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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.08% msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Saudi stocks rose in the last trading session but continued to trade at a low level, with persistent worries that a global recession could be triggered by rising interest rates. The main index, TASI, increased 0.28 percent to reach 11,351, while the parallel market, Nomu, fell 0.10% to 20,630, as of 10:07 a.m. Saudi time. Al Moammar Information Systems Co. climbed 4.89 ....
RIYADH: Saudi Arabia’s main index traded higher on Tuesday, regaining some of its momentum after closing at one of its lowest levels since January on Monday, as oil prices and concerns about slowing economic growth weighed on investor sentiment. The main index, TASI, added 0.94 percent to 11,468, while the parallel market, Nomu, rose 0.26 percent to 21,097, as of 10:09 a.m. ....
RIYADH: Al Hammadi Co. for Development and Investment said its general assembly approved its rise of capital and the appointment of a new CEO. The company's shareholders approved a capital increase of 33.33 percent to SR1.6 billion ($427 million), according to a bourse filing In a separate statement, the company said that Mohammed Alhammadi will serve as its CEO and managing ....
RIYADH: Saudi Arabia’s main index closed higher on Tuesday, recovering some momentum after dropping to its lowest level in six months earlier this week as concerns about economic growth and oil prices dampened the market. The main index, TASI, added 2.62 percent to 11,659, while the parallel market, Nomu, fell 0.79 percent to 20,875. Rabigh Refining and Petrochemical Co. and ....