RIYADH: Saudi Arabian stocks capped last week with gains, following a mixed performance throughout the week as cautious earnings optimism took over. TASI index surged 0.52 percent to end at 12,268 on Thursday. This came after it posted two straight days of losses and increased 0.73 percent on the week. The parallel market, Nomu, slipped by 0.45 percent to 25,217 points.
RIYADH: Saudi stocks extended losses in the previous trading session, as investors saw another busy week of earnings and the oil market, which is a key indicator for the oil-rich nation’s stocks, slipped. At the closing bell, TASI was down 0.17 percent to 12,205 points, and the parallel market Nomu edged down by 0.13 percent to 25,332 points. Most bourses saw gains on
RIYADH: Saudi Arabia’s main index, TASI, ended higher for a second consecutive day in the previous trading session, up 0.37 percent to 12,249 points, as the earnings wave continued. The parallel market Nomu edged 0.14 percent lower to 25,281 points, led by glass manufacturer Obeikan on debut. Elsewhere in the Gulf, stock indexes of Abu Dhabi, Qatar, Oman, and Kuwait all closed
RIYADH: Saudi Arabian stocks opened flat on Tuesday, with the main index TASI just nudging higher, on weaker investor sentiment amidst cautious trading. As of 10:20 a.m. Saudi time, TASI was at 12,081 points, and the parallel Nomu market traded at 25,560 points. Saudi insurer Bupa Arabia topped the gainers in early trading as it surged 3.3 percent to SR139 ($37). In the
RIYADH: Saudi stocks fell on Sunday as weak earnings data weighed on investor sentiment and losses hit some of the Kingdom’s major stocks. TASI dropped 1.2 percent, snapping its ten-day winning streak, to close at 12,140 points, and the parallel Nomu market slipped 1.4 percent, reaching 25,707 points. In line with Saudi Arabia, most GCC bourses were down on Sunday, except for