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TASI almost flat as investors await earnings results: Opening bell

RIYADH: Saudi main index began the week’s trading session almost flat as investors awaited earning results. TASI edged up 0.09 percent to 11,998, while Nomu was unchanged at 20,955 as of 10:08 a.m. Saudi time. Salama Cooperative Insurance Co. surged 9.45 percent, leading gainers, while United Cooperative Assurance Co. slipped 8.68 percent, leading the fallers. Saudi Investment
Saudi Arabia Ar Riya United Kingdom United States Al Rajhi Bindawood Holding Co

TASI ends in red as investors monitor the market: Closing bell

RIYADH: The Saudi main index ended the week’s first trading session in red as investors continued to watch the market in anticipation of earnings results. TASI edged down 0.11 percent to 11,975, while Nomu rose 0.46 percent to 21,056. Salama Cooperative Insurance Co. surged 9.97 percent, leading the gainers since the opening, while United Cooperative Assurance Co. slipped 9.92
Saudi Arabia Ar Riya United Kingdom United States Al Rajhi Bindawood Holding Co

Saudi stocks begin in green, extending rebound: Opening bell

RIYADH: Saudi stocks began the week’s final session on a positive note, recovering from a recent selloff sparked by interest rate hikes around the globe to tame inflation. The main index, TASI, started 29 percent higher at 11,808, while the parallel market, Nomu, started almost flat at 20,768 as of 10:08 a.m. Saudi time. Naseej International Trading Co. gained 5.14 percent,
Saudi Arabia Ar Riya United Kingdom Al Khobar Ash Sharqiyah United States

Saudi stocks rise as crude prices strengthen: Opening bell

RIYADH: Saudi stocks began the morning session on a positive note on Wednesday, buoyed by higher oil prices. The main index, TASI, started 0.40 percent higher at 11,808, while the parallel market, Nomu, rose 0.11 percent at 20,839 as of 10:07 a.m. Saudi time. In energy trading, Brent crude hit $106.14 a barrel and US West Texas Intermediate reached $102.82 a barrel, as of
Saudi Arabia Ar Riya United Kingdom United States Al Rajhi Nahdi Medical Co

TASI begins higher despite market fears: Opening bell

RIYADH: Saudi stocks opened higher in the early morning trading session, despite ongoing market fears of higher interest rates weighing on investors' sentiment. The main index, TASI, gained 0.11 percent to reach 11,477, while the parallel market, Nomu, started flat at 21,082, as of 10:08 a.m. Saudi time. This was led by a rise in the banking sector, with Al Rajhi, the
Saudi Arabia Ar Riya United States Al Rajhi Saudi Aramco Saudi National Bank

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TASI extends losses on fears of economic slowdowns: Closing bell

RIYADH: Saudi stock markets extended losses as investors worried that the latest central bank efforts to curb inflation would lead to rapid economic slowdowns. The main index, TASI, fell 0.93 percent to reach 11,358, while the parallel market, Nomu, dropped 1.94 percent at 20,672. Fawaz Abdulaziz Alhokair Co. led the decliners since the market opened with a 9.99 percent fall,
Saudi Arabia Ar Riya United States Al Rajhi Dar Alarkan Real Estate Development Co Saudi Aramco

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

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
Saudi Arabia United Arab Emirates Ar Riya United States Saudi Arabian Abu Dhabi

TASI rises on fall in commodity prices, easing inflation fears: Closing bell

RIYADH: Saudi stocks regained some of its momentum on Tuesday, as commodity prices fell, which eased concerns about inflation. The main index, TASI, gained 2.13 percent to 11,671, while the parallel market, Nomu, added 0.55 percent to 20,358. This was led by a 3.32 percent increase in the Saudi oil giant Aramco and a 3.43 percent leap in one of the Kingdom’s biggest lenders,
Saudi Arabia Ar Riya United States Al Moammar Saudi National Bank Retal Urban Development Co

Saudi Interior Ministry launches fourth Makkah Route initiative

JEDDAH: The Saudi Ministry of Interior has launched its fourth Makkah Route initiative to smooth pilgrims’ Hajj journey and provide a top-quality service. It also aims to ensure that all health requirements are met in the targeted countries before the Kingdom’s entry visa is issued.
Jawa Timur Saudi Arabia King Salman Customs Authority Saudi Authority For Data Health Ministry

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