News Analysis

TASI surges 56 pts, Nomu falls 5 pts at Thursday’s close
2 hours ago TASI adds 56 pts, Nomu slips at Thursday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday up after its benchmark Tadawul All Share Index (TASI) went up 0.82% or 55.8 points, reaching 6,878.2 points. TASI saw trading of 155.7 million shares, through 81,200 …
Construction sector in the GCC surged 30% in 2017, a new study by MENA Research Partners (MRP) showed
3 hours ago GCC construction sector jumps 30% in 2017
Mubasher: Construction sector in the GCC surged 30% in 2017, a new study by MENA Research Partners (MRP) showed. The sector's undergoing projects amounted to $2.6 trillion, representing 160% of the GCC’s total growth domestic product (GDP), MRP’s …
c’s employment hits 17-yr high in November
3 hours ago Euro zone’s employment hits 17-yr high in November
Mubasher: Employment in the euro zone soared in November, registering its highest level in 17 years, according to the data of Purchasing Managers’ Index, IHS Markit Flash Eurozone PMI. Eurozone PMI Composite Output Index hit 57.5 points in …
SABB Takaful’s stock sees four deals of SAR 118m
4 hours ago SABB Takaful’s stock sees SAR 118m deals
Riyadh – Mubasher: Four private transactions were executed on Thursday on SABB Takaful’s stock on the Saudi Stock Exchange (Tadawul) totaled SAR 117.79 million.  The transactions saw trading of 11.05 million shares, at SAR 10.66 per share, …
KSA government expenses to rise in Q4-17 – Report
12:05 PM KSA government expenses to rise in Q4-17 – Report
Riyadh – Mubasher: Saudi Arabian budget results in the third quarter of 2017 revealed a continuous improvement in the Kingdom’s financial position, compared to the year-ago period, alongwith the need to increase oil revenues of the the Arab …
Japanese stock market is closed on Thursday
11:49 AM Japanese stock market is closed on Thursday
Mubasher: The Tokyo Stock Exchange is closed on the Labor Thanksgiving Day, and it will resume its trades Friday. Japan and other countries across the world celebrate the Labor Thanksgiving Day by the end of each year. By 08:07 am GMT, JPY price …
By 10:48 am KSA time, TASI’s trading reached 25.75 million shares, through 16,000 deals, generating SAR 539 million
11:17 AM TASI rises 27 pts, Nomu stable at Thursday’s open
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Thursday in the green after its main Tadawul All Share Index (TASI) levelled up 0.39% or 26.8 points to 6,849.25 points. By 10:48 am KSA time, TASI’s trading volume amounted to 25.75 …
KSA to double production in industry sector until 2020 - Al-Faleh
11:05 AM KSA to double industry sector production until 2020 - Al-Faleh
Riyadh – Mubasher: Saudi Arabia plans to double the gross domestic product (GDP) in industrials sector by three to four times until 2020, said Energy, Industry, and Mineral Resources Minister Khaled bin Abdulaziz Al-Faleh. This will lead to a 10% …
TASI surges 44 pts, Nomu retreats 39 pts at Wednesday’s close
22 November 04:35 PM TASI surges 44 pts, Nomu retreats 39 pts at Wednesday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday up after its benchmark Tadawul All Share Index (TASI) jumped 0.65% or 44 points, reaching 6,822.45 points. TASI on Wednesday saw trading of 132 million shares, through 75,700 …
KSA’s wholesale price index edges down 0.3% in October – GASTAT
22 November 01:27 PM KSA’s wholesale price index falls 0.3% in October – GASTAT
Riyadh – Mubasher: Saudi wholesale price index (Inflation at wholesale prices) tumbled 0.3% during October 2017, compared to the year-ago period, the Saudi General Authority for Statistics (GASTAT) stated on Wednesday. The decrease in Saudi …
By 10:49 am KSA time, TASI’s trading volume reached 31.02 million shares through 16,650 deals, generating SAR 604.26 million
22 November 11:26 AM TASI surges 39 pts, Nomu drops at Wednesday’s open
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Wednesday in the green after its main Tadawul All Share Index (TASI) levelled up 0.57% or 38.80 points to 6,817.12 points. By 10:49 am KSA time, TASI’s trading volume amounted to 31.02 …
Implementation of VAT on 50% of commodities and services will shoot up inflation rate by 2.5%
21 November 06:52 PM Saudi Arabia to impose VAT on 50% of products
Riyadh - Mubasher: Saudi Arabia’s inflation continued in the negative for the tenth month in a row, research firm Capital Economics said in a report on Tuesday, forecasting that inflation trajectory to change in the next year on the back of …
The pharmaceuticals, food and beverages, telecommunication services, materials, and banks sectors fell 2.5%, 1.1%, 0.8%, 0.33%, and 0.3%, respectively
21 November 04:50 PM TASI, Nomu end Tuesday down
