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TASI is up as oil prices retreat slightly: Opening bell

RIYADH: Saudi Arabia’s stock market opened higher In the last trading session of the week following a slight dip in oil prices. The main index, TASI, rose 0.45 percent to reach 12,031, while the parallel market, Nomu, rose 0.38 percent to 21,383, as of 10:06 a.m. Saudi time. In energy trading, Brent crude reached $119.42 a barrel and US West Texas Intermediate traded at ....

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Saudi stocks slightly higher even as investors remain uncertain: Opening bell

RIYADH: Saudi Arabia's stock market rose slightly on Wednesday, despite recent uncertainty remaining among investors. The main index, TASI, added 0.36 percent at 12,064, while the parallel market, Nomu, fell 0.98 percent at 21,294, as of 10:10 a.m. Saudi time Aljazira Takaful Taawuni Co. topped the gainers’ list with a 4.57 percent increase, while Arab Sea Information System ....

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TASI falls below 12,000 points as market concerns mount: Closing bell

RIYADH: Saudi Arabia’s stock market closed lower on Wednesday falling below 12,000 points as investors fretted about the global economy. Saudi Arabia’s main index, TASI, fell 0.35 percent to reach 11,978, while the parallel market, Nomu, fell 0.95 percent to 21,301. Wafrah for Industry and Development Co. topped the list with a 9.97 percent gain, after winning shareholder ....

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TASI rebounds after losing ground in the previous sessions: Opening bell

RIYADH: Saudi Arabia's stock market rebounded on Tuesday following a steep decline in the previous session due to investor concern over the slowing economy. The main index, TASI, added 0.34 percent at 12,093, while the parallel market, Nomu, lost 0.38 percent at 21,379 and, as of 10:08 a.m. Saudi Arabia. SEDCO Capital REIT Fund led the gainer's list with 3.83 percent rise, ....

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TASI down on rising inflation: Closing bell

RIYADH: Saudi Arabia's stock market ended lower on Tuesday as inflation worries escalated amidst rising concern about the global economy following Beijing's COVID-19 warning. The main index, TASI, fell 0.27 percent ending the day at 12,020, while the parallel market, Nomu, added 0.21 percent at 21,505. Saudi Arabian Cooperative Insurance Co. topped the gainer's list with a 10 ....

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