Categories: Business

TASI declines 2% as investor sentiment sours: Closing bell


Sun, 2022-09-18 15:43

RIYADH: Saudi Arabia’s main index declined in the first session of the week, amid cautious investor sentiment ahead of domestic inflation data and the Federal Reserve’s interest rate announcement.

The Tadawul All Share Index shed 2.18 percent to end Sunday at 11,572, while the parallel market Nomu slipped 1.62 percent at 20,585.

Saudi oil giant Aramco ended the session with 0.68 percent decline, while Rabigh Refining and Petrochemical Co. fell 4.27 percent.

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