Saudi Arabia’s Tadawul All-Share Index (TASI) hit a two-week high on Sunday, buoyed by steady earnings and end-of-week gains in world equities and oil prices as similar sentiment lifted most Middle East bourses. Saudi Basic Industries Corp (SABIC)
The Middle East markets are seen opening higher on Sunday as end-of-week gains on international bourses and an upbeat start to the regional earnings season boosts sentiment. Saudi Arabia's index climbed 2.4 per cent on Saturday, its biggest rise for a
Saudi shares gained the most in a month on the first day of the week after second-quarter earnings came in above analysts’ expectations. Benchmark Tadawul All-Share Index (TASI) rose 2.38 percent to close at 6,200.26 points, the highest level since J
Saudi shares gained the most in a month yesterday after second-quarter earnings came in above analysts’ expectations and as US and European stocks rose and crude oil prices advanced. The Tadawul All Share Index rose 2.4% to 6,200.26, the highest lev
Saudi shares moved up and down last week in what analysts described as profit-taking tactics to make benefit from temporary rallies. The market then witnessed a very short-lived rally on Monday and Tuesday which could not sustain for long and ended th
Saudi shares gained the most in a month on the first day of the week after second-quarter earnings came in above analysts’ expectations. Saudi Basic Industries Corp., the world’s largest petrochemical maker, Al Rajhi Bank, the kingdom’s largest lender
Gulf stock markets were volatile this week in response to fluctuations on world markets, conflicting recovery signals and expectations of second quarter earnings, financial analysts said Friday. An improved global outlook helped boost investor
Saudi shares moved up and down last week in what analysts described as profit-taking tactics to make benefit from temporary rallies. The market then witnessed a very short-lived rally on Monday and Tuesday which could not sustain for long and ended th
Saudi share prices fell the most in more than a week as concern on economic growth pushed global stocks lower and as short-term investors dominate activity, with large portfolio holders barred from trading during earnings season. Saudi stock ben
Middle East markets were mixed on Wednesday, with some investors using renewed declines in world equities as a signal to book profits from early-week gains. Doha's index rose for a third day, bolstered by Qatar National Bank's above-forecast 35 pe