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July 3, 2022
RIYADH: Saudi stocks ended their first trading session of July in red, expanding on the market’s 11 percent loss in June as investors' optimism was dampened by the fear of interest rate hikes. As of Sunday’s closing bell, TASI fell 0.51 percent to reach 11,464, while the parallel market, Nomu, plunged 2.33 percent to 21,082. This was led by a 0.39 percent decline in Saudi
June 30, 2022
RIYADH: Saudi Arabian stocks gained on Wednesday, supported by a rise in oil prices despite ongoing concerns over a potential global recession. The main index TASI advanced 0.5 percent to reach 11,727, while the parallel market, Nomu, added 1.8 percent to 20,728. TASI was lifted by a 0.9 percent rise in oil giant Aramco and a 2.9 percent surge in the Kingdom’s biggest lender
June 29, 2022
RIYADH: Saudi stocks regained some momentum on Tuesday, mirroring a rise in oil prices after China eased lockdown restrictions. TASI surged 2.1 percent to 11,671, buoyed by a 3.3 percent rise in oil giant Aramco and a 3.4 percent leap in the Kingdom’s biggest lender Saudi National Bank. The parallel market, known as NOMU, also recorded a 0.6 percent gain to end the day at
June 24, 2022
Chick-Fil-A is planning to build a location on 7th Avenue south of Roosevelt Street in downtown Phoenix.
June 20, 2022
There are a ton of big box stores in the Clifton Park area that have garden centers inside. That is why two entrepreneurs created a local and unique shop in Clifton Park that carries plants, has a florist, and also sells some home goods. It is called The Plant Hatch
June 16, 2022
RIYADH: Saudi Arabia’s stock market continued to fall as investors' sentiment felt mixed after the US Federal raised interest rates to their highest levels in decades to combat inflation. The main index, TASI, fell 1.29 percent ending the session at 11,824, while the parallel market, Nomu, added 0.95 percent to 21,504. In energy trading, Brent crude reached $116.83 a barrel
June 15, 2022
RIYADH: Saudi Arabia’s stock market closed lower on Wednesday falling below 12,000 points as investors fretted about the global economy. Saudi Arabia’s main index, TASI, fell 0.35 percent to reach 11,978, while the parallel market, Nomu, fell 0.95 percent to 21,301. Wafrah for Industry and Development Co. topped the list with a 9.97 percent gain, after winning shareholder
June 15, 2022
Having in mind China's reputation for corrosive capital, and that their funding sources lack transparency and accountability, which is understandable because all finances come from one authoritarian regime, it is clear that China through its companies in some way buys the favour of some BiH politicians who favour them in mastering natural resources. Tomorrow, it can be used as a means of influencing political decisions in favour of the Chinese and their interests in BiH
June 12, 2022
RIYADH: Saudi Arabia’s stock market ended the previous trading week slightly lower on Thursday, weighed down by spillover from global peers. The main TASI index nudged 0.1 percent higher at 12,603, while the parallel market Nomu added 0.2 percent to 22,240. Bahrain’s BAX ended flat, while stock exchanges in the UAE and Kuwait edged down. Qatar added 1 percent to top the
June 10, 2022
WATERTOWN — A unit at Beaver Meadows Apartments caught fire late Wednesday.