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TASI settles flat amid uncertainty over oil prices, higher inflation: Closing bell

RIYADH: Saudi Arabia’s benchmark index settled flat on Tuesday’s trading session, as investors scramble to assess the impact of declining energy prices and higher inflation on the index The Tadawul All Share Index ended the session flat at 12,545, while the parallel market, Nomu, edged 0.34 percent lower to finish at 22,034. In the energy market, Brent crude reached $95.55 a ....

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Here's what you need to know ahead of the trading week on Tadawul

RIYADH: Saudi Arabia’s stock exchange, in addition to major Middle Eastern markets, fell last week on worries that high inflation and rising interest rates will weigh on the global economy. The main TASI index was down 4.06 percent at 12,835, with Al Rajhi Bank dropping 6.5 percent, and the parallel market Nomu also edged down to 22,646. TASI’s oil giant Aramco had surpassed ....

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Here's what you need to know before Tadawul's opening bell on March 8

RIYADH: Saudi stocks closed Monday almost flat as investors worried about global affairs following Russia's invasion of Ukraine. At the closing bell, the main index, TASI, flattened at 12,808, and the parallel market Nomu slipped 0.50 percent to 24,628. UAE stock markets were volatile, Abu Dhabi index ended flat, while Dubai's DFMGI fell 0.9 percent for the second straight ....

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TASI closes at 11,686 points, falls by 0.57%: Market wrap

Tadawul All Share index closed at 11,685.66 points, dropping by 66.46 points or 0.57 percent compared to yesterday’s close. Here is a wrap of the latest market news The net profit of Saudi Industrial Services Company (SISCO) plummeted by 47.3 percent to SR58.7 million ($15.7 million) in this year’s first three quarters. This was partly caused by a 21.2 percent divestment in ....

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