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RIYADH: The Saudi stock market rebounded slightly from two consecutive days of losses as it saw a series of dividend announcements earlier today. As of 10:17 a.m. Saudi time, the main index TASI went up by 0.5 percent to 11,217 points, while the parallel market Nomu rose 0.27 percent to 26,308 points. The top gainer as of morning trading was Wafrah for Industry Co. which
RIYADH: As concerns over the spread of Omicron mounted and investor uncertainty aroused, most of the Gulf Cooperation Council’s stock exchanges ended lower on Monday, including Saudi Arabia. Saudi bourse’s main TASI index edged down slightly to 11,161 points, while the parallel market, Nomu, declined around 1 percent to 26,237 points. The Qatari index, QSI, and Oman’s index,
RIYADH: The Kingdom’s stock exchange saw gains on Tuesday with most of the stocks ending in green territory after recouping two-day losses, thus reviving investor optimism despite omicron worries. Both Saudi indexes – TASI and Nomu – ended the session higher, up 1.4 percent and 1.8 percent to 11,315 and 26,705 points, respectively. The latest gain put TASI on the road to
RIYADH: Amid last week’s dominating theme of initial public offerings and dividends, Saudi stocks soared to end the trading week higher as investor sentiment boosted. Saudi Arabia’s main stock index, TASI, last closed at 11,271 points, up 111 points from a week earlier and up 30 percent year-to-date, marking its biggest annual leap since 2010. With the latest gain, TASI has
Saudi Arabia had 7 million cyberattacks in 2021 The report said that one of the most common attacks were against the protocols used by employees to access corporate resources remotely, emphasizing the need for cybersecurity awareness Updated 26 March 2021 March 26, 2021 23:33 JEDDAH: Remote working during the COVID-19 pandemic continues to present security threats and risks to companies and employees in Saudi Arabia, with 7 million cyberattacks hitting the country in the first two months of 2021, according to a new report. The report, from cybersecurity firm Kaspersky, said that Saudi Arab...