The Tadawul All-Share Index (TASI) passed through a lean session yesterday, shedding more than 36 points. The index dived in the south earlier yesterday and reflecting a large downward curve dropped nearly half percent to close in the red territory at
Saudi Arabia's bourse slips at open after new rules by regulator Capital Market Authority (CMA) spook investors. The capital market authority on Sunday said it would limit volatility on firms debut to 10 per cent, changing rules from a previous n
After a couple of days of trading in the green, the Saudi stock market took a reversal yesterday, dropping more than 25 points. The Tadawul All-Share Index (TASI) ended yesterday’s trading in the red at 7,195.17 points, down 0.35 percent, from its
Saudi Arabia’s benchmark stock index continued its upward march for the third straight week, advancing 0.43 percent further. The Tadawul All-Share index (TASI) ended the week at 7,206.27 points, up nearly 31 points, from its previous weekend close at
The Saudi stock market could possibly take the lead in any moves for integration of regional exchanges, say industry analysts. Their reaction came in response to Tadawul CEO Abdullah Al-Suweilmy’s announcement that Saudi Arabia’s stock market is
The Saudi stock market bucked the prevailing 3-day negative trend and turned green yesterday. Saudi Arabia’s benchmark stock index yesterday rose 23.79 points to finish at 7,206.27 after trading between 7,182.48 and 7,217.45. While curving in the u
The Tadawul All-Share Index turned green during the first couple of hours trading on Wednesday 8th May 2013. The index spending the entire session above the break even line reached at 7,213.27 levels, adding 30.78 points or 0.43 percent. The index
Saudi Arabia's bourse is likely to trade in a tight range without fresh catalysts, as uncertainty over global oil prices continues to dampen petrochemical stocks, traders say. "We're not seeing local incentives - a lot of companies are at fair value a
The Capital Market Authority is finalizing a regulatory framework which will allow foreigners to directly own stocks in Saudi Arabia, though the market has no need for liquidity from international investors, says its Chairman Mohammed bin Abdul
The Saudi stock market continued its negative movement, marking another small decline of 0.09 percent yesterday. The Tadawul All-Share Index (TASI) bouncing between green-red within a low range of 22.3 points ended nearly 6.6 points lower to 7,182.48.