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24 June 04:18 PM Tadawul closes Monday in red
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Monday lower by 0.28% at 11,697.04 points. TASI’s trading value stood at SAR 8.69 billion through the exchange of 292.43 million shares. Miahona topped the …
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24 June 12:57 PM MubasherTrade Research initiates coverage on Act Financial's FV ahead of EGX listing
Cairo - Mubasher: Act Financial plans to float 360 million shares, representing 47% of its share capital, on the Egyptian Exchange (EGX) after obtaining the authority’s approval last April. The company will increase its capital by issuing 360 …
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24 June 08:33 AM Neft Alsharq to start trading shares on Nomu this week
Riyadh – Mubasher: Neft Alsharq Company for Chemical Industries is set to begin the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Tuesday, 25 June. The Saudi firm plans to float 5 million shares …
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23 June 04:46 PM TASI, NomuC end Sunday higher
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) closed Sunday higher by 2.01% at 11,729.97 points. TASI’s trading value stood at SAR 5.18 billion through the exchange of 205.73 million shares. Rasan Information …
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19 June 05:54 PM Saudi CMA approves Tadawul listing of Jana Medical
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has passed the registration and offering shares of Jana Medical Company on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). The CMA’s board issued its resolution on …
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18 June 06:41 PM Six Arab countries advance in 2024 World Competitiveness Ranking
Mubasher: The 2024 World Competitiveness Report included six countries from the Arab region which all showed progress in this year’s ranking, according to the International Institute for Management Development (IMD) data. The UAE led the Arab …
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18 June 05:04 PM Global travel, tourism deals plunge in 5M while European markets show growth – GlobalData
Mubasher: The total number of deals registered in the global travel and tourism sector decreased by 10.90% to 286 during the first five months (5M) of 2024 when compared with 321 in January-May 2023, according to GlobalData Deals Database. The …
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13 June 03:50 PM Tadawul shows mixed performance ahead of Eid holiday
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) closed Thursday’s trading session lower by 1.31% at 11,498.93 points. TASI’s trading value stood at SAR 11.01 billion through the exchange of 403.32 million shares. …
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13 June 03:22 PM CMA passes Nomu listing of 2 companies
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the requests of two companies to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). Al Fakhera Men’s Tailoring Company intends to list 16.67% of its …
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12 June 03:52 PM Tadawul closes Wednesday’s session lower
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) showed a negative performance on Wednesday after falling by 1.05% to 11,651.81 points. TASI’s trading value reached SAR 10.38 billion through the exchange of 529.05 …
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12 June 01:30 PM Alwasail eyes transferring shares to main market
Riyadh – Mubasher: Alwasail Industrial Company submitted a request, on 11 June, to transfer its shares from the Parallel Market (Nomu) to the main market All Share Index (TASI). The board members granted their approvals on 26 December 2023, …
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12 June 11:46 AM Egyptian Exchange introduces new Shariah-compliant index
Cairo – Mubasher: The Egyptian Exchange (EGX) has launched the Shariah-complaint index, EGX33. The index comprises 33 meticulously selected companies whose activities adhere to the principles of Islamic Shariah, according to a press release. These …
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12 June 11:10 AM Saudi government raises SAR 42.1bn in Aramco’s 2nd IPO
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has completed the secondary public offering of ordinary shares by the government, setting the final offer price at SAR 27.25 per share. The initial public offering (IPO) raised gross proceeds …
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12 June 10:34 AM Al Taiseer, Rasan to begin trading on Tadawul end-week
Riyadh – Mubasher: Al Taiseer Group Talco Industrial Company and Rasan Information Technology Company will list their shares on the Saudi Exchange (Tadawul) on Thursday, 13 June. Tadawul highlighted that the stock will be trading at daily and …
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11 June 03:57 PM TASI closes Tuesday’s session down; NomuC up
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) closed Tuesday's trading session lower by 0.66% at 11,775.47 points. The trading value reached SAR 11.49 billion through the exchange of 494.34 million shares. …
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11 June 03:25 PM SMASCO to commence trading on Tadawul this week
Riyadh – Mubasher: Saudi Manpower Solutions Company (SMASCO) will begin the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 12 June. Tadawul stated that the stock will be trading at daily and …
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10 June 03:54 PM Tadawul shows varied performance on Monday
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) closed Monday’s trading session in the red zone after falling by 0.01% to 11,853.82 points. A total of 370.65 million shares were traded at a value of SAR 10.02 …
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9 June 03:39 PM Tadawul closes Sunday’s trading session higher
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Sunday’s trading session higher by 2.55% at 11,855.11 points. A total of 1.96 billion shares were traded at a value of SAR 53.94 billion. Saudi Arabian Oil …
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6 June 03:52 PM TASI inches higher on Thursday; NomuC grows 1.2%
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) edged higher by 0.06% on Thursday and ended the trading session at 11,560.39 points. A total of 249.35 million shares were traded at a value of SAR 6.45 billion. …
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6 June 10:10 AM CMA approves Nomu listing of 3 companies
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted the requests of three companies to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). SAMA Healthy Water Factory Company plans to list 20% of its …
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5 June 03:53 PM Tadawul closes Wednesday with negative note
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) went down by 0.51% on Wednesday and ended the trading session at 11,553.16 points. A total of 285.28 million shares were traded at a value of SAR 8.05 billion. Dr. …
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4 June 04:43 PM Saudi Exchange’s key indices decline on Tuesday
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) decreased by 1.66% on Tuesday and ended the trading session at 11,612.03 points. A total of 306.64 million shares were traded at a value of SAR 7.08 billion. SAL …
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4 June 01:31 PM Saudi non-oil private sector maintains growth in May; PMI hits 56.4
Riyadh – Mubasher: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Saudi Arabia withered a decline from 57 last April to 56.4 in May 2024, according to Riyad Bank’s latest data. The reading, which was the second-lowest for 22 …
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4 June 12:31 PM CMA nods to Nomu listing, IPO of 2 companies
Riyadh – Mubasher: The Capital Market Authority (CMA) passed the request of Tharwa HR Company to float its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). Tharwa HR plans to list 705,735 shares, representing 15% of its share …
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4 June 10:45 AM GCC's passenger traffic to grow 4% annually from 2024 to 2030 – IATA
UAE – Mubasher: Kamil Al Awadhi, Regional Vice President for Africa and the Middle East at the International Air Transport Association (IATA), stated that passenger traffic in the UAE and the GCC is projected to grow by 4% annually between 2024 …