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

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 ....

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

RIYADH: Saudi stocks dropped on Wednesday, mirroring a continued decline in oil prices as recession worries intensified. The Kingdom’s real gross domestic product grew by 12.2 percent in the second quarter of 2022 over the same period last year, recording the highest growth in over a decade, revealed data by the General Authority for Statistics. TASI slid 1.1 percent to end ....

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

RIYADH: Saudi stocks tracked a drop in oil prices to end Tuesday’s trading session lower, with the main TASI index sliding below the 12,000 level. The Organization of the Petroleum Exporting Countries and its allies on Monday agreed on a small production cut of 100,000 barrels a day to bolster prices. Oil prices then fell to hover around $90 a barrel on Wednesday. Brent crude ....

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

RIYADH: Saudi stocks finished Monday’s session in the red as the Organization of the Petroleum Exporting Countries and its allies agreed to a small production cut to bolster prices. The main index TASI slid 0.8 percent to finish at 12,099, while the parallel Nomu market declined 1.7 percent to 21,274. Abu Dhabi’s bourse recorded the steepest decline among Gulf markets, falling ....

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

RIYADH: Saudi stocks bucked a regional trend to start the week higher on Sunday, mirroring oil market gains ahead of Monday’s meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+. The Tadawul All Share Index edged up 0.4 percent to finish at 12,194, while the parallel Nomu market jumped 1.5 percent to 21,640. Apart from Saudi Arabia, ....

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