RIYADH: Stocks in Saudi Arabia finished lower on Monday after disappointing earnings were revealed. The main index, TASI, fell by 0.04 percent to 13,814 and the parallel market, Nomu, dropped 0.31 percent to 23,475. The price of crude oil continues to fall since early Monday morning, with Brent crude reaching $109.94 per barrel and WTI crude reaching $107.18 per barrel, at
RIYADH: Saudi Arabia’s stocks wrapped up a volatile trading week with gains last Thursday, tracking instability in the oil market. TASI rose 0.9 in the previous trading session, advancing 0.7 on the week. The parallel market, Nomu, ended 0.72 percent higher at 24,902. Led by Dubai’s DFMGI, all major GCC stock indexes recorded gains on Thursday, except for Kuwait which closed
RIYADH: In the wake of yet another rise in oil prices, Saudi stocks ended the week higher on Thursday. Brent crude futures surged $5.68 to $103.70 a barrel, while WTI crude was up $5.32 to $103.70 a barrel, as of 3:55 p.m. Saudi time. Saudi Arabia’s main index, TASI, closed the week 0.89 percent higher, to reach 12,769. The parallel market, Nomu, rose 0.72 percent, to 24,902.