RIYADH: Saudi stocks rose in the last trading session but continued to trade at a low level, with persistent worries that a global recession could be triggered by rising interest rates. The main index, TASI, increased 0.28 percent to reach 11,351, while the parallel market, Nomu, fell 0.10% to 20,630, as of 10:07 a.m. Saudi time. Al Moammar Information Systems Co. climbed 4.89
RIYADH: Saudi stocks further dipped during Monday's trading session, mirroring a global trend amid fears that rising inflation will cause an economic slowdown. The main index, TASI, dropped 2.18 percent to 12,053, while the parallel market, Nomu, shed 1.27 percent to 21,461. Dubai lost as much as 2.7 percent to lead the fall in the Gulf, followed by Saudi Arabia. Stock
RIYADH: Saudi Arabia’s stock market ended the previous trading week slightly lower on Thursday, weighed down by spillover from global peers. The main TASI index nudged 0.1 percent higher at 12,603, while the parallel market Nomu added 0.2 percent to 22,240. Bahrain’s BAX ended flat, while stock exchanges in the UAE and Kuwait edged down. Qatar added 1 percent to top the
RIYADH: Saudi stocks rebounded on Sunday as a rise in oil prices boosted investor sentiment in the oil-rich nation. TASI exited the day with a 1.3 percent gain at 12,689, while the parallel market Nomu advanced 0.58 percent at 22,402. Elsewhere in the Middle East, stock exchanges of Qatar, Oman, and Bahrain added between 0.3 and 0.6 percent and Kuwait’s BKP index surged 1.9
RIYADH: Saudi stocks opened in the green for the second day in a row as fear receded in the market despite skyrocketing oil prices and gloomy predictions for the month ahead. The main index, TASI, gained 0.22 percent to reach 12,717 while the parallel market, Nomu, added 0.04 percent to 22,410, as of 10:08 a.m. Saudi time. Amana Cooperative Insurance Co. rallied 9.9 percent,