Categories: Business

TASI continues to lose ground tracking oil prices: Closing bell


Thu, 2022-11-10 16:38

RIYADH: Saudi Arabia’s main index extended its losses in its last trading session of the week following further declines in