Page 7 - Helm Co News Today

RIYADH: Saudi’s main index, also known as TASI, and parallel market, Nomu, closed lower on Sunday. At the closing bell, TASI was down 0.53 percent at 13,463, while Nomu fell 0.01 percent to reach 23,832. Elm Co. gained 6.89 percent to lead the gainers, followed by Alkhorayef Water and Power Technologies Co. which rose by 6.33 percent. Salama Cooperative Insurance Co. was down

Logo ofSaudi Home Loans Co. Saudi Home Loans Co. (SHL) will begin trading on the Saudi Exchange (Tadawul) today, April 20, under the banking

RIYADH: Saudi stocks closed slightly higher on Monday, with gains registered by several major companies, causing investors to fear missing out on what appeared to be a rising market. As of the closing bell, Saudi main index, TASI, closed 0.63 percent higher at 13,165, while the parallel market, Nomu, tumbled 1.66 percent to reach 24,445. Shares in ACWA POWER Co. rallied 10

RIYADH: Initial public offering activity on Saudi Arabia’s primary index TASI soared 250 percent in the first quarter of 2022 from a year ago, even as the Ukraine-Russia crisis roiled markets. In what is considered the region’s most active IPO market, the value of initial share sales reached as high as $3.4 billion from $280 million during the same period in 2021. The IPO buzz

RIYADH: As energy market prices eased, Saudi stocks saw their second day of gain this week as investor fears abated. The main index, TASI, finished 0.5 percent higher, reaching 13,064 points for the first time since 2006, while the parallel market, Nomu, surged 3.80 percent to 25,135. The price of Brent crude fell $5.85 to $114.80 a barrel, and WTI crude oil declined $5.72 to

RIYADH: Saudi Arabia’s digital security firm Elm Co. shares hit a record high of SR212.4 ($56), an increase of 3.77 percent compared to Sunday’s close, according to Tadawul data. As of 2:50 p.m., shares fell slightly to SR209, having fallen 1.16 percent during the day. Based in Riyadh, Elm debuted on Saudi Arabia’s main stock index, TASI, on Feb. 16.

RIYADH: Saudi Arabia’s stock exchange started the day almost flat on Thursday, as stocks of the oil-rich nation tracked a volatile trend in the energy market. Oil rose in early trade but then slightly eased back, as worries over tight supply chains intensified amid ongoing geopolitical tensions. Brent crude hovered near $120.93 per barrel, while US WTI crude oil reached

RIYADH: Saudi stocks recorded gains on Wednesday, with oil prices back on the rise and most global markets ending in the green despite ongoing geopolitical woes. TASI, the main index, extended gains by 0.5 percent to 12,944 points, and the parallel market, Nomu, rose 0.2 percent to 24,478. All fellow GCC bourses were up, but the Omani index bucked the trend as it dropped 0.9

RIYADH: Saudi Arabian digital security firm Elm Co. has received an extension for a contract valued at SR570 million ($152 million) to set up and operate centers with a government entity. The deal, awarded in early 2021, will see Elm — owned by the Kingdom’s Public Investment Fund — provide and lease centers, supply staff, and design the end-to-end model of operation,

RIYADH: PIF-owned digital security firm Elm Co.’s board has proposed full-year cash dividends of SR233 million ($62 million) in its first post-listing payout. This represents SR3 per share, with a total of SR77.6 million shares eligible for dividends, according to a bourse filing. Shares in the company, whose IPO was priced at SR128 a month ago, are trading 50 percent higher