RIYADH: Saudi Arabia's stock market rose slightly on Wednesday, despite recent uncertainty remaining among investors. The main index, TASI, added 0.36 percent at 12,064, while the parallel market, Nomu, fell 0.98 percent at 21,294, as of 10:10 a.m. Saudi time Aljazira Takaful Taawuni Co. topped the gainers’ list with a 4.57 percent increase, while Arab Sea Information System
RIYADH: Saudi stocks nudged higher on Wednesday in line with a rise in oil prices. TASI the main index added 0.2 percent to close at 12,713, while the parallel Nomu market gained 0.6 percent to 22,832. Shares of state-owned Saudi Electricity shed 8 percent after posting a drop in first-quarter profit. In line with the Saudi index, stock exchanges of Abu Dhabi, Qatar, Bahrain,
RIYADH: The shares of Red Sea International Co.'s rose by four percent at 10:55 Riyadh after it signed a seven-year contract worth SR245.8 million ($65.5 million) with Baker Hughes to design, manufacture, supply and operate three camps in the Eastern region to support its oil drilling operations in the region, according to a bourse filing. Saudi Arabia's stock market traded