RIYADH: The Saudi main stock index gained for a second straight day on Tuesday, propelled by positive market cues in response to a new batch of sanctions on Russia. Even as TASI closed 0.32 percent higher at 13,206 points, the parallel market, Nomu, lost almost 1 percent to 24,214. In line with the Saudi index, stock exchanges in Abu Dhabi, Qatar, Bahrain, Oman, and Kuwait all
RIYADH: Saudi stocks ended slightly higher on Sunday amid strong oil prices that dipped a day later on the back of geopolitical worries. TASI, the main index, finished 0.4 percent higher at 12,999, even as the biggest player in the Saudi oil market, Aramco, was down 1.76 percent. The parallel market, Nomu, rose 0.62 percent to 24,215. In line with the Saudi bourse, most GCC
RIYADH: Saudi Arabian stocks wrapped up the previous trading week with gains, mirroring a strong oil market despite ongoing geopolitical tensions. TASI finished the week 1.4 percent higher after trading flat at 12,948 points in Thursday’s session, which saw the parallel market, Nomu, drop 1.7 percent to 24,067. Elsewhere in the GCC, Kuwait led the gainers as it added 1.2
RIYADH: Saudi Arabia's main index opened higher on Monday for the second consecutive day, as oil prices continued to surge. As of 10:08 a.m. Saudi time, TASI rose 0.57 percent to 12,876, while the parallel market, Nomu, dropped 0.28 percent to 24,683. Brent oil jumped almost 10 percent to as high as $129.63 a barrel in early Monday trading, and US benchmark WTI gained 8.7