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RIYADH: Saudi Arabia’s Tadawul All Share Index increased 181.08 points on Sunday – or 1.82 percent – to close at 10,157.73 compared to its previous closing at 9,976.65. While MSCI Tadawul 30 Index dropped 2.23 percent to 1,377.21, the parallel market, Nomu, edged down slightly by 0.18 percent to 18,977.13. TASI’s total trading turnover of the benchmark index was SR7.6 billion
RIYADH: Saudi Arabia’s Tadawul All Share Index fell 97.92 points — or 0.95 percent — to close at 10,207.17 on Tuesday as the looming US banking crisis clouded the investor sentiment globally. The collapse of Silvergate Bank, Silicon Valley Bank and Signature Bank in the last week has spurred an exodus of investors from equities to safe havens such as gold and bonds. Stock
RIYADH: Saudi Arabia’s Tadawul All Share Index fell 79.36 points — or 0.76 percent — to close at 10,383.82 on Sunday. MSCI Tadawul 30 Index and the parallel market Nomu closed slightly lower at 1,409.41 and 18,965.30, respectively. The total trading turnover of the benchmark index was SR3.42 billion ($910 million) as 75 stocks of the listed 224 advanced and 132 retreated.
Most stock markets in the Middle East ended lower on Sunday, with the Egyptian bourse leading the declines, in response to Friday’s fall in global shares over fears of contagion following the collapse of Silicon Valley Bank. The startup-focused lender became the largest bank to fail since the 2008 financial crisis on Friday, roiling global markets and leaving billions of
RIYADH: Saudi Arabia’s Tadawul All Share Index rose 89.56 points — or 0.84 percent — on Thursday to close at 10,051.78, led by sustained buying in all large-cap stocks. The Banking Index moved up 1.63 points to 10,714.58, led by about a 3 to 3.5 percent increase in the share prices of Banque Saudi Fransi, Saudi British Bank, Alinma Bank and Arab National Bank. TASI’s total