News Analysis

The main index closed at its lowest level since 20 August
2 hours ago TASI sees highest decline in two months
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Monday’s trading session in red, witnessing its highest daily loss since last July. The Tadawul All Shares Index (TASI) declined by 1.39% or 102.19 points, and closed at the level of …
The prospectus will be disclosed long enough before starting the IPO of Awazel
4 hours ago Saudi CMA nods to Boubyan Petrochemical’s associate IPO
Mubasher: Boubyan Petrochemical said that the Saudi Capital Market Authority (CMA) approved on 21 September issuing 8.19 million of Arabian Waterproofing Industries Co.’s (Awazel) shares for the initial public offering (IPO). This stake represents …
KSA’s imports, exports reach SAR 9bn in 17 days – Al-Eisa
12:37 PM KSA’s imports, exports reach SAR 9bn in 17 days – Al-Eisa
Riyadh – Mubasher: Saudi Arabian imports reached 909,000 tonnes worth SAR 4.2 billion, whereas exports reached 1.6 million tonnes amounting to SAR 4.8 billion until 9 September, aleqtisadiah newspaper on Monday said, citing Saudi Customs’ …
The banks and materials sectors levelled down 0.51%, and 0.5%, respectively
11:17 AM Blue Chips push TASI down, Nomu stable early Monday
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) opened Monday in the red zone after dropping 0.39% or 28.38 points to reach 7,297.94 points. By 10:31 am KSA time, TASI’s traded volume amounted to 11.79 million shares, …
Saudi CMA suspends trading on Go’s stock Monday
10:33 AM Saudi CMA suspends trading on Go’s stock Monday
Riyadh – Mubasher: Trading activities on the stock of Etihad Atheeb Telecommunication (Go) will be suspended effective Monday, 25 September, the Capital Market Authority (CMA) of Saudi Arabia on Monday said. The stock's trading suspension was …
SCTH to implement SAR 1.1bn projects during 2017
24 September 05:23 PM SCTH to implement SAR 1.1bn projects during 2017
Riyadh – Mubasher: The Saudi Commission for Tourism and National Heritage (SCTH) launched six initiatives at a value of SAR 1.1 billion in 2017 ($296 million) which were included in the National Transformation Program 2020. These initiatives are …
The third quarter of 2017 is nearing its close, which means that financial disclosures will prompt portfolios to purchase stocks
24 September 09:01 AM Saudi, Kuwaiti stocks likely to rise ahead of FTSE results - Analysts
By: Mahmoud Gamal Mubasher: Gulf bourses are likely to rise this week with listings on the FTSE Emerging Markets Index coming in focus, analysts told Mubasher. GCC stock markets are heading towards a “temporary rise”, particularly Saudi and …
Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events during this week in the period from 24 until 28 September
23 September 04:06 PM Tadawul awaits important events this week
Riyadh – Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events during this week in the period from 24 until 28 September. Saudi Arabian Fertilizer Co (SAFCO) on Tuesday, 26 September will start …
KSA's CITC to stop telecom firms services subject to violations – Minister
23 September 02:10 PM KSA's CITC to stop telecom firms services subject to violations – Minister
Riyadh – Mubasher: Communications and Information Technology Commission (CITC) of Saudi Arabia was authorised to stop the telecoms firms services’, in case of violations, Okaz newspaper on Saturday reported, citing Abdullah Al-Sawahah, Minister of …
TASI fell 0.64% or 46.85 points to 7,326.32 points.
22 September 02:34 PM TASI loses SAR 13bn, NOMU rises 1.4% in week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended the week on Thursday, 21 September, with its Tadawul All Share Index (TASI) dropping 0.64% or 46.85 points to 7,326.32 points. TASI lost 0.76% of traded value, or SAR 13.3 billion ($3.55 …
The media, real estate management and development, energy, and materials sectors went up 3.9%, 0.6%, 0.62%, and 0.25%, respectively
21 September 04:23 PM TASI, Nomu end Thursday in green
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green zone after its benchmark Tadawul All Share Index (TASI) increased 0.09% or 6.48 points reaching 7,326.32 points. TASI’s traded volume stood at 87.61 million shares …
Ticket prices will not be impacted by the gradual reduction of fuel subsidies
21 September 03:09 PM Fuel hike not to impact ticket prices – Saudi GACA
Riyadh – Mubasher: Ticket prices will not be impacted by the gradual reduction of fuel subsidies during 2017 and 2018, spokesperson of the Saudi General Authority of Civil Aviation (GACA) Abdullah Alkhareef said. Ticket prices have a certain …
KSA tops Dubai's external trade markets – official
21 September 02:00 PM KSA tops Dubai's external trade markets – official
Dubai – Mubasher: Saudi Arabia led the most strategic destinations of Dubai’s external trade, Saed Al Awadi, CEO of Dubai Exports said. The largest Arab country and GCC partner in the UAE’s trade is Saudi Arabia, Al Awadi added. The external …
