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RIYADH: Saudi stocks rose for a second straight day as investor worries eased in the market despite steep rises in oil prices and dismal predictions for the coming month. As of Monday’s closing bell, the main index, TASI, gained 1.72 percent to reach 12,907 while the parallel market, Nomu, added 1.81 percent to 22,808. Saudi Industrial Export Co. rallied 9.94 percent, leading

RIYADH: Saudi Arabia’s main index closed higher today, boosted by optimism from investors as earnings season concluded on a positive note, after listed companies reported 73 percent profit growth in the first quarter. As of Wednesday’s closing bell, TASI gained 2.34 percent to reach 12,588, while the parallel market, Nomu, slipped 1.04 percent to 22,020. In the financial

RIYADH: The Saudi main index ended Monday with another steep decline, as fluctuating oil prices and mixed earnings reports weighed on investors' sentiment again. As of the closing bell, TASI edged 0.80 percent lower to reach 12,235, while the parallel market, Nomu, added 0.15 percent at 22,363. In the energy sector, Brent crude rose to $113.70 a barrel and US West Texas

RIYADH: Saudi stocks opened higher in the first trading session of the week following positive earnings reports. The main index, TASI, added 0.70 percent to reach 12,515, while the parallel market, Nomu, rose 0.76 percent at 22,678, as of 10:09 a.m. Saudi time. Saudi Industrial Export Co. gained 4.83 percent to lead the gainers, while Malath Cooperative Insurance Co. fell 4.17

RIYADH: Saudi stocks closed lower in the last trading session of the week as mixed earnings reports and changing crude prices affected investor outlook. In the energy market, Brent crude prices declined, settling at $107.45 a barrel, while US WTI crude traded at $107.00 a barrel, as of 3:28 a.m. Saudi time. The main index, TASI, fell 2.24 percent to reach 12,427, while the