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RIYADH: Saudi bourse’s main index, TASI, ended yesterday’s session down 1.34 percent to 11,160 points, partly shrugging off last week’s gains. The parallel market Nomu surged 4.23 percent to reach 27,025 points. The fall in the Saudi bourse came in line with global and regional markets, all threatened by the omicron coronavirus variant. Apart from Saudi, the prior session’s
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RIYADH: SABIC Agri-Nutrients Co.’s board of directors approved, on Dec. 19, the appointment of Abdulrahman Shamsaddin as Chief Executive Officer as of Jan.1, 2022, according to a bourse filing. The appointment comes as the company plans to expand and to lead the global agri-nutrient industry, it said in the statement. Shamsaddin has extensive experience in several fields such
Stock markets in the Gulf rebounded on Monday, mirroring oil prices and global shares as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy.
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Major stock markets in the Gulf traded in a narrow range in early trade on Wednesday as oil prices fell, with the Saudi index on course to extend losses from the previous session.