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 partially reversed gains to close lower in the previous trading session as concerns over an economic slowdown rattled investors. At Thursday’s closing bell, TASI fell 0.5 percent to 12,530, while the parallel market Nomu added 1.14 percent to 22,272. Stock exchanges of Qatar, Egypt, and Oman edged lower, while those of Bahrain and Kuwait
RIYADH: The Saudi stock market opened flat in early trade on Tuesday morning as traders remained cautious. Both the main index, TASI, and the parallel market, Nomu, were flat at 12,247 and 22,363, respectively, as of 10:09 a.m. Saudi Arabia. The shares of Amana Cooperative Insurance Co. gained 7.08 percent, leading the gainers in the market. Al Moammar Information Systems Co.
RIYADH: Saudi Arabia’s main stock market closed higher on Wednesday to lead the GCC, as investor sentiment was buoyed by strong earnings results. TASI the main index advanced 1 percent to 13,643, and the parallel market Nomu slipped 0.1 percent to 23,634. Dubai recorded the second-highest gains among GCC members as it added 0.6 percent. Abu Dhabi, Oman, and Kuwait’s bourses
RIYADH: Saudi Arabia’s main stock market closed lower in the previous trading session, following a multiday rally. At the closing bell, TASI was down 0.8 percent to 13,540 points, while the parallel market, Nomu, gained 0.2 percent to reach 24,311. Stock exchanges in Dubai, Qatar, Oman, and Kuwait all rose between 0.3 and 0.6 percent, while those of Abu Dhabi and Bahrain ended