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Closing bell: Saudi bourse inches up 25 points to close at 10,051

RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday gained 25.36 points — or 0.24 percent — to close at 10,051.78, led by healthy buying in the telecom sector. While MSCI Tadawul 30 Index increased 0.31 percent to 1,428.40, the parallel market Nomu closed slightly lower at 18,868.33. TASI’s total trading turnover of the benchmark index was SR4.58 billion ($1.22 billion)
Saudi Arabia Ar Riya National Co Arab Group Co Telecommunication Co Etihad Atheeb Telecommunication Co

TASI rally continues as it starts the week up 117 points

RIYADH: Saudi Arabia’s Tadawul All Share Index on Sunday gained for the fourth consecutive session as it closed higher by 117.26 points — or 1.14 percent —to 10,411.26, continuing a rally that began on Feb. 28. While the MSCI Tadawul 30 Index stayed flat at 1,397.62, the parallel market Nomu fell 0.84 percent, to 18,959.37. TASI’s total trading turnover of the benchmark index
Saudi Arabia Ar Riya Al Rajhi Takaful Al Kathiri Holding Co Naqi Water Co Hail Cement Co

TASI rises 89 points as large-cap stocks pique investors' interest

RIYADH: Saudi Arabia’s Tadawul All Share Index rose 89.56 points — or 0.84 percent — on Thursday to close at 10,051.78, led by sustained buying in all large-cap stocks. The Banking Index moved up 1.63 points to 10,714.58, led by about a 3 to 3.5 percent increase in the share prices of Banque Saudi Fransi, Saudi British Bank, Alinma Bank and Arab National Bank. TASI’s total
Ash Sharqiyah Saudi Arabia Ar Riya Saudi Arabia General United Kingdom Al Madinah

Five agreements signed to boost industrial sector in Oman

Muscat - The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) signed five agreements to boost the industrial sector on Thursday. Celebrating Omani Industry Day, which focused this year on promoting local content and the initiatives of the manufacturing industries’ laboratory, the event also saw the launch of the Omani Product Logo and Oman Barcoding Centre.
Oman Barcoding Centre Industrial Innovation Academy Medium Enterprises Development Development Holding Company Green Smart Industrial Cities Initiative Oq Group

TASI continues to lose ground tracking oil prices: Closing bell

RIYADH: Saudi Arabia’s main index extended its losses in its last trading session of the week following further declines in oil prices. The Tadawul All Share Index declined 1.71 percent to end at 11,211 while the parallel market Nomu dropped 1.67 percent to finish at 18,908. Saudi oil giant Aramco ended the session 0.29 percent lower, a week after announcing that its profit
Saudi Arabia Ar Riya Saudi Arabia General Saudi Arabian Al Rajhi Sameer Al Hamidi

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

RIYADH: Saudi stocks recouped last week’s losses to close higher for a second straight day on Monday, buoyed by a rise in crude oil prices. The main TASI index added 2.3 percent to 11,555, while the parallel market Nomu edged up by 0.5 percent to 20,711. With Saudi Arabia leading the gains in the region, stock exchanges of Dubai, Abu Dhabi, Qatar, and Oman all advanced on
Ar Riya Saudi Arabia United Arab Emirates United States Abu Dhabi Hathal Al Utaibi

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

RIYADH: Saudi Arabia’s stock market posted its second-largest monthly decline of the year in June, led by fears of interest rate hikes weighing on investor optimism. TASI, as the main index is known, ended June losing 11 percent to reach 11,523 at the closing bell of Thursday’s session, while Nomu exited the month at 21,585. Elsewhere in the Gulf, stock exchanges of Dubai,
Ar Riya Saudi Arabia United Arab Emirates United States Abu Dhabi Bupa Arabia

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