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RIYADH: Amid last week’s dominating theme of initial public offerings and dividends, Saudi stocks soared to end the trading week higher as investor sentiment boosted. Saudi Arabia’s main stock index, TASI, last closed at 11,271 points, up 111 points from a week earlier and up 30 percent year-to-date, marking its biggest annual leap since 2010. With the latest gain, TASI has ....
RIYADH: In the previous trading session, Saudi bourse’s main stock index TASI retreated 0.5 percent to 11,204 points and the parallel market Nomu lost 2.75 percent to close at 26,409 points, despite five consecutive days of gains. That said, it is noteworthy that many stocks saw gains following their year-end dividend distribution announcements, with the Saudi Investment Bank, ....
RIYADH: Saudi bourse’s main stock index TASI edged up 0.81 percent to 11,261 points in the previous trading session, while most of the GCC stock indices ended lower amid investor uncertainty. The parallel market Nomu dropped 0.81 percent to 27,156 points. As Saudi Arabia’s TASI saw gains, Abu Dhabi’s index ADI dropped 1.8 percent, followed by the UAE’s DFMGI, the Qatari index ....
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 bourse’s main index, TASI, ended yesterday’s session down 1.34 percent to 11,160 points, partly shrugging off last week’s gains. The parallel market Nomu surged 4.23 percent to reach 27,025 points. The fall in the Saudi bourse came in line with global and regional markets, all threatened by the omicron coronavirus variant. Apart from Saudi, the prior session’s ....