Petrochemical stocks led Saudi Arabia's all-share index to its highest close in four months after oil prices posted their strongest weekly hike in months and continuing weekly advances for US stocks. The Tadawul All-Share Index (TASI) ended 0.28 p
Gulf stock markets scored fresh gains this week, buoyed by reports that the US economy was slowly recovering and by stable demand for oil that has kept crude prices at around $75 a barrel over the past couple of weeks, financial analysts said Frid
Saudi stocks rallied for the fourth week in a row, led by the petrochemical and banking sectors, as investors awaited the release of the third quarter earnings. The Tadawul All-Share Index (TASI) gained 1.27 percent on weekly basis to cross the
Banks and telecoms helped Saudi Arabia's index reach a three-month closing high on Tuesday as steady global markets boost local sentiment. Al Rajhi Bank climbed 0.6 per cent and Samba Financial Group added 1.2 per cent. Telecoms provider Etihad E
Saudi stock benckmark Tadawul All Share Index (TASI) closed at three-month high as banks and telecoms sectors get a boost from steady global markets. Al Rajhi Bank climbed 0.6 percent and Samba Financial Group added 1.2 percent. Telecoms provider E
Although market bellwether Sabic lost value (down 0.28% at SR90), the Saudi Arabian benchmark index Tasi added 0.25%, finishing at 6,434.9 points. Shares of Zamil Industrial Investment gained 1.59% to close at SR44.60. Further to Zamil Indust
Saudi Arabia's benchmark index Tasi climbed 0.98% higher to close at 6,418.8 points. Market bellwether Saudi Basic Industries Corporation (Sabic) jumped 2.27% to close at 90.25 Saudi Riyal.Its rivals Sahara Petrochemical (up 3.27% at SR20.50) or Ya
Marginal gains in petrochemical stocks led Saudi shares to inch up after oil prices fell for a fourth straight session this week, and a surprise drop in US consumer sentiment data. The all-share index closed 0.15 per cent higher at 6,364 points led by a
Saudi Arabia's stock exchange will close on September 23 (Wednesday) as part of the kingdom's National Day celebrations to mark the foundation of the Saudi state by King Abdulaziz Al-Saud in 1932, the bourse regulator said. Trade will resume on
Marginal gains in petrochemical stocks lead Saudi shares to inch up after oil prices fall for a fourth straight session this week, and a surprise drop in US consumer sentiment data, Reuters reported on Saturday. The Tadawul All-Share Index (TASI) c