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Closing bell: Saudi stocks edge up; Tadawul announces indices maintenance for Q1

RIYADH: The Saudi Stock Exchange updated the free-float shares for all listed issuers on the main market TASI and parallel market Nomu, effective April 2. The companies that will be included in the Tadawul index are Alinma Hospitality REIT Fund and Thimar Development Holding Co. The firms that will be included in the Nomu index are Leen Alkhair Trading Co., Nofoth Food ....

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Closing bell: Saudi stocks edge up; Tadawul announces indices maintenance for Q1

RIYADH: The Saudi Stock Exchange updated the free-float shares for all listed issuers on the main market TASI and parallel market Nomu, effective April 2. The… ....

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Closing Bell: TASI rises for the second day in a row; closes up 1.28% to 10,458 points

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 126.03 points or 1.28 percent on Wednesday, to close at 10,485.29, reflecting renewed enthusiasm in investor sentiment for the second day in a row. The total trading turnover of the benchmark index scaled 29 percent to SR4.46 billion ($1.18 billion) from Tuesday’s SR3.45 billion. While 109 of the 223 listed stocks ....

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Saudi market regulator approves Nomu listing of Leen Alkhair, Meshkati Trading

RIYADH: Saudi Arabia’s Capital Market Authority has given its approval for initial public offerings by two companies seeking to join the Kingdom’s Parallel market. Leen Alkhair Trading Co. has received approval to register and offer 23.5 percent of its total capital, equivalent to 958,750 shares, the Saudi market regulator said in a statement. Leen Alkhair specializes in ....

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

RIYADH: Saudi Arabia’s main index ended higher for a second session following a sharp drop earlier in the week sparked by economic concerns. The Tadawul All-Share Index rose 1.39 percent to reach 11,120 at the end of Wednesday, while the parallel market Nomu rose 1 percent to 19,916. Abu Dhabi’s main followed the Saudi trend to close 0.4 percent up to 9,740 on Wednesday. In a ....

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