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May 3, 2023
RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the third consecutive session on Wednesday, losing 145.44 points, or 1.30 percent, to close at 11,073.17. The fall was driven by fears of global economic uncertainties and dipping oil prices. The parallel market Nomu also slipped by 192.44 points to close at 20,670.85, and the MSCI Tadawul Index dropped 1.26 percent to
March 16, 2023
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday and lost 71.85 points – 0.71 percent – to close at 9,976.65, driven by sharply lower oil prices amid fragile market sentiment over fears of a deepening crisis for banks worldwide. While MSCI Tadawul 30 Index dropped 0.68 percent to 1,347.20, the parallel market Nomu rose 0.91 percent to 19,011.72. The total
December 27, 2022
RIYADH: Saudi Arabia’s Tadawul All Stock Index gained 130.62 points — or 1.28 percent — on Tuesday to close at 10,359.26 as China announced its plan to scrap quarantine requirements for inbound travelers from Jan. 8. The news spread a ripple of excitement across the markets worldwide as it marked the easing of the three-year border control that had choked international trade