News Analysis

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) declined by 128.72 points (1.03%) to 12,355.69 points at the end of Wednesday’s session. A total of 388.76 million shares were traded at a turnover worth …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) went down by 24.52 points (0.20%) to 12,484.41 points at the end of Tuesday’s session. A total of 409.65 million shares were traded at a turnover worth SAR …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) declined by 9.29 points (0.07%) to 12,508.93 points at the end of Monday’s session. A total of 518.78 million shares were traded at a turnover worth SAR …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 15.87 points (0.13%) to 12,518.22 points at the end of Sunday’s session. A total of 316.89 million shares were traded at a turnover worth SAR 6.39 …

Riyadh - Mubasher: Watheeq Capital, the financial advisor for the Initial Public Offering (IPO) of Qomel Company on the Parallel Market (Nomu), disclosed its offering price to be SAR 80 per share. Subscription for the offering is scheduled to take …

Riyadh – Mubasher: The Saudi Exchange (Tadawul) launched the Single Stock Options (SSOs) contracts on the Saudi Arabian Mining Company (Ma'aden). SSOs are set to be available from 21 April 2024, which will be cleared by the Securities Clearing …

Riyadh – Mubasher: The main market's All Share Index (TASI) on the Saudi Exchange (Tadawul) edged up by 0.29% on Thursday, closing at 12,502.35 points. Trading activity saw a turnover of SAR 8.18 billion, with 310.94 million shares exchanged. …

Riyadh – Mubasher: Alkhabeer Capital revealed that the total dividends distribution to Alkhabeer Growth and Income Traded Fund’s unitholders for the full year 2023 has reached SAR 92.47 million after announcing the July-December 2023 payout. The …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) retreated by 0.28% on Wednesday and ended the trading session at 12,465.98 points. The turnover amounted to SAR 9.55 billion through the exchange of 367.26 …

Riyadh – Mubasher: All indices of the Saudi Exchange (Tadawul) closed in the red territory on Tuesday. The main market’s All Share Index (TASI) closed 207.91 points, or 1.64%, lower to stand at 12,500.43 points. The turnover stood at SAR 10.22 …

Riyadh – Mubasher: Automechanika Riyadh, Saudi leading trade show for the automotive aftermarket, is set to take place at the Riyadh International Convention and Exhibition Center (RICEC) from 30 April to 2 May 2024. The Kingdom’s aftersales in …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Monday’s trading session higher by 0.33% at 12,708.34 points. The turnover stood at SAR 9.72 billion through the exchange of 346.58 million shares. …

Riyadh – Mubasher: The Saudi Exchange (Tadawul) showed a mixed performance on Sunday, 14 April 2024, the first session after a long weekend on the occasion of Eid Al-Fitr Holdiay. The main market’s All Share Index (TASI) decreased by 38.52 points …

Mubasher: The Saudi crude oil production surged by 20,000 barrels per day (bpd) to hit 9.03 million bpd in March 2024 compared with 9.01 million bpd in February, according to the latest OPEC report. The average crude oil production by Saudi Arabia …

Mubasher: The performance of the capital markets in the Arab region was mixed during the holy month of Ramadan, with five markets rising and eight declining. The Palestine Exchange was the top performer, with the main index increasing by 20.48% …

UAE – Mubasher: Dubai-based marketplace aggregator YallaHub has entered a strategic cooperation with Synergetic, an eco-friendly brand, for the purpose of endorsing the UAE home and laundry care market, which is expected to hit $534.30 million by …

Mubasher: The number of flights between the UAE and Saudi Arabia surged by 13.30% during March amid increasing demand from those planning to perform Umrah rituals during the holy month of Ramadan. The month of Ramadan witnessed nearly 383 weekly …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 83.20 points (0.66%) to close Thursday at 12,705.42 points. A total of 271.11 million shares were traded at a turnover worth SAR 7.97 billion. The …

Riyadh – Mubasher: Online shopping in Saudi Arabia is expected to record a surge across many major retail and service categories during the month of Ramadan in 2024, which reflects the trust digital payment ecosystem is gaining in the Kingdom, …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 145.63 points (1.17%) on Wednesday, closing at 12,622.22 points. A total of 279.11 million shares were exchanged at a value of SAR 8.30 billion. …

Riyadh – Mubasher: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Saudi Arabia dipped from 57.2 in February to 57.0 in March 2024, according to Riyad Bank’s latest data. The PMI reading highlighted a robust improvement in …

Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Tuesday’s session in the green zone after rising by 53.58 points (0.43%) to 12,476.59 points. The turnover stood at SAR 7.60 billion through the …

Riyadh – Mubasher: The main market’s All-Share Index (TASI) of the Saudi Exchange (Tadawul) ended Monday’s trading session in the green zone after rising by 0.17% to 12,432.01 points. The trading value hit SAR 7.01 billion through the exchange of …