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RIYADH: Saudi Arabia’s main stock index gained 0.3 percent on Tuesday, buoyed by chemical giant Saudi Basic Industries Corp. which posted higher second-quarter profits. TASI closed the session at 12,330, while the parallel Nomu market added 0.6 percent to 22,199. Abu Dhabi and Dubai advanced by 0.2 and 1.1 percent, respectively, while Qatar, Oman, and Kuwait all lost between

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RIYADH: Saudi Arabia’s stock market dropped on Tuesday to lead the fall in the Gulf, despite an above estimated 9.9 percent growth in the gross domestic product in the first quarter, according to official data. On a different note, credit rating agency Moody’s affirmed the Kingdom's rating at ‘A’ with a stable outlook, primarily driven by the government’s fiscal policy

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

Asia saw a rebound in debt markets but lagged the world in equities while soaring commodities helped some but hurt others.

RIYADH: Saudi stocks ended on a lower note yesterday following three days of gains, as investors continued to assess movements in oil prices which spiked to their highest levels in years, amid intensifying geopolitical tensions. The main index,TASI, fell 0.2 percent to reach 12,654, while the parallel market, Nomu, slipped 0.15 percent to 24,962. Other GCC bourses registered

Theeb Company to sponsor 'Ekhaa' charity competitions

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RIYADH: Saudi Arabia’s stock exchange fell for a second consecutive day on Monday as cautious trading took over, and investors braced for more earnings announcements. The main index TASI closed 0.6 percent lower at 12,068 points, partially shrugging off gains from the past two weeks. The parallel Nomu market slipped 0.5 percent to 25,573 points. This was in line with other GCC

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