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RIYADH: Saudi Arabia’s main index, TASI, wiped out early morning losses in the final trading session before Eid break, adding 0.63 percent to 11,416. This follows Al Rajhi Capital’s forecast that the Saudi stock market is not expected to suffer sharp declines. Mazen Al-Sudairy, head of research at Al Rajhi Capital, told Ashraq the oil price will remain above $90, which is ....
RIYADH: Saudi stocks finished lower on Tuesday for the third time this week amid fears of unstable oil prices and slowing economic growth. The main index, TASI, fell 0.12 percent to 11,344, weighed down by a 7.37 percent drop in Methanol Chemicals Co. and a 4.6 percent decline in Sahara International Petrochemical Co. The parallel market, Nomu, ended Tuesday’s session with a ....
RIYADH: Saudi stock markets extended losses as investors worried that the latest central bank efforts to curb inflation would lead to rapid economic slowdowns. The main index, TASI, fell 0.93 percent to reach 11,358, while the parallel market, Nomu, dropped 1.94 percent at 20,672. Fawaz Abdulaziz Alhokair Co. led the decliners since the market opened with a 9.99 percent fall, ....
RIYADH: Saudi Arabia's main market began the week higher as investors monitored the uncertainty in the energy market and watched for new corporate results. TASI, started 0.23 percent higher to reach 13,652, while the parallel market, Nomu, fell 0.22 percent to reach 24,365, as of Sunday 10:07 a.m. Saudi time. As for energy trading, oil prices edged upward on Friday, but ....
/PRNewswire/ The pentaerythritol market size is expected to grow by USD 414.45 mn from 2021 to 2026, progressing at a CAGR of 4.1% during the forecast. ....