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Top News In Saudi Industrial Services Today - Breaking & Trending Today

Closing bell: TASI drops 24.18 points despite rally in healthcare sector

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped 24.18 points, or 0.22 percent, to close at 11,206.02 on Tuesday as 111 of the 224 stocks rose, while 95 declined. Stocks listed on the Pharma, Biotech, & Life Science index soared the most, with a 9.28 percent climb, while the stocks of the Energy and the Telecommunication sectors fell 1.96 and 1 percent, respectively. ....

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Closing bell: TASI, Nomu dip as banking selloff weighs in

RIYADH: Saudi Arabia’s Tadawul All Share Index retreated on Monday, losing 60.30 points or 0.35 percent to 10,905.48. On Monday, parallel market Nomu also dropped by 24.84 points or 0.12 percent to 20,039.15, even as the MSCI Tadawul 30 Index dipped by 0.50 percent to 1,481.70. The total trading turnover of the benchmark index was SR5.27 billion ($1.40 billion). The banking ....

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SISCO appoints new CEO as Mohammed Al-Mudarres resigns

RIYADH: The Saudi Industrial Services Co. has appointed Khalid Suleimani as CEO, effective Nov. 1. The decision was made following the resignation of Mohammed Al-Mudarres from his position as CEO “due to his desire to move to his own business”, according to a bourse filing. Al-Mudarres, however, will remain a consultant to SISCO’s subsidiaries and associate companies, as well ....

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