RIYADH: Saudi stocks ended the day higher on Tuesday despite a dive in global stock markets as another huge leap in oil prices raised the spectre of inflationary pressures. At the closing bell, the main index, TASI, closed 0.34 percent higher to 12,851, while the parallel market Nomu fell 0.35 percent to 24,542. In the energy market, Brent crude prices climbed to $126.08 per
RIYADH: Saudi Arabia’s stock market resumed its gains momentum on Sunday in line with a Friday rally in global stocks despite rising geopolitical tensions. Fueled by strong earnings, the main index, TASI, rose 0.98 percent to 12,418 points. The parallel market, Nomu, gained 0.04 percent to 24,952. In line with the Saudi index, Middle Eastern bourses, including Qatar, Egypt,
RIYADH: Saudi Arabia's main index, TASI, opened lower on Monday as the Ukraine-Russia conflict dampened sentiment and oil prices continue to rise. As of 10:07 a.m. Saudi time, TASI opened 0.03 percent lower to reach 12,414, while the parallel market, Nomu, edged up 0.09 percent to 24,973. In energy trading, Brent crude hit $102.62 per barrel, and US benchmark WTI reached
The Tadawul All Share Index, TASI, was down 0.2 percent at 11,845 points in early trade today. Here’s a wrap of market movements as of 10:30am Riyadh time: Arab National Bank profits declined 0.6 percent in the third quarter to SR665 million ($117 million). This fall was due to an increase in salaries, employee expenses and other general and administrative costs, the bank said