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RIYADH: Saudi stocks ended slightly higher on Sunday amid strong oil prices that dipped a day later on the back of geopolitical worries. TASI, the main index, finished 0.4 percent higher at 12,999, even as the biggest player in the Saudi oil market, Aramco, was down 1.76 percent. The parallel market, Nomu, rose 0.62 percent to 24,215. In line with the Saudi bourse, most GCC
RIYADH: The Saudi stock market started Monday flat as uncertainty about the war in Ukraine and rising oil prices persisted. The main index, TASI, and the parallel market, Nomu, opened flat at 12,990 and 24,186 points, respectively, as of 10:08 a.m. Saudi time In energy markets, Brent crude oil reached $116.11 per barrel, while WTI crude oil neared $109, as of 10:18 a.m. Saudi
RIYADH: Saudi Arabia’s stock market closed last trading week lower, as TASI extended losses, investors remained cautious on omicron fears, and earnings season moved into high gear. In the latest session, TASI slipped 0.4 percent to reach 12,142 points, while the parallel market, Nomu, inched up by 0.1 percent to 25,215 points. The main indexes of Qatar, Bahrain, Oman, and
RIYADH: The Saudi stock exchange extended gains on Wednesday as investors reacted to a strong rebound in the energy market, where Brent crude oil crossed $89 per barrel. TASI, the main index, registered gains standing at 0.6 percent, reaching 12,183 points, and the parallel market Nomu inched up by 0.5 percent to close at 25,688 points. Elsewhere in the Middle East, bourses of
The Tadawul All Share Index, TASI, rose by 0.01 percent to surge past 11,890 points in early trade today. Herfy Food Services posted a net profit of SR60.1 million ($16 million) in the third quarter of the year. Retail investors start a subscription to 1.5 million shares of Arabian Contracting Services Co. (Al Arabia) today. Retailer Jarir signed a contract to sell a land plot