Industrial Export News Today

RIYADH: Saudi Arabia’s main index continued to suffer losses due to the continuing decline in oil prices. TASI ended the week’s final trading session on Thursday 0.25 percent lower to reach 11,834, while the parallel market Nomu edged down 0.44 percent at 20,438. Saudi oil giant Aramco fell 0.95 percent, while Rabigh Refining and Petrochemical Co. declined 1.37 percent. The

RIYADH: The Saudi main index, TASI, sank to its second-largest monthly decline in 2022 in the final session of June, led by fears of interest rate hikes hitting investors’ optimism. TASI ended June losing 11 percent, to reach 11,523 at the closing bell of Thursday’s session. During June, the Tadawul All Share Index suffered its worst decline in six months to reach 11,299. This

RIYADH: Saudi Arabia’s main index closed higher on Tuesday, recovering some momentum after dropping to its lowest level in six months earlier this week as concerns about economic growth and oil prices dampened the market. The main index, TASI, added 2.62 percent to 11,659, while the parallel market, Nomu, fell 0.79 percent to 20,875. Rabigh Refining and Petrochemical Co. and

RIYADH: Saudi Arabia’s stock market closed lower on Wednesday falling below 12,000 points as investors fretted about the global economy. Saudi Arabia’s main index, TASI, fell 0.35 percent to reach 11,978, while the parallel market, Nomu, fell 0.95 percent to 21,301. Wafrah for Industry and Development Co. topped the list with a 9.97 percent gain, after winning shareholder

RIYADH: Saudi Arabia’s main index, TASI, recorded its first monthly decline in 2022 to end the month of May on a down note, as investors fretted over the turmoil of the global economy. TASI ended the month surrendering 5.9 percent, down 812 points to reach 12,921 at the closing bell of Tuesday's session. This was coupled with weak performances by all 18 sectors with the

RIYADH: Saudi stocks rose for a second straight day as investor worries eased in the market despite steep rises in oil prices and dismal predictions for the coming month. As of Monday’s closing bell, the main index, TASI, gained 1.72 percent to reach 12,907 while the parallel market, Nomu, added 1.81 percent to 22,808. Saudi Industrial Export Co. rallied 9.94 percent, leading

RIYADH: Saudi Arabia’s main index closed higher today, boosted by optimism from investors as earnings season concluded on a positive note, after listed companies reported 73 percent profit growth in the first quarter. As of Wednesday’s closing bell, TASI gained 2.34 percent to reach 12,588, while the parallel market, Nomu, slipped 1.04 percent to 22,020. In the financial

RIYADH: The Saudi main index ended Monday with another steep decline, as fluctuating oil prices and mixed earnings reports weighed on investors' sentiment again. As of the closing bell, TASI edged 0.80 percent lower to reach 12,235, while the parallel market, Nomu, added 0.15 percent at 22,363. In the energy sector, Brent crude rose to $113.70 a barrel and US West Texas

RIYADH: Saudi stocks opened higher in the first trading session of the week following positive earnings reports. The main index, TASI, added 0.70 percent to reach 12,515, while the parallel market, Nomu, rose 0.76 percent at 22,678, as of 10:09 a.m. Saudi time. Saudi Industrial Export Co. gained 4.83 percent to lead the gainers, while Malath Cooperative Insurance Co. fell 4.17

RIYADH: Saudi stocks closed lower in the last trading session of the week as mixed earnings reports and changing crude prices affected investor outlook. In the energy market, Brent crude prices declined, settling at $107.45 a barrel, while US WTI crude traded at $107.00 a barrel, as of 3:28 a.m. Saudi time. The main index, TASI, fell 2.24 percent to reach 12,427, while the