Shares on Saudi Arabia’s stock exchange, the Arab world’s biggest, had the largest drop in almost two years, led by banks and telecom companies, amid concern that fighting in Syria may escalate. Al Rajhi Bank, the biggest Saudi lender by market val
Saudi stocks drop heavily in early trade on Saturday after global equity markets slide and on events in Syria. The Kingdom's benchmark all-share index falls 1.83 percent to 7,483.83 points while petrochemicals and banking stocks also fall. The
It turned out to be largely negative for investors yesterday, as Saudi Arabia's benchmark stock index (TASI) recorded a decline of 4.32 percent, which is the biggest intra-day decrease in two years. The TASI dropped sharply by 329.5 points yest
Saudi Arabia's stock market plunges 4.6 percent to a 13-month low on Saturday, with its biggest listed companies losing value, after King Abdullah cut short a holiday abroad because of regional tensions. Only one of the 156 companies listed on the
Saudi Arabia’s benchmark stock index continued its upward march for the fourth straight week, advancing 0.14 percent further. Despite closing lower for three days during the week, the Tadawul All-Share Index (TASI) dug in at 7,623.89 and finished the
The Saudi stock market was in the green yesterday, reversing after a 3-day plunge and gaining 0.54 percent for the day. The Tadawul All-Share Index (TASI) moved into the green territory earlier yesterday and closed higher to 7,623.89, adding 40.6 p
The Saudi stock market continued its downward momentum and fell for a third consecutive session yesterday. Saudi Arabia's benchmark stock index, which continued stepping downward throughout the day, ended in the red territory at 7,583.28 points, down
Despite an upward jump (+16.5 points) after the opening bell, the Tadawul All-Share Index (TASI) finished with a nominal decline of 0.08 percent yesterday. The index performed within a range of 32.6 points, closing the day at 7,635.75. On yea
Suadi Fransi Capital announced the completion of the fifth Saudi Binladin Group Sukuk issue for SAR 1.3 billion, covered in full. “The subscription closed last April, with great acceptance from investors due to the sound reputation of the issuing
After nine consecutive days of trading in the green, the Saudi stock market took a reversal yesterday, dropping a few points merely. The Tadawul All-Share Index (TASI) opened with a negative note yesterday and spending most of the session in the