RIYADH: Saudi stocks closed lower in the last trading session of the week as mixed earnings reports and changing crude prices affected investor outlook. In the energy market, Brent crude prices declined, settling at $107.45 a barrel, while US WTI crude traded at $107.00 a barrel, as of 3:28 a.m. Saudi time. The main index, TASI, fell 2.24 percent to reach 12,427, while the
RIYADH: Saudi main index TASI, and parallel market, Nomu, had edged down at the end of Tuesday’s trading session. At the closing bell, TASI finished 1.66 percent lower, at 13.505, while Nomu was down 0.52 percent at 24,088. Saudi British Bank was down 4.40 percent to lead the fallers. Wataniya Insurance was also down 4.21 percent at Tuesday’s closing. East Pipes was up 6.51
RIYADH: TASI rebounded on Tuesday afternoon as investors moved beyond the continuing Russian-Ukrainian conflict as an immediate concern. The price of Brent crude futures increased to $116.51 a barrel, as US WTI futures climbed to $112.65 per barrel, as of 3:30 p.m. Saudi time. TASI, the main index, rose 0.39 percent to 12,881, while Nomu, the parallel market, lost 0.91 percent
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: Saudi stocks surged for a second consecutive day on Monday as investors’ sentiment improved on the back of solid earnings, despite growing Ukraine-Russia conflicts. At the closing bell, the main index TASI, rose 1.4 percent to 12,590, closing the month 2.6 percent higher. The parallel market, Nomu, gained 0.28 percent to 25,022. Saudi Arabia’s Scientific & Medical