A real estate stock rally extended in Saudi Arabia yesterday, helping lift the bourse for a third consecutive session, while foreign investors bought Egyptian bluechips battered by recent political turbulence. Qatar’s benchmark index declined 0.7% to
The Tadawul All-Share Index (TASI) continued its upward march, marking another gain of 0.84 percent yesterday. While curving in the upward territory throughout the day it added further 62.92 points, closing at 7,526.29 points. On a year-to-date bas
The subscriptions to IPOs (initial public offerings) in the Saudi stock market dropped drastically during the year, according to a recent economic study. "The total amount of IPO subscriptions since the beginning of the year till June fell to SR 1.2
Saudi Arabia’s benchmark index recovered most of its early-week losses yesterday as investor concerns of a political conflict in Syria spreading wider to the region eased, while all other Arab markets also rose. Qatar’s index ticked up 0.06% to 9,43
Saudi Arabia’s benchmark stock index (TASI) recorded a handsome gain of 1.81 percent, which is the highest intra-day increase since the start of 2013. The index continued pacing its way higher throughout the day to achieve 132.89 points in a single
The Tadawul All-Share Index kept its upward travel during the first couple of hours trading on Monday 17th June, 2013. The index trading between a range of 122.9 points spent the entire session above the break even line, reaching at 7,439.82 levels, up
The Saudi stock market turned green yesterday, recovering half percent from the biggest dip of previous day. Saudi Arabia’s benchmark stock index (TASI) dug in at 7,330.48 and ended its yesterday’s trading up over 36 points. It went 67.6 points above
The Tadawul All-Share Index moved up to add 0.44 percent during the first couple of hours trading on Sunday 16th June 2013. The index while trading between a range of 94 points reached at 7,326.40, adding 32.02 points. The market breadth was strong w
Shares on Saudi Arabia’s stock exchange, the Arab world’s biggest, had the largest drop in almost two years, led by banks and telecom companies, amid concern that fighting in Syria may escalate. Al Rajhi Bank, the biggest Saudi lender by market val
Saudi stocks drop heavily in early trade on Saturday after global equity markets slide and on events in Syria. The Kingdom's benchmark all-share index falls 1.83 percent to 7,483.83 points while petrochemicals and banking stocks also fall. The