RIYADH: Saudi stocks fell on Sunday as weak earnings data weighed on investor sentiment and losses hit some of the Kingdom’s major stocks. TASI dropped 1.2 percent, snapping its ten-day winning streak, to close at 12,140 points, and the parallel Nomu market slipped 1.4 percent to 25,707 points. The Kingdom’s dairy giant, Almarai Co., lost 2.4 percent after leading the losses
RIYADH: The performance of the Saudi stock market on Tuesday illustrated resilience in the face of omicron concerns as Tadawul approaches year-end. With the main stock index TASI rebounding to reach a one-month high, both Saudi indexes –TASI and Nomu – ended the latest session higher, up 1.4 percent and 1.8 percent to 11,315 and 26,705 points, respectively. Factors
RIYADH: Saudi exchange’s main stock index TASI edged up slightly by 0.09 percent to close at 11,170 points in the previous trading session, after recouping early trading losses. The parallel market Nomu rose 1.2 percent to 27,377 points. The global spread of the new omicron variant has aroused investor uncertainty, leading most of the Middle East stock exchanges to either fall
RIYADH: Saudi stocks sustained minor gains, with the main index TASI rising 0.81 percent to 11,261 points at closing bell, having fluctuated between gains and losses during trading today. The parallel market Nomu dropped 0.81 percent to 27,156 points. Arabian Centres Co., also known as Almrakez, was the session’s biggest gainer, up over 9 percent to SR24 ($6.39). Among the