Arabian Cement, Mouwasat stocks see private deals at SAR 10.4m Thursday
21 September 01:28 PM Arabian Cement, Mouwasat stocks see private deals at SAR 10.4m Thursday
Riyadh – Mubasher: Two private transactions were executed on the stocks of Saudi Arabia-based Arabian Cement Co, and Mouwasat Medical Services Company totaled SAR 10.396 million with a trading volume of 299,000 shares during Thursday's trading …
The utilities, food and beverages, banks, telecommunication services, and materials sectors levelled down 1.1%, 0.9%, 0.75%, 0.3%, and 0.25%, respectively
20 September 04:58 PM TASI, Nomu end mixed Wednesday
Riyadh – Mubasher: The Saudi Stock Exchange’s main Tadawul All Share Index (TASI) closed Wednesday 0.43% or 31.31 points lower to reach 7,319.84 points. TASI’ traded value amounted to SAR 8.33 billion on Wednesday against SAR 3.01 billion on …
KHC buys SAR 5.8bn shares in BSF
20 September 03:46 PM KHC buys SAR 5.8bn shares in BSF
Riyadh – Mubasher: Kingdom Holding Company (KHC) executed a private transaction on Banque Saudi Fransi’s (BSF) stock at SAR 29.5 per share after 195.3 million shares were exchanged, at a value of SAR 5.760 billion. Private transactions on the …
The Saudi Stock Exchange’s (Tadawul) data revealed executing eight private transactions during Wednesday’s trading activities
20 September 02:55 PM Tadawul sees 8 special deals total SAR 31.33m Wednesday
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) data revealed executing eight private transactions during Wednesday’s trading activities. Saudi Arabia-based Arabian Cement Co’s stock saw executing four private deals, the first transaction …
Saudi cost of living index falls 0.1% in August – GASTAT
20 September 01:47 PM Saudi cost of living index falls 0.1% in August – GASTAT
Riyadh – Mubasher: The Saudi cost of living index “inflation” shed 0.1% in August 2017, compared to the year-ago period, remaining negative for the eighth consecutive month, the Saudi General Authority for Statistics (GASTAT) on Wednesday said. …
The pharmaceuticals, media, materials, and banks sectors went down 1.3%, 1.2%, 0.7%, and 0.4%, respectively
20 September 11:50 AM TASI down, Nomu up early Wednesday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Wednesday in the red zone after its benchmark Tadawul All Share Index (TASI) retreated 0.39% or 28.89 points to reach 7,322.26 points. By 10:54 am KSA time, TASI’s trading volume reached …
All the sectors retreated except telecommunications and food sector, which edged up 0.16% and 0.22%, respectively
19 September 05:23 PM TASI loses 0.57%, Nomu slips at Tuesday’s close
Riyadh – Mubasher: The Tadawul All Share Index (TASI) declined for the second successive session by 0.57% or 42.24 points to close Tuesday at 7,351.15 points. TASI’s trading volume stood at 127.4 million shares, generating SAR 3.01 billion, …
A total of 14 sectors were in the green early Tuesday
19 September 11:42 AM TASI resumes rises, Nomu unchanged early Tuesday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Tuesday in the green backed by its leading sectors, with the Tadawul All Share Index (TASI) resuming its gains after Monday’s declines. The parallel market Nomu index remained unchanged. …
Saudi crude oil exports decreased to 6.69 million barrels per day (bpd) in July 2017, compared to 6.89 million bpd in June, official data released on Monday revealed
18 September 05:45 PM KSA crude oil exports fall to 6.7m bpd in July – JODI
Riyadh – Mubasher: Saudi crude oil exports decreased to 6.69 million barrels per day (bpd) in July 2017, compared to 6.89 million bpd in June, official data released on Monday revealed. On a monthly basis, Saudi Arabia’s oil output dropped by …
The Saudi Stock Exchange’s Tadawul All Share Index (TASI) closed Monday 0.13% or 9.63 points lower reaching 7,393.39 points
18 September 04:10 PM TASI ends Monday in red, Nomu in green
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) closed Monday 0.13% or 9.63 points lower reaching 7,393.39 points. TASI’s trading volume stood at 142.95 million shares through 90,680 transactions, with a liquidity of …
Saudi Arabia plans to reduce the subsidy on gasoline and jet fuel prices during the coming two months, Bloomberg reported on Monday, citing informed sources as saying
18 September 03:40 PM KSA to raise gasoline, jet fuel prices by 80% in 2M – Bloomberg
Riyadh – Mubasher: Saudi Arabia plans to reduce the subsidy on gasoline and jet fuel prices during the coming two months, Bloomberg reported on Monday, citing informed sources as saying. “The government is taking its first step in removing …
Two private transactions on Arabian Cement stock total SAR 18.3m
18 September 03:36 PM Two private transactions on Arabian Cement stock total SAR 18.3m
Riyadh – Mubasher: Two private transactions were executed on the stock of the Saudi Arabia-based Arabian Cement Co on Monday on the Saudi Stock Exchange (Tadawul) totaled SAR 18.3 million. The transactions saw the trading of 572,700 shares, at SAR …