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Saudi bourses feel the heat as US debt ceiling clouds global markets

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 46.52 points to close at 11,138.05 on Sunday, exercising caution ahead of the US debt ceiling decision that has gripped global markets. While the parallel market Nomu slipped slightly to 21,0553.54, the MSCI Tadawul Index closed flat at 1,483.75. The total trading turnover of the benchmark index was SR4.66 billion ($1.24 ....

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Closing bell: TASI sheds 0.47%; Nomu rebounds 231 points

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 53.42 points, or 0.47 percent, on Tuesday to close at 11,275.77. The parallel market Nomu, which lost 183.81 points on Monday, rose by 230.64 points to close at 20,834.64 on May 23. The MSCI Tadawul Index dropped 0.73 percent to 1,509.98. The total trading turnover of the benchmark index was SR6.64 billion ($1.77 billion). ....

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Closing Bell: Saudi stocks extended gains mirroring rise in global peers

RIYADH: Like most major Gulf markets, Saudi stocks extended gains on Wednesday mirroring a rise in global peers after sentiment was lifted by receding fears of a global banking crisis and rising oil prices. Saudi Arabia's benchmark stock index edged up 0.3 percent supported by gains in most sectors, led by healthcare and financials. Dr Sulaiman Al-Habib Medical Services added ....

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Saudi Fisheries signs seafood sales agreement with Oman Fisheries Company

Saudi Fisheries Co. (SFC) has signed a three-year fish supply agreement with Oman Fisheries effective 2 November 2022. ....

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TASI falls on weak earnings: Closing bell

RIYADH: Saudi Arabia’s main index declined on Wednesday on the back of poor earnings results from listed companies. The Tadawul All Share Index declined 0.69 percent to end at 11,407 while the parallel market Nomu dropped 0.11 percent to finish at 19,229. Saudi oil giant Aramco ended the session 1.72 percent lower, a week after announcing that its profit had surged 39 percent ....

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