RIYADH: Saudi stocks ended the day higher on Wednesday as major companies released their earnings, causing investors to shrug off some concerns. The Saudi main stock index, TASI, gained 0.19 percent to close at 12,713, while the parallel market, Nomu, added 0.64 percent at 22,832. Red Sea International Co. surged 10 percent to lead the gainers, while Al Hassan Ghazi Ibrahim
RIYADH: Saudi stocks suffered their third straight loss on Wednesday, following an uptick in energy prices that spread across the market in the closing session. Crude oil prices bounced back after a week of falling, with Brent crude rising by 3.61 percent to $106.16 per barrel and WTI crude climbing 3.95 percent to $103.71 per barrel, at 3:21 a.m. Saudi time. The main index,
RIYADH: Saudi stocks finished higher on Sunday, with investors anticipating that the trend will remain positive going forward. The main index, TASI, closed 0.63 percent higher at 13,820, while the parallel market, Nomu, fell by 1.51 percent to reach 23,547. Crude oil prices closed Friday higher, with Brent crude reaching $112.39 per barrel and WTI crude reaching $109.77 per
RIYADH: Saudi stocks started Monday flat, with uncertainty still prevailing in the market as oil prices continue to fluctuate. The main index, TASI, began the day 0.08 percent lower at 13,670, while the parallel market, Nomu, opened 0.03 percent higher at 24,200, as of 10:06 a.m. Saudi time. In energy trading, Brent crude oil reached 111.77 per barrel, and US benchmark WTI
RIYADH: Saudi Arabia's main market began the week higher as investors monitored the uncertainty in the energy market and watched for new corporate results. TASI, started 0.23 percent higher to reach 13,652, while the parallel market, Nomu, fell 0.22 percent to reach 24,365, as of Sunday 10:07 a.m. Saudi time. As for energy trading, oil prices edged upward on Friday, but