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Saudi bourses feel the heat as US debt ceiling clouds global markets - Vimarsana News

Saudi bourses feel the heat as US debt ceiling clouds global markets

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 46.52 points to close at 11,138.05 on Sunday, exercising caution ahead of the US debt ceiling decision that has gripped global markets. While the parallel market Nomu slipped slightly to 21,0553.54, the MSCI Tadawul Index closed flat at 1,483.75. The total trading turnover of the benchmark index was SR4.66 billion ($1.24

Closing bell: TASI sheds 0.47%; Nomu rebounds 231 points - Vimarsana News

Closing bell: TASI sheds 0.47%; Nomu rebounds 231 points

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 53.42 points, or 0.47 percent, on Tuesday to close at 11,275.77. The parallel market Nomu, which lost 183.81 points on Monday, rose by 230.64 points to close at 20,834.64 on May 23. The MSCI Tadawul Index dropped 0.73 percent to 1,509.98. The total trading turnover of the benchmark index was SR6.64 billion ($1.77 billion).

Aramco signs 3 deals with key steel pipe manufacturers in Kingdom - Vimarsana News

Aramco signs 3 deals with key steel pipe manufacturers in Kingdom

RIYADH: In a bid to secure a substantial supply of steel pipes, Saudi oil giant Aramco has signed three contracts estimated at around $493 million with the Kingdom’s leading steel pipe manufacturers. East Pipes Integrated Co. has been awarded a contract to manufacture and supply steel pipes to the oil company, following a deal worth SR1.8 billion ($479.9 million), according to

Closing bell: TASI closes flat, Ma'aden's net profit slumps 81% in Q1 - Vimarsana News

Closing bell: TASI closes flat, Ma'aden's net profit slumps 81% in Q1

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 12.63 points or 0.11 percent on Monday to close at 11,329.19, following the flat line it spurred on Sunday. While the parallel market Nomu lost 183.81 points to 20,604, the MSCI Tadawul Index dropped slightly by 0.36 percent to 1,521.05. The total trading turnover of the benchmark index was SR6.78 billion ($1.81 billion).

Aramco signs 3 deals with key steel pipe manufacturers in Kingdom - Vimarsana News

Aramco signs 3 deals with key steel pipe manufacturers in Kingdom

RIYADH: In a bid to secure a substantial supply of steel pipes, Saudi oil giant Aramco has signed three contracts estimated at around $493 million with the…

Source: biztoc.com