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Closing bell: TASI rises 141.6 points on recovering oil prices

RIYADH: Saudi Arabia’s Tadawul All Share Index increased 141.62 points on Tuesday – or 1.39 percent – to close at 10,359.74, from 10,218.12, thanks to oil price rise, extending a recovery. MSCI Tadawul 30 Index also increased 1.64 percent to 1,410.74, and the parallel market, Nomu, edged down by 0.21 percent closing at 18,928.89. TASI’s total trading turnover of the benchmark
Saudi Arabia Ar Riya Al Alamiya National Gas Al Jouf Cement Co Arriyadh Development Co

Closing bell: TASI falls 98 points as the US banking crisis rattles investors

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 97.92 points — or 0.95 percent — to close at 10,207.17 on Tuesday as the looming US banking crisis clouded the investor sentiment globally. The collapse of Silvergate Bank, Silicon Valley Bank and Signature Bank in the last week has spurred an exodus of investors from equities to safe havens such as gold and bonds. Stock
United Arab Emirates United Kingdom Saudi Arabia Kuwait General Ar Riya Abu Dhabi

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Foodics joins hands with SEA Ventures to support startups

CAIRO: Saudi-based leading restaurant technology and payments platform Foodics has partnered with SEA Ventures, a Saudi Arabian startup accelerator, to digitally empower entrepreneurs in the food and beverage sector. The partnership will aim to provide startups with technical solutions to enhance the quality of emerging projects and support services to boost the
Al Qahirah United Arab Emirates Saudi Arabia Ar Riya Saudi Arabian Alexander Ponomarev

TASI posts a gallant comeback, rises 100 points to 10,520

RIYADH: Saudi Arabia’s Tadawul All Share Index on Monday rose 100.30 points — or 0.96 percent — to close at 10,519.74. While MSCI Tadawul 30 Index gained 1 percent to 1,438.94, the parallel market Nomu closed 0.49 percent lower at 19,441.04. TASI’s total trading turnover of the benchmark index was SR4.53 billion ($1.21 billion) as 147 stocks of the listed 224 advanced and 61
Ar Riya Saudi Arabia Saudi Arabia General Saudi Arabian International Co Al Gassim Investment Holding Co

Closing Bell: TASI arrests downward slide; closes up 38 points to 10,508

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 38.22 points — or 0.37 percent — on Wednesday to close at 10,507.72. While MSCI Tadawul 30 Index edged up 0.21 percent to 1,439.54, the parallel market Nomu closed 0.76 percent higher to 19,212.09. TASI’s total trading turnover of the benchmark index was SR3.41 billion ($910 million), with 99 stocks of the listed 224
Ar Riya Saudi Arabia United Kingdom Al Alamiya Bupa Arabia Customs Authority

Closing bell: TASI continues to decline, closes flat at 10,589

RIYADH: Saudi Arabia’s Tadawul All Share Index on Monday lost 2.87 points — or 0.03 percent — to close at 10,588.58. While MSCI Tadawul 30 Index dropped 0.10 percent to 1,452.66, the parallel market Nomu slipped 0.76 percent to 18,761.95. TASI’s total trading turnover of the benchmark index on Monday was SR4.46 billion ($1.19 billion), with 101 stocks of the listed 224
Ar Riya Saudi Arabia Abdullah Saad Mohammed Etihad Atheeb Telecommunication Co Riyad Bank Public Relations Co

Closing bell: Saudi bourse slips 29 points to close at 10,811

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 28.81 points — or 0.27 percent — on Monday to close at 10,810.68. While MSCI Tadawul 30 Index ended flat at 1,492.97, the parallel market Nomu fell 27.67 points to 19,151.14. TASI’s total trading turnover of the benchmark index on Monday was SR5 billion ($1.33 billion), with 69 stocks of the listed 223 advancing and 135
Saudi Arabia Ar Riya Al Madinah Al Kathiri Holding Co Saudi Paper Manufacturing Co Media Group

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