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) closed Tuesday in the red zone after declining 0.38% or 25.91 points to reach 6,778.32 points, registering its lowest level in one year, or since 22 November 2016 trading …
Electric vehicles sales jumped to a record high in the third quarter of 2017, backed by resurgent demand in China
21 November 04:24 PM Electric vehicle sales hit record high in Q3
Mubasher: Electric vehicles sales jumped to a record high in the third quarter of 2017, backed by resurgent demand in China. Sales of battery electric vehicles and plug-in hybrids surged 63% year-on-year to 287,000 units in Q3-17, according to …
Two weeks are left to implement Saudisation in gold shops – Official
21 November 03:32 PM Two weeks are left to implement Saudisation in gold shops – Official
Riyadh – Mubasher: Two weeks only are left for the deadline to implement Saudisation in gold and jewelry shops, said the official spokesperson of the Saudi Ministry of Labor and Social Development (MLSD), Khaled Abalkhail. Any activity which is …
KSA’s inflation falls 0.2% in October – GASTAT
21 November 12:50 PM KSA’s inflation falls 0.2% in October – GASTAT
Riyadh – Mubasher: The Saudi cost of living index,urban consumer price inflation shed 0.2% year-on-year in October 2017, remaining negative for the tenth consecutive month, Saudi General Authority for Statistics (GASTAT) said on Tuesday. The …
By 10:30 am KSA time, TASI’s trading volume reached 21.6 million shares, through 13,250 deals, generating SAR 351.6 million
21 November 11:23 AM TASI falls 46 pts, Nomu levels up 29 pts at Tuesday’s open
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Tuesday in the red zone after its main Tadawul All Share Index (TASI) retreated 0.68% or 46 points, reaching 6,758.1 points. By 10:30 am KSA time, TASI’s trading volume amounted to 21.6 …
Tadawul declines 68 pts, Nomu falls 10 pts at Monday’s close
20 November 04:53 PM Tadawul declines 68 pts, Nomu falls 10 pts at Monday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in the red zone after its benchmark Tadawul All Share Index (TASI) plunged 0.99% or 67.93 points to reach 6,804.23 points. Tadawul is facing important support level at 6,848 …
Saudi gov’t pays SAR 11.5bn debt in 9M – MoF
20 November 04:05 PM Saudi gov’t pays SAR 11.5bn debt in 9M – MoF
Riyadh – Mubasher: Saudi Arabian government paid debts at a value of SAR 11.55 billion during the first nine months of 2017, the Saudi Ministry of Finance’s (MoF) data showed. MoF paid SAR 3.05 billion as debts, in addition to amortising …
By 10:42 am KSA time, TASI’s trading volume reached 23.68 million shares, through 12,500 deals, generating SAR 359.36 million
20 November 11:16 AM TASI edges up, Nomu stable at Monday’s open
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) inched up 0.02% or 1.32 points to reach 6,873.48 points in Monday’s early trading activities. By 10:42 am KSA time, TASI’s trading volume reached 23.68 million shares, …
TASI closed Sunday’s trading session at 6,872.16 points
19 November 04:31 PM TASI closes at lowest level since mid-June
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading session at a six-month low. The benchmark Tadawul All Share Index (TASI) went down by 0.6%, losing 41.30 points, and closing at 6,872.16 points, its lowest level since 15 …
Tadawul’s turnover stood at SAR 376.94 million
19 November 11:45 AM TASI, NOMU open Sunday in red zone
Riyadh – Mubasher: The benchmark Tadawul All Share Index (TASI) of the Saudi Stock Exchange (Tadawul) started Sunday’s trading session 0.2% or 13.75 points lower to reach 6,899.71 points. Tadawul’s turnover stood at SAR 376.94 million after 28.64 …
About 63% of the expats in Manama feel good about their job security
19 November 10:51 AM Manama leads world's best cities for expats - Survey
Mubasher: The Bahraini capital Manama topped the list of world’s best cities for expats, followed by Prague, Madrid, Kuala Lumpur, and Amsterdam in the Expat Insider 2017 survey.   As for the rest of the Gulf cities in the list, Muscat, Abu Dhabi, …
The decision comes as part of efforts to develop the Kingdom’s financial market
16 November 05:54 PM Saudi CMA to exempt firms from initial Q4 disclosures
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) on Thursday stated that the decision taken by its board which involves exempting listed companies from disclosing financial statements for the fourth quarter of the current fiscal year …
TASI rises slightly, Nomu goes down 15 pts at Thursday’s close
16 November 04:00 PM TASI rises slightly, Nomu goes down 15 pts at Thursday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green zone after its benchmark Tadawul All Share Index (TASI) inched up 0.02% or 1.11 points, reaching 6,913.46 points. TASI’s trading volume stood at 203.89 million …