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RIYADH: Saudi stocks finished Monday’s session in the red as the Organization of the Petroleum Exporting Countries and its allies agreed to a small production cut to bolster prices. The main index TASI slid 0.8 percent to finish at 12,099, while the parallel Nomu market declined 1.7 percent to 21,274. Abu Dhabi’s bourse recorded the steepest decline among Gulf markets, falling

RIYADH: The Saudi stock market ended Tuesday’s session lower, with oil prices returning to levels below $100 per barrel. Saudi Arabia’s main index TASI fell 0.87 percent to finish at 11,994, while the parallel market Nomu slipped 1.99 percent to 20,851. Saudi oil giant Aramco shed 0.93 percent, while Rabigh Refining and Petrochemical Co. plunged 3.1 percent. The Saudi National

RIYADH: Saudi Arabia’s stock market advanced on Monday in line with most Gulf peers, as positive earnings reports propelled stock gains. TASI, the main index, rose 0.7 percent to 12,297, while Nomu, the parallel market, surged 1.4 percent to 22,072. Abu Dhabi outperformed the Gulf as it finished 1.9 percent higher, followed by Qatar and Dubai with a 1.4 and 1 percent gain,

RIYADH: Saudi Arabia’s main stock market edged down on Tuesday, even as positive earnings reports continued to kick in. The main index TASI finished 0.23 percent lower at 12,310, while the parallel Nomu market added 0.2 percent to 21,547. While most Gulf stock markets ended in the red zone, Abu Dhabi and Oman bucked the trend with each gaining 1.2 percent on Tuesday. Dubai,

RIYADH: Saudi Arabia’s stock market dropped on Tuesday to lead the fall in the Gulf, despite an above estimated 9.9 percent growth in the gross domestic product in the first quarter, according to official data. On a different note, credit rating agency Moody’s affirmed the Kingdom's rating at ‘A’ with a stable outlook, primarily driven by the government’s fiscal policy