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TASI trades higher as oil prices rebound: Opening bell

RIYADH: Saudi Arabia’s main index started on a positive note on Monday’s trading session, lifted by a rebound in oil prices. TASI edged up 0.1 percent to start at 11,951, while the parallel market Nomu declined 0.1 percent at 20,717, as of 10:06 a.m. Saudi time Saudi oil giant Aramco climbed 0.27 percent, while Rabigh Refining and Petrochemical Co. edged down 0.38 percent. Al ....

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TASI returns to 12000-point level with oil prices recovering: Closing bell

RIYADH: Saudi Arabia’s main index returned to the 12000-point level on the back of a recovery in crude oil prices. The Tadawul All Share Index gained 0.68 percent to end Monday’s session at 12,022, while the parallel market Nomu added 0.78 percent to finish at 20,899. This was led by a 2.07 percent leap in the Kingdom’s largest valued bank Al Rajhi and a 1.34 percent increase ....

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