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Closing bell: Saudi bourse continues downward trend amid economic uncertainties

RIYADH: The Tadawul All Share Index continued its downward trend on Tuesday, losing 67 points, or 0.59 percent, to close at 11,218.61, primarily driven by expectations of interest rate hikes by the US Federal Reserve and dropping oil prices. While the parallel market Nomu also dropped 299.51 points to close at 20,863.29, the MSCI Tadawul Index slightly gained 0.13 percent to ....

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Closing bell: TASI rises 141.6 points on recovering oil prices

RIYADH: Saudi Arabia’s Tadawul All Share Index increased 141.62 points on Tuesday – or 1.39 percent – to close at 10,359.74, from 10,218.12, thanks to oil price rise, extending a recovery. MSCI Tadawul 30 Index also increased 1.64 percent to 1,410.74, and the parallel market, Nomu, edged down by 0.21 percent closing at 18,928.89. TASI’s total trading turnover of the benchmark ....

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Closing bell: TASI sheds 23 points to close at 10,496

RIYADH: Saudi Arabia’s Tadawul All Share Index lost 23.15 points or 0.22 percent on Tuesday to close at 10,496.59. While MSCI Tadawul 30 Index fell 0.30 percent to 1,434.66, the parallel market Nomu closed 42.25 percent lower at 19,398.79. TASI’s total trading turnover of the benchmark index was SR3.81 billion ($1.02 billion) as 80 stocks of the listed 224 advanced and 125 ....

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