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Closing bell: Tadawul and Nomu edge up; Jamjoom Pharmaceuticals top gainer

Closing bell: Tadawul and Nomu edge up; Jamjoom Pharmaceuticals top gainer
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Closing bell: TASI continues to decline, closes flat at 10,589

RIYADH: Saudi Arabia’s Tadawul All Share Index on Monday lost 2.87 points or 0.03 percent to close at 10,588.58. While MSCI Tadawul 30 Index dropped 0.10 percent to 1,452.66, the parallel market Nomu slipped 0.76 percent to 18,761.95. TASI’s total trading turnover of the benchmark index on Monday was SR4.46 billion ($1.19 billion), with 101 stocks of the listed 224 ....

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

RIYADH: Saudi stocks returned to positive territory after slipping steeply at the beginning of the week, however, major central banks’ interest rate hike plans and recession risks remain concerns for investors. The Tadawul All Share Index rose 0.50 percent to end Tuesday at 11,503, while the parallel market Nomu traded flat at 20,218. In the same direction, the UAE’s stocks ....

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

RIYADH: Saudi stocks regained some momentum on Tuesday, mirroring a rise in oil prices after China eased lockdown restrictions. TASI surged 2.1 percent to 11,671, buoyed by a 3.3 percent rise in oil giant Aramco and a 3.4 percent leap in the Kingdom’s biggest lender Saudi National Bank. The parallel market, known as NOMU, also recorded a 0.6 percent gain to end the day at ....

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TASI begins in red as investor awaits oil price stability: Opening bell

RIYADH: Saudi stocks opened Wednesday's session in red as investors awaited possible stabilization of oil prices. The main index, TASI, fell 0.19 percent to 11,648, while the parallel market, Nomu, added 1.02 percent to 20,565 as of 10:09 a.m. Saudi time. Abdullah Saad Mohammed Abo Moati for Bookstores Co. led the gainers with 3.93 percent gain, after it posted SR15 million ....

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