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
RIYADH: Saudi stocks slid last week to end lower on Thursday as oil prices fell to seven-month lows before rebounding on Friday. TASI exited the week’s final trading session 0.3 percent lower at 11,834, while the parallel market Nomu edged down 0.4 percent to 20,438. In line with the Kingdom’s bourse, Dubai, Kuwait, and Oman lost between 0.2 and 0.7 percent. Abu Dhabi and
RIYADH: Saudi Arabia’s main stock market extended gains on Sunday, tracking a rise in oil prices last week. TASI was up 0.5 percent to 13,682 at the closing bell, with Saudi Arabia’s largest valued bank Al Rajhi touching its highest level since its market debut of SR177.6 ($47.4). The parallel Nomu market closed 0.9 percent lower at 24,193. Elsewhere in the GCC, stock