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RIYADH: The Saudi stock market began Tuesday’s session on a positive note, after oil prices rose further in the early hours of the day. The main index, TASI, edged up 0.28 percent at 12,565, while the parallel Nomu started flat at 21,517, as of 10:06 a.m. Saudi time. In energy trading, Brent crude increased to $104.28 a barrel, while US West Texas Intermediate reached $96.67 a ....
RIYADH: The Saudi stock market ended Tuesday’s session on a downward note, with oil prices tumbling following a steep rise. The Tadawul All Share Index dipped 0.6 percent at 12,455, while the parallel market, Nomu, advanced 0.39 percent at 21,595. Oil giant Saudi Aramco ended the session with a 0.78 percent decline, while Methanol Chemicals Co. dropped 1.41 percent. In the ....
RIYADH: Saudi stocks moved higher in the early trading hours of Monday, with oil prices staying above $100 per barrel. The Tadawul All Share Index began 0.29 percent higher at 12,562, while the parallel Nomu fell 0.22 percent at 21,714 as of 10:08 a.m. Saudi time. Oil giant Saudi Aramco started the session with a 0.39 percent gain, while Methanol Chemicals Co. added 0.51 ....
RIYADH: The Saudi stock market mimicked global counterparts with stocks ending almost flat on Monday, as investors worry about inflation-related economic slowdowns. The Tadawul All Share Index ended at 12,530, while the parallel Nomu fell 1.16 percent at 21,510. Oil giant Saudi Aramco ended the session with a 0.65 percent decline, while Methanol Chemicals Co. declined 0.13 ....
RIYADH: Aldawaa Medical Services Co. saw its profits soar 27 percent during the first half of 2022 as a result of higher sales. In line with profits, Aldawaa’s board proposed a half-year cash dividend payout of SR106 million ($28 million) at SR1.25 per share, bourse filings show. The pharma operator’s profits hit SR168 million during the first half, compared to SR131 million ....