Page 4 - Helm Co News Today

RIYADH: The Saudi stock market ended Tuesday’s session on a downward note, with oil prices tumbling following a steep rise. The Tadawul All Share Index dipped 0.6 percent at 12,455, while the parallel market, Nomu, advanced 0.39 percent at 21,595. Oil giant Saudi Aramco ended the session with a 0.78 percent decline, while Methanol Chemicals Co. dropped 1.41 percent. In the

RIYADH: Saudi stocks moved higher in the early trading hours of Monday, with oil prices staying above $100 per barrel. The Tadawul All Share Index began 0.29 percent higher at 12,562, while the parallel Nomu fell 0.22 percent at 21,714 as of 10:08 a.m. Saudi time. Oil giant Saudi Aramco started the session with a 0.39 percent gain, while Methanol Chemicals Co. added 0.51

RIYADH: The Saudi stock market mimicked global counterparts with stocks ending almost flat on Monday, as investors worry about inflation-related economic slowdowns. The Tadawul All Share Index ended at 12,530, while the parallel Nomu fell 1.16 percent at 21,510. Oil giant Saudi Aramco ended the session with a 0.65 percent decline, while Methanol Chemicals Co. declined 0.13

RIYADH: Saudi Arabia’s stock market rebounded on Wednesday, tracking a recovery in oil prices as they surpassed $100 a barrel. TASI edged 0.2 percent higher to 12,443, while the parallel Nomu market added 0.3 percent to end at 21,633. Likewise, the stock exchanges of Qatar and Dubai advanced by 0.4 and 0.9 percent, respectively. Abu Dhabi, Oman, and Kuwait finished lower,

RIYADH: Saudi Arabia’s benchmark index has started the week higher after a wave of earnings reports boosted investor sentiment. TASI added 0.15 percent at 12,309, while the parallel market, Nomu, started flat at 21,846, as of 10:08 a.m. Saudi time. Saudi British Bank added 0.48 percent, while the Kingdom’s oil giant Saudi Aramco started the day with a 0.25 percent decline. Elm

RIYADH: Saudi Arabia’s benchmark index TASI ended flat at 12,291 last week, amid a wave of earning reports and declining oil prices. The UAE and Qatar indexes were down as a drop in oil prices dragged down shares, but other Gulf peers recorded slight gains. Abu Dhabi, Dubai, and Qatar lost 0.3, 0.5, and 0.1 percent, respectively, while Kuwait, Bahrain, and Oman advanced

RIYADH: Shares of Elm Co., a Saudi-based digital security firm, fell as they started trading on Sunday, despite a 59 percent profit surge in the first half of 2022. The company’s share price was down 1.2 percent to SR290 ($77) per share by 10:18 a.m. Saudi time. Its profit soared to SR444 million, compared to SR279 million in the previous year's first half, according to a

RIYADH: Dragged down by falling oil prices, Saudi Arabia’s main index declined 0.6 percent to reach 12,216 on Sunday. The parallel market, Nomu, finished 0.28 percent lower at 21,776. This was led by a 1.13 percent decline in oil giant Saudi Aramco, and 1.49 percent in the Kingdom’s largest valued bank, Al Rajhi. Elm Co. sank 2.86 percent, despite announcing a 59 percent surge

RIYADH: Saudi Arabia’s main index started slightly lower on Tuesday in the face of a global economic downturn triggered by inflation and rising interest rates. The main index, TASI, started down 0.11 percent at 12,325, while the parallel market, Nomu, started flat at 21,487, as of 10:06 a.m. Saudi time. This was led by a 4.73 decline in Bank Aljazira to lead the fallers,

RIYADH: Saudi initial public offerings are on course for a record year, as the number of listings in the first half of 2022 has already surpassed those of last year, according to the chairman of the Capital Market Authority. “Undoubtedly, the number of IPOs we have for listing and offering is the largest that it has been,” Mohammed Elkuwaiz told Arab News.