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24 July 04:55 PM SEDCO Capital lists multi-asset traded fund on Tadawul
Riyadh – Mubasher: Global asset manager SEDCO Capital has announced the successful listing of its SEDCO Capital Multi Asset Traded Fund on the Main Market of the Saudi Exchange (Tadawul). The Fund is now trading under the ticker symbol 4703, with …
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24 July 04:36 PM Tadawul’s indices close Wednesday mixed
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) edged lower by 0.04% on Wednesday, ending the session at 12,101.21 points. The trading value reached SAR 6 billion through the exchange of 259.51 million shares. …
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24 July 02:14 PM Riyadh’s office market thrives in Q2-24 – Report
Riyadh – Mubasher: Riyadh’s office market maintained robust performance in the second quarter (Q2) of 2024, underscoring the vitality of the non-oil sector. This sector, crucial to the economy, saw a year-on-year (YoY) growth of 3.40% in Q1-24, …
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23 July 03:57 PM Tadawul ends Tuesday’s trading session with mixed note
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) fell by 0.57% on Tuesday and closed the trading session at 12,105.54 points. The trading value reached SAR 6.85 billion through the exchange of 296.32 million …
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23 July 01:29 PM Al Ashghal Al Moysra to commence trading on Nomu this week
Riyadh – Mubasher: Al Ashghal Al Moysra Company is set to trade its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Wednesday, 24 July 2024. The firm will list 480,000 shares, representing 20% of its share capital, under …
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22 July 03:52 PM TASI closes Monday down; NomuC ends session higher
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) went down by 0.23% on Monday and closed the trading session at 12,174.76 points. The trading value amounted to SAR 8.34 billion through the exchange of 439.52 …
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21 July 04:52 PM GCC fixed income markets see $75.5bn issuances in H1-24 – Report
Mubasher: Primary debt issuances of bonds and sukuk in the Gulf Cooperation Council (GCC) countries surged to $75.50 billion in the first half (H1) of 2024, marking a 38% year-on-year (YoY) increase from $54.80 billion. Saudi Arabia led the GCC …
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21 July 03:49 PM Tadawul closes Sunday with positive note
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Sunday’s trading session higher by 0.12% at 12,202.93 points. TASI’s trading value stood at SAR 6.38 billion through the exchange of 345.09 million shares. …
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18 July 03:57 PM Tadawul closes Thursday with varied performance
Riyadh – Mubasher: The All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 30.71 points (0.25%) to 12,188.32 points at the end of Thursday’s session. A total of 387.14 million shares were traded at a turnover worth SAR 8.75 billion. The …
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17 July 04:27 PM Tadawul’s indices close Wednesday mixed
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) grew by 77.24 points (0.64%) to 12,157.61 points at the end of Wednesday’s session. A total of 239.76 million shares were traded at a turnover worth SAR …
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16 July 04:13 PM TASI rises 1.1% on Tuesday; NomuC gains over 69 pts
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 132.67 points (1.11%) to 12,080.37 points at the end of Tuesday’s session. A total of 230.57 million shares were traded at a turnover worth SAR …
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15 July 04:40 PM Tadawul’s indices close Monday in green
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) grew by 66.15 points (0.56%) to 11,947.70 points at the end of Monday’s session. A total of 243.22 million shares were traded at a turnover worth SAR 7.18 …
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15 July 12:43 PM GCC companies IPO proceeds shrink 32% YoY in H1-24 – Markaz
Mubasher: The GCC raised $3.60 billion through 23 initial public offerings (IPOs) in the first half (H1) of 2024, a 32% year-on-year (YoY) drop from $5.30 billion raised through 21 offerings in the comparative period of 2023, according to a report …
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15 July 11:00 AM Saudi Airport passenger number jumps 17% YoY in H1-24 – GACA
Riyadh – Mubasher: The number of passengers through Saudi airports surged by 17% year-on-year (YoY) to around 62 million in the first half (H1) of 2024 from 53 million. The number of flights rose by 12% YoY to approximately 446,000 in H1-24 from …
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14 July 05:26 PM Tadawul closes Sunday with varied performance
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 89.14 points (0.67%) to 11,881.55 points at the end of Sunday’s session. A total of 215.16 million shares were traded at a turnover worth SAR 3.36 …
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11 July 04:48 PM Tadawul’s indices end Thursday in green
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) edged higher by 0.07%, closing Thursday’s trading session at 11,792.41 points. TASI’s trading value stood at SAR 6.42 billion through the exchange of 219.35 million …
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10 July 04:21 PM TASI edges higher on Wednesday; NomuC shrinks 0.18%
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) inched higher by 0.04%, ending Wednesday’s trading session at 11,784.09 points. TASI’s trading value stood at SAR 5.17 billion through the exchange of 211.31 …
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9 July 04:29 PM GCC’s project awards drop 20% YoY in Q2-24 – Report
Mubasher: The GCC saw a notable decline in project awards during the second quarter (Q2) of 2024, with total awards dropping by 19.70% year-on-year (YoY) to $51.70 billion from $64.30 billion in the same period last year. This downturn was …
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9 July 03:51 PM Tadawul shows mixed performance on Tuesday
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) went up by 0.53% and ended Tuesday’s trading session at 11,779.83 points. TASI’s trading value stood at SAR 5.20 billion through the exchange of 208.73 million …
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8 July 01:43 PM ASG Plastic Factory to trade nearly 11% shares on Nomu
Riyadh – Mubasher: ASG Plastic Factory Company intends to list 750,000 ordinary shares, accounting for 10.64% of its total shares, on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). Yaqeen Capital Company, the financial advisor and …
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8 July 11:46 AM Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal
Riyadh – Mubasher: Saudi Arabia held the third position in 5G Download Speed among key markets in the EMEA region, according to a report released by Opensignal. The report highlighted that the Kingdom witnessed a significant improvement in 5G …
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7 July 04:26 PM Tadawul’s indices ends positive on Sunday
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) grew by 29.95 points (0.26%) to close at 11,688.61 points on Sunday. A total of 195.30 million shares were traded at a turnover of SAR 3.93 billion. Saudi …
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7 July 02:47 PM Jahez International requests transfer to Tadawul’s main market
Riyadh – Mubasher: Jahez International Company for Information System Technology has submitted an official request to transfer from the Parallel Market to the Main Market of the Saudi Exchange (Tadawul). The request was submitted on 7 July 2024 …
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4 July 04:04 PM Tadawul closes trading session higher end-week
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) went up by 0.55% and ended Thursday’s trading session at 11,658.66 points. The trading value hit SAR 4.94 billion through the exchange of 186.44 million shares. Al …
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4 July 03:51 PM Egypt's construction industry to expand 8% annually until 2029 – JLL
Cairo – Mubasher: Egypt's construction industry, the largest in Africa and third largest in the MENA region, is projected to grow at a compound annual growth rate (CAGR) of more than 8% until 2029, according to JLL’s construction market …