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Saudi benchmark index falls marginally as investor sentiment flickers: Closing bell

RIYADH: The Tadawul All Share Index on Sunday closed marginally lower by 38.74 points โ€” or 0.38 percent โ€” to close at 10,251.68 points after touching a peak of 10,316.61 at 10:44 a.m. Saudi time, riding on the uncertainty that has clouded investor sentiment in the past few months. The advance-decline ratio reflected the sentiment, with 104 stocks of the listed 220 heading
Yanbu Industrial City Al Madinah Saudi Arabia Ar Riya Saudi Arabian Pritish Devassy

Saudi bourse gains on rising oil prices; Egypt falls

New York: Saudi Arabiaโ€™s stock market ended higher on Sunday in response to Fridayโ€™s sharp rise in oil prices, while the Egyptian index slipped into negative territory following a recent rally. Crude prices โ€” a key driver of the Gulfโ€™s financial markets โ€” settled up by more than 5 percent on Friday amid uncertainty around future interest rate hikes by the US Federal Reserve,
Saudi Arabia United Kingdom Saudi Arabian Daniel Takieddine Bandar Alkhorayef Al Rajhi Bank

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Here's what you need to know before Tadawul trading on Thursday

RIYADH: Saudi stocks ended higher for a third straight day on Wednesday, thanks to strong earnings results from most listed companies. TASI, the main index, gained 0.8 percent to close at 12,431 and the parallel Nomu market edged 0.13 percent higher to 22,227. Most Gulf peers advanced in line with Saudi Arabia, led by a 0.8 percent gain for Abu Dhabiโ€™s bourse. Dubai, Oman, and
United Arab Emirates United States Umm Al Quwain Umm Al Qaywayn Saudi Arabia Ar Riya

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