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RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 95.24 points, or 0.79 percent, to close at 12,198.44. The total trading turnover of the benchmark index was SR7.15 billion ($1.9 billion) as 81 stocks advanced, while 144 retreated. Similarly, the MSCI Tadawul Index increased by 17.75 points, or 1.17 percent, to close at 1,530.05. However, the Kingdom’s
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RIYADH: Saudi Arabia’s Tadawul All Share Index began the week positively, gaining 207.01 points, or 1.88 percent, to close at 11,221.96. While parallel market Nomu edged up 25.16 points to 21,513.36, the MSCI Tadawul Index increased 2.16 percent to close at 1,490.24. The total trading turnover of the benchmark index on Sunday was SR4.37 billion ($1.17 billion) as 179 stocks
RIYADH: Saudi Arabia’s Tadawul All Share Index edged up 48.89 points, or0.43 percent, to 11,305.28 on Tuesday, driven by favorable market conditions slightly offset by declining energy prices. While the parallel market Nomu lost just 2.97 points to 21,055.56, the MSCI Tadawul Index inched up 0.36 percent to 1,520.18. The total trading turnover of the benchmark index on Tuesday
RIYADH: Profits of Zain KSA, formally known as Mobile Telecommunication Co. Saudi Arabia, reached a record high of SR550 million ($146.7 million) in 2022. The telecom operator’s profit surged 157 percent from SR214 million in the same period a year earlier on the back of higher revenue, according to a filing to the Saudi Exchange. Its revenue rose from SR7.9 billion in 2021 to