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RIYADH: Saudi stocks rose for a second straight day as investor worries eased in the market despite steep rises in oil prices and dismal predictions for the coming month. As of Monday’s closing bell, the main index, TASI, gained 1.72 percent to reach 12,907 while the parallel market, Nomu, added 1.81 percent to 22,808. Saudi Industrial Export Co. rallied 9.94 percent, leading ....
RIYADH: Saudi stocks ended higher on Sunday, despite investors' concerns about the risk-off sentiment caused by recession fears. The main index, TASI, gained 1.27 percent to reach 12,689, while the parallel market, Nomu, advanced 0.58 percent at 22,402. Halwani Bros. Co. gained 8.07 percent, leading gains; Saudi Industrial Export Co. slumped 8.86 percent, leading the fallers. ....
RIYADH: The Saudi main index opened the week on a positive note despite a global risk-off sentiment amid recession fears. The main index, TASI, gained 0.92 percent to reach 12,645, while the parallel market, Nomu, started almost unchanged at 22,266, as of 10:06 a.m. Saudi time. National Agricultural Development Co., or Nadc, gained 6.80 percent, leading the market gainers; ....
RIYADH: Saudi stocks extended their gains on Thursday as investor optimism increased following a strong earnings season. The main index, TASI, gained 0.53 percent to reach 12,656, while the parallel market, Nomu, started flat at 22,020, as of 10:08 a.m. Saudi time. Buruj Cooperative Insurance Co. gained 2.39 percent, leading the market gainers; Wataniya Insurance Co. fell 4.23 ....
RIYADH: Saudi Arabia’s main index reversed some of its gains to close lower on the last trading day of the week, as investor concerns shifted over a recession. As of Thursday’s closing bell, TASI, fell 0.47 percent to reach 12,530, while the parallel market, Nomu, gained 1.14 percent at 22,272. Alhokair Group was up 10 percent, leading the market gainers; Wataniya Insurance ....