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Closing bell: TASI, Nomu dip as banking selloff weighs in

RIYADH: Saudi Arabia’s Tadawul All Share Index retreated on Monday, losing 60.30 points or 0.35 percent to 10,905.48. On Monday, parallel market Nomu also dropped by 24.84 points or 0.12 percent to 20,039.15, even as the MSCI Tadawul 30 Index dipped by 0.50 percent to 1,481.70. The total trading turnover of the benchmark index was SR5.27 billion ($1.40 billion). The banking ....

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Closing bell: Saudi bourse loses steam after six consecutive sessions, drops 63 points

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 63.11 points or 0.6 percent on Wednesday to close at 10,410.21, curbing the buying rally that lasted for six consecutive sessions. While MSCI Tadawul 30 Index slipped 0.7 percent to 1,418.42, the parallel market Nomu closed slightly lower at 18,868.33. The total trading turnover of the benchmark index was SR4.10 billion ....

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Here's what you need to know before Tadawul trading on Tuesday

RIYADH: Saudi stocks reversed losses to close Monday’s session higher, as investor sentiment was boosted by positive earnings from listed companies. TASI, the main index, edged up 0.23 percent to 12,543, while the parallel market, Nomu, gained 0.3 percent to 22,110. The Saudi index outperformed peers in the Gulf, with most markets finishing lower on Tuesday. Qatar, Abu Dhabi, ....

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TASI starts flat as investors assess the lower oil prices and higher inflation: Opening bell

RIYADH: Saudi Arabia's benchmark index started Tuesday’s trading session flat as more earnings reports came out; investors tried to assess the impact of rising inflation and weaker oil prices on the index. As of 10:06 a.m. Saudi time, the Tadawul All Share Index and the parallel market Nomu opened at 12,542 and 22,111, respectively. In the energy market, Brent crude fell to ....

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