Saudi Arabia’s benchmark stock index (TASI) dug in at 7,166.93 and ended its yesterday’s trading up over 0.37 percent. The index traded within a range of 30.6 points, adding 26.10 points for the entire day. On an YTD basis, TASI registered a posi
The Tadawul All-Share Index moved up slightly to add 0.20 percent during the first couple of hours trading on Monday 29th April 2013. The index while trading between a range of 27.07 points reached at 7,154.95, adding 14.12 points. The market breadth
The Saudi stock market was in the red yesterday, reversing after a 6-day surge and dropping a few points merely. The Tadawul All-Share Index (TASI) stepped down 9.14 points or 0.13 percent to close at 7,140.83 points yesterday. While curving in the
The Saudi stock market spending most of the session below the break even line trimmed 18.43 points or 0.26 percent during the first hour of trading on Sunday 28th April 2013. The Index trading between a range of 31.39 points reached at 7,131.54 le
Saudi Arabia’s benchmark stock index rose to the highest level in almost two weeks yesterday, led by Savola Group and Saudi Arabian Cement Co as earnings beat estimates, Bloomberg said. Savola, a food retailer, advanced to a more than six-year high,
The Saudi Capital Market Authority (CMA) board has approved Aljazira Takaful Ta’awuni Company’s (ATT) initial public offering (IPO) of 10,500,000 shares, representing 30 percent of its share capital, amounting to SR 350 million. The offer price will be
The Saudi stock market continued its upward march and rose for a sixth session yesterday. The Tadawul All-Share Index (TASI) closed higher at 7,149.97 points. It added further 22.29 points or 0.31 percent and spiked above the previous closing at
Saudi Arabia’s benchmark stock index turned green last week, recovering a reasonable portion from previous week’s losses. Despite closing flat for three days during the week, the Tadawul All-Share Index (TASI) dug in at 7,127.68 and finished the week u
Pessimism over Saudi Arabia’s petrochemical industry has pushed shares in the sector down sharply, dampening the biggest Arab stock market. But the gloom may be overdone, creating chances to buy into some of the Kingdom’s biggest firms. The sector’s
Saudi stocks hovered in small gains and losses yesterday, almost a repeat of previous day’s flat performance which turned positive and the day ended in green. The Tadawul All-Share Index (TASI) inched up to 7,127.68 points, showing an increment of 3.