RIYADH: Saudi Arabia's main benchmark index ended lower for a second consecutive day on Wednesday, tracking a drop in oil prices. TASI slipped 0.2 percent to 12,291 while the parallel market, Nomu, added 1 percent to 21,758. Dubai, Abu Dhabi, and Bahrain declined in line with Saudi Arabia, losing between 0.2 and 0.5 percent. The Kuwaiti bourse ended flat, while stock exchanges
RIYADH: Saudi stocks ended their first trading session of July in red, extending losses after an 11-percent decline in June due to fears over inflation and recession. TASI, the main benchmark index, fell 0.5 percent to 11,464 on Sunday and the parallel market, Nomu, shed 2.3 percent to 21,082. Oman’s stock exchange declined 0.3 percent in line with Saudi Arabia. However, the
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