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RIYADH: Saudi main index began the week’s trading session almost flat as investors awaited earning results. TASI edged up 0.09 percent to 11,998, while Nomu was unchanged at 20,955 as of 10:08 a.m. Saudi time. Salama Cooperative Insurance Co. surged 9.45 percent, leading gainers, while United Cooperative Assurance Co. slipped 8.68 percent, leading the fallers. Saudi Investment
RIYADH: The Saudi main index ended the week’s first trading session in red as investors continued to watch the market in anticipation of earnings results. TASI edged down 0.11 percent to 11,975, while Nomu rose 0.46 percent to 21,056. Salama Cooperative Insurance Co. surged 9.97 percent, leading the gainers since the opening, while United Cooperative Assurance Co. slipped 9.92
RIYADH: Saudi stocks began the week’s final session on a positive note, recovering from a recent selloff sparked by interest rate hikes around the globe to tame inflation. The main index, TASI, started 29 percent higher at 11,808, while the parallel market, Nomu, started almost flat at 20,768 as of 10:08 a.m. Saudi time. Naseej International Trading Co. gained 5.14 percent,
RIYADH: Saudi stocks began the morning session on a positive note on Wednesday, buoyed by higher oil prices. The main index, TASI, started 0.40 percent higher at 11,808, while the parallel market, Nomu, rose 0.11 percent at 20,839 as of 10:07 a.m. Saudi time. In energy trading, Brent crude hit $106.14 a barrel and US West Texas Intermediate reached $102.82 a barrel, as of
RIYADH: Saudi stocks opened higher in the early morning trading session, despite ongoing market fears of higher interest rates weighing on investors' sentiment. The main index, TASI, gained 0.11 percent to reach 11,477, while the parallel market, Nomu, started flat at 21,082, as of 10:08 a.m. Saudi time. This was led by a rise in the banking sector, with Al Rajhi, the