYADH: Saudi Arabia’s stocks extended losses for another day on Wednesday, as oil prices continued to fall. The main TASI index fell 1 percent to 13,379 after it reached its highest level since 2006 on Monday, while the parallel market, Nomu, dropped 1.8 percent to 22,674. In line with the Saudi index, the stock exchanges of Abu Dhabi, Dubai, and Kuwait lost between 1.2 and
RIYADH: Saudi stocks started Monday flat, with uncertainty still prevailing in the market as oil prices continue to fluctuate. The main index, TASI, began the day 0.08 percent lower at 13,670, while the parallel market, Nomu, opened 0.03 percent higher at 24,200, as of 10:06 a.m. Saudi time. In energy trading, Brent crude oil reached 111.77 per barrel, and US benchmark WTI