The Saudi stock market was in the red last week, reversing after a 3-week surge and dropping 0.82 percent. Saudi Arabia’s benchmark stock index reflecting a 3-day fall during the week, closed at 7,147.42 points last week, trimming 58.85 points for the
A drive for tighter regulation of Saudi Arabia's stock market may help to break the hold of short-term speculators on share prices, making the market more attractive to local and foreign institutional investors. This week the Capital Market Aut
The Saudi stock market recorded nominal gains yesterday, as the Tadawul All-Share Index (TASI) closed higher to 7,147.42, adding 8.11 points or 0.11 percent for the entire day. After falling over 53.9 points during the session it bottomed out at
Insurance stocks at Tadawul continued to plunge for the second day yesterday since the Capital Market Authority (CMA) announced plans to cut down on speculative trading through tighter rules. “It would be unfortunate if insurance stocks become
The Saudi stock market continued its downward fall yesterday, closing the third straight day with mild losses. Saudi Arabia's benchmark stock index (TASI) ended lower to 7,139.3, shedding 0.27 percent or 19.45 points for the entire day. It went 20.7
The bulls-bears war ended in a standoff at Saudi stock market during the first couple of hours trading on Tuesday 14th May 2013, as Tadawul index retreated all the way to 7,163.51 points, which was roughly where it started the day. The index traded
The Capital Market Authority (CMA) has begun consultations that could change how closing share prices are calculated and how long listed firms can trade with large accumulated losses, part of a drive to tighten standards in the market. “The anno
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