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Closing bell: Saudi benchmark index continues its upward momentum, edges up 0.28%

RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday gained 29.83 points or 0.28 percent to close at 10,795.60. While MSCI Tadawul 30 Index edged up 3.37 points to close at 1,495.84, the parallel market Nomu slumped 187.73 points to end at 19,164.59. TASI’s total trading turnover of the benchmark index on Tuesday was SR3.57 billion ($950 million), with 112 stocks of ....

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Closing Bell: TASI sheds 0.12% as US Fed raises interest rates specter

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 13 points or 0.12 percent to close at 10,634.06 on Tuesday, trailing the global markets after US Federal Reserve officials issued a stark reminder that the interest rates would keep rising. While Nasdaq composite and Tokyo Stock Exchange gained 0.63 percent and 0.78 percent, respectively, leading stock markets such as ....

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Closing Bell: Saudi stock market slips 129 points as oil prices weigh down

RIYADH: Saudi Arabia’s Tadawul All Share Index snapped its three-day rally by falling 129.04 points or 1.21 percent on Wednesday to close at 10,516.90, burdened by the concerns of a sharp fall in crude oil prices and lingering demand concerns. Brent LCOc1 futures fell 2.3 percent or $1.88 to $80.22 a barrel by 1:32 p.m. Riyadh time, even as US crude CLc1 slipped 2.2 ....

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TASI loses some ground on dropping oil prices: Closing bell

RIYADH: Saudi Arabia's main index ended on a negative note on Monday, as Brent crude oil fell by $1 to $94.99 a barrel. The Tadawul All Share Index was down 0.44 percent to close below 11,197 level, whereas the parallel market Nomu saw a 0.11 percent decrease to reach 19,002. Raydan Food Co. climbed 9.89 percent as it was among the top gainers. Moreover, earlier in the ....

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TASI ends first session of week positively: Closing bell

RIYADH: Saudi Arabia's main index ended the first session of the week positively, following the Kingdom's green initiatives in Sharm El-Sheikh last week. The Tadawul All Share Index was up 0.31 percent at 11,246, while the Nomu parallel market saw a 0.61 percent rise at 19,024. Tadawul Group fell 9.92 percent, after the completion of the Public Investment Fund’s sale of 10 ....

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