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Saudi stock market gains 93 points led by rekindled investor spirit: Closing bell

RIYADH: Saudi Arabia’s Tadawul All Stock Index on Tuesday made a startling comeback after touching a low of 10,055.56 at 11:13 a.m. to close 93.97 points up — or 0.92 percent — to 10,280.15, led by buying in almost all sectors. The materials and utility sectors ushered the rally, which gained 2.29 percent and 1.1 percent, respectively. The capital goods and banking sectors
Saudi Arabia Ar Riya United States Junaid Ansari Arabian Aramco Total Services Co Saudi Top For Trading Co

Closing Bell: TASI tiptoes along to global market cues, closes up 27 points

RIYADH: Saudi Arabia’s stock market eked out a muffled gain of 26.98 points to close at 10,248 on Wednesday, exercising caution ahead of the US Federal Reserve’s interest rate decision. The Tadawul All Share Index touched a high of 10,386 at 10:27 a.m. Saudi time, spurred by the brief optimism around US inflation data reporting a less-than-expected increase over the last
Saudi Arabia Ar Riya Junaid Ansari Kamco Investment Co Petrochemical Co Royal Commission For Alula

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Plastic and chemicals trader Saudi Top to list 22% stake on Nomu

RIYADH: Plastic and chemicals trader Saudi Top for Trading Co. will conduct an initial public offering of 880,000 ordinary shares on the Nomu parallel market This represents around 22 percent of Riyadh-based Saudi Top’s share capital, according to a bourse filing. The end price of the offering is expected to be determined once the book-building process for the offering has
Saudi Arabia Ar Riya Saudi Top Trading Co Saudi Top For Trading Co Saudi Exchange Capital Market Authority

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