News Analysis

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23 April 05:16 PM Al Baha suspended from OTC trade
Riyadh - Mubasher: Al Baha Investment and Development announced that its shares were suspended from over-the-counter (OTC) trade as a part of the new mechanism. The company said that the move came after the Capital Market Authority (CMA) decision …
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23 April 03:42 PM CMA lifts trading suspension on Alhokair shares
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) lifted the suspension of trading on the shares of Fawaz Abdulaziz Alhokair Company as of 24 April. On Saturday, the CMA had suspended trading on Alhokair's shares after failing to …
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23 April 03:41 PM Nomu returns to gains on Sunday
Riyadh – Mubasher: The Nomu-Parallel Market rose on Sunday, amid a positive performance of most stocks. The main index (NOMU) went up 1.23%, gaining 60.93 points, reaching 5,008.85 points for the first time since 5 April. Traded volumes declined …
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23 April 03:27 PM Net foreign sales on Tadawul amount to SAR 166m in week
Riyadh – Mubasher: Net sales of foreign investors reached SAR 165.61 million last week, ended 20 April, according to the Saudi Stock Exchange’s (Tadawul) statistics. The total value of shares purchased by foreign investors during this period …
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23 April 03:22 PM Tadawul gains 70 pts at Sunday close
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) went up 1.01% or 69.75 points to close at 6,968.75 points on Sunday. Traded value rose to SAR 3.42 billion ($911.5 million) on Sunday compared to SAR 3.15 billion ($838.7 …
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23 April 11:03 AM Tadawul, Nomu rise at Sunday open
Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) rose 1.2% or 79.85 points to 6,978.85 points at Sunday’s open. By 10:59 am Makkah time, 65.49 million shares were exchanged through 24,570 transactions at a value of SAR 1.08 …
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22 April 05:16 PM CMA suspends trading on Alhokair shares
Riyadh - Mubasher: The Saudi Capital Market Authority (CMA) has announced in a statement on Saturday the Suspension of trading the Shares of Fawaz Abdulaziz Alhokair Company. This comes after Fawaz Alhokair Co. has failed to commit to announce its …
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21 April 07:52 PM European stocks mixed at Friday’s close
Mubasher: European stocks saw a volatile performance on Friday, amid anticipations of economic data. The German DAX index rose 0.18% or 21.25 points to 12,048.57 points. The Stoxx Europe 600 index also added 0.02% or 0.06 to reach 378.12 points by …
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21 April 10:27 AM European stocks open Friday higher
Mubasher: European stocks opened Friday’s trading session in the green zone, amid anticipations of some economic data The Stoxx Europe 600 index rose 0.05% to reach 378.24 points by 8:15am GMT. Britain’s FTSE 100 index grew 0.10% to 7,125.9 …
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20 April 05:46 PM Tadawul hits highest decline in 13 weeks; Nomu rises in week
Mubasher: The main index of the Saudi Stock Exchange (Tadawul) lost 2.5% or 177.9 points to reach 6,899 points by the week ended on 20 April from 7,076.92 points by the week ended on 13 April. Meanwhile, the main index (NOMU) of the Nomu-Parallel …
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20 April 03:50 PM Nomu ends Thursday in red
Riyadh - Mubasher: The main index (NOMU) of the Nomu-Parallel Market decreased 0.23% or 11.50 points to close at 4,947.92 points on Thursday. Traded value fell to SAR 4.68 million compared to SAR 5.06 million on Wednesday, while traded volume went …
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20 April 03:23 PM Tadawul retreats on collective decline Thursday
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) retreated on Thursday amid a negative performance of all sectors and significant improvement in liquidity. The main index went down 0.71%, or 49.06 points to reach 6,899 points. Turnover …
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20 April 12:11 PM NCB Capital sets Qassim Cement PT at SAR 60
Riyadh – Mubasher: NCB Capital set the price target (PT) of Qassim Cement at SAR 59.7, with a "neutral" recommendation. The research firm noted that the cement company’s results for the first quarter of the year came below its estimates of SAR …
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20 April 11:07 AM Tadawul, Nomu lose at Thursday open
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) fell 0.69% or 47.93 points to 6,900.13 points at Thursday’s open. By 10:58 am Makkah time, 49.22 million shares were exchanged through 20,340 transactions at a value of SAR …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
20 April 07:57 AM GCC exchanges likely see important resistance - Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets will test important resistance levels on Thursday and next week, amid the economic changes the region is witnessing, Mohamed Radwan, a member of the International Federation of Technical Analysts …
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19 April 03:38 PM Nomu gains 74 pts at Wednesday close
Riyadh - Mubasher: The main index (NOMU) of the Nomu-Parallel Market rose 1.52% or 74.31 points to close at 4,959.42 points on Wednesday. Traded value increased to SAR 5.06 million compared to SAR 2.97 million on Tuesday, while traded volume went …
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19 April 03:17 PM Tadawul ends Wednesday in green
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) went up 0.08% or 5.68 points to close at 6,948,06 points on Wednesday. Traded value decreased to SAR 2.6 billion compared to SAR 3.25 billion on Tuesday, while traded volume …
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19 April 03:13 PM KSA’s Dar Al-Arkan lists $500m sukuk on Nasdaq Dubai
Dubai – Mubasher: Dar Al-Arkan Real Estate Development Company announced ringing the market bell to celebrate the listing of a $500 million sukuk on Nasdaq Dubai, the Saudi company’s chairman Yousef Bin Abdullah Al-Shelash said on Wednesday. This …
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19 April 01:43 PM Arabian Cement stock hits 33M low
Riyadh – Mubasher: Arabian Cement saw a negative performance in Wednesday’s trading session. By 01:30 pm KSA time, the stock declined 5.68% to SAR 35.70 - its lowest level in 2017. The stock achieved turnover of SAR 12.2 million by exchanging …
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19 April 10:59 AM Tadawul rises slightly, Nomu slips at Wednesday open
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) added 0.04% or 2.99 points to 6,945.37 points at Wednesday’s open. By 10:53 Makkah time, 31.75 million shares were exchanged through 15,990 transactions at a value of SAR …
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18 April 04:42 PM Tadawul suspends stocks, sukuk to apply T+2 settlement cycle
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) suspended the trading of a number of listed securities that are settled after two business days in preparation for implementing the new (T+2) settlement cycle of listed securities. Suspension …
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18 April 03:37 PM Nomu ends Tuesday on mixed note
Riyadh - Mubasher: The main index (NOMU) of the Nomu-Parallel Market shed 0.15% or 7.46 points to close at 4,885.11 points on Tuesday. Traded value fell to SAR 2.97 million compared to SAR 8.2 million on Monday, while traded volume decreased to …
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18 April 03:31 PM Tadawul loses 69 pts at Tuesday’s close
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) fell 0.99% or 69.35 points to close at 6,942,38 points on Tuesday. Traded value increased to SAR 3.25 billion compared to SAR 2.98 billion on Monday, while traded volume …
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18 April 10:59 AM Tadawul drops below 7,000 pts at Tuesday open
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) shed 0.3% or 21.08 points to 6,990.65 points at Tuesday’s open. By 10:46 am Makkah time, 38.97 million shares were exchanged through 16,330 transactions at a value of SAR …
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18 April 08:06 AM Long-term investors return to GCC markets; KSA at forefront - Analysts
By: Mahmoud Gamal Mubasher: Long-term investors have resumed purchasing leading stocks in Gulf stock markets as stock prices reached attractive levels, analysts told Mubasher, expecting further jittery-to-rising performance. The Saudi Stock …