Latest news and articles about saudi stock market from NEX English
The Saudi stock market opened the week with a notable increase, as the main index 'TASI' surpassed 11,000 points, supported by robust profits from Aramco. This comes at a time when investors are awaiting Iran's response to the U.S. proposal to end regional conflicts.
The Saudi stock market opened higher today, continuing its gains for the third consecutive session, supported by oil price movements and leading company results. Investor caution remains prevalent amid market fluctuations.
The Saudi stock market is experiencing cautious anticipation as investors await results from leading companies to determine market direction. This comes amidst declining momentum and increasing external influences, particularly with the Federal Reserve's monetary policy decision on the horizon.
The Saudi stock market experienced a notable recovery at the start of today's session, ending a three-session decline. This rise is attributed to the positive performance of the banking sector, which reported quarterly results that exceeded expectations.
The Saudi stock market opened the week with a significant decline, with the TASI index dropping over 0.6% following failed negotiations between the U.S. and Iran in Islamabad. This downturn occurred despite the Saudi Energy Ministry announcing a recovery in oil production from the Manifa field.
The main index of the Saudi stock market, 'TASI', closed on Thursday with a slight decline of 0.1%, reaching 11268 points, with trading valued at 5.7 billion Saudi riyals.