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Closing bell: Tasi reverses gains after nine sessions of ascent

RIYADH: After continuing the upward trend for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index fell on Wednesday – down 27.97 points, or 0.26 percent, to 10,920.63. The parallel market Nomu also edged down by 326.37 points or 1.62 percent to 19,799.26, and the MSCI Tadawul 30 Index dipped by 0.36 percent to close at 1488.37. The total trading turnover of the ....

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Closing bell: TASI plunges 143 points to close at 10,589

RIYADH: Saudi Arabia’s Tadawul All Share Index on Sunday lost 143.21 points or 1.34 percent to close at 10,588.58. MSCI Tadawul 30 Index dropped 1.45 percent to 1,454.10, while the parallel market, Nomu, slipped 0.48 percent to 18,905.15. TASI’s total trading turnover of the benchmark index was SR3.77 billion ($1 billion), with 46 stocks of the listed 224 advancing and 172 ....

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Saudi stocks ends in red to reverse six straight gains: Closing bell

RIYADH: Saudi Arabia’s main index closed in the red on Wednesday, reversing its gains from the previous six trading sessions. The Tadawul All Share Index slipped 0.09 percent to end at 11,770 while the parallel market Nomu edged down 0.63 percent to finish at 20,210. Saudi oil giant Aramco ended the session with a 0.14 percent decline, while Rabigh Refining and Petrochemical ....

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Saudi stocks fell on earnings watch: Closing bell

RIYADH: The Saudi main index fell for the second straight session on Tuesday, as investors kept a close eye on earnings results and climbing oil prices. Brent crude rose to $114.95 a barrel, and West Texas Intermediate settled at $114.77 a barrel, as of 3:14 p.m. Saudi time. The Saudi main stock index, TASI, fell 1.74 percent to reach 12,689, while the parallel market, Nomu, ....

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