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Closing Bell – TASI ends the week at 10,841, shedding 88 points

Closing Bell – TASI ends the week at 10,841, shedding 88 points
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Closing bell: TASI falls 118 23 points thanks to drop in utilities and banking shares

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 118.23 points, or 1.04 percent, to close at 11,230.20 on Monday, as 95 of the 224 stocks rose while 114 declined. Its Pharma, Biotech, and Life Sciences index climbed the most with a 3.73 percent rise, while the Utilities and Banking indices fell 1.97 and 1.80 percent, respectively. While the parallel market Nomu rose 0.83

Bullish 4Q22 results expected for Saudi Arabian producers

Tabuk, Southern Province cement report lower profits, extending downward trend

RIYADH: Tabuk Cement Co. and Southern Province Cement Co. experienced weak profitability in the first nine months of 2022, in line with declining profits in the Kingdom’s cement sector. Tabuk Cement revealed in a bourse filing that its profits declined 81 percent between January and September of 2022, falling to SR3.4 million ($904,758). Despite lower profit, the cement

TASI falls on mixed earnings: Closing bell

RIYADH: Saudi Arabia’s main index declined today, dragged down by mixed earnings announcements and a decline at Aramco’s shares, the largest market player, despite strong quarterly performance. The Tadawul All Share Index slipped 1.18 percent, to end at 11,530, while the parallel market, Nomu, gained 0.49 percent to finish at 19,600. Saudi oil giant Aramco ended Tuesday's

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