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TASI drops after 5 days of gains, SAIB hits 2 5-year closing high: Closing bell

RIYADH: The Kingdom's main stock index TASI fell 0.5 percent to 11,204 points and the parallel market Nomu declined 2.75 percent to close at 26,409 points, despite five consecutive days of gains. AlRajhi Bank dropped 1.27 percent to SR140 ($37.29). The fall weighed on the index with the stock being the bourse’s highest traded in terms of value – with SR349 million of deals

Saudi bourse trades marginally higher, TASI up 0 26%: Midday update

RIYADH: Saudi’s main stock index TASI rose to 11,199 points as of midday trading, up 0.26 percent from the prior session. The parallel market Nomu was down 1.2 percent to 27,047 points. The biggest moving stocks were Almunajem Foods and AlRajhi Bank. With SR218.54 million ($58.21 million) and SR188.25 million worth of shares traded intraday, the stocks rose to SR62.8 and

TASI gains 90 points amid market volatility: Closing bell

RIYADH: Saudi stocks sustained minor gains, with the main index TASI rising 0.81 percent to 11,261 points at closing bell, having fluctuated between gains and losses during trading today. The parallel market Nomu dropped 0.81 percent to 27,156 points. Arabian Centres Co., also known as Almrakez, was the session’s biggest gainer, up over 9 percent to SR24 ($6.39). Among the

Saudi malls operator turns into residential real estate developer

TASI crosses 11,800 point mark in early trade

The Tadawul All Share Index, TASI, rose by 0.4 percent to surge past the 11,800 point level in early trade today. Turnover reached SR1.6 billion ($430m) during the period. Al Rajhi Bank rose more than 1 percent. Etihad Etisalat (Mobily) gained 2 percent to SR30.85 in a boost to the stock after it reported net profit after Zakat and tax of SR751 million for the first nine

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