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Saudi main index opens higher amid stronger market sentiment: Opening bell

RIYADH: The main Saudi stock exchange started the day in positive territory for the fourth consecutive day as investors were buoyed by rising stock prices. As of 10:22 a.m. Saudi time, TASI, the main index, edged up by 0.1 percent to 11,859 points, while the parallel market Nomu opened 0.5 percent lower at 26,022. Saudi Research and Media Group, or SRMG, led the gainers, up ....

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Will TASI extend gains for a fourth day? What to know for January 12

RIYADH: Saudi Arabia’s stock exchange finished higher for the third straight session on Tuesday as investor sentiment boosted amid a wave of record highs for the Kingdom’s stocks. Both the main and parallel indexes advanced. At closing bell, TASI rose 1.5 percent to 11,844 points, and the parallel Nomu market was up 1.2 percent to 26,144 points. TASI led the GCC, followed by ....

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TASI down 0.14% in early trading, SADR hits another all-time high: Opening Bell

IYADH: Tadawul’s TASI fell slightly in morning trading, down 0.14 percent to 10923.48 points. Parallel market Nomu rose 0.43 percent to 23695.58 points. The biggest moving stocks of the day so far were Development Works Food, National Gypsum Co, and Sadr Logistics, up 9.94 percent, 9.9 percent, and 7.14 percent respectively. Shares of Sadr Logistics were trading at another ....

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TASI up marginally; Insurance companies report earnings: Market wrap

Tadawul All Share Index opened at 11,726.19 today, which is 0.03 percent higher than yesterday’s close. Here is a wrap of the market’s latest news: Alujain Holding Corp’s net profit for the first nine months of 2021 climbed by 37 percent to SR209 million ($55.7 million) after a jump in its profit share of NATPET. National Medical Care Company made a net profit of SR99.6 ....

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The Tadawul All Share Index, up 0.5 percent at 11,851 points in early trade

Here’s a wrap of market movements and key earnings as of 10:30am Riyadh time: SABIC Agri-Nutrients net profit more than doubled to SR2.47 billion ($658.6 million) in the first nine months of 2021. Banque Saudi Fransi net profit rose by 69 percent to SR2.457 billion in the first nine months of 2021. Ash-Sharqiyah Development widens net loss to SR3.5 million in the first nine ....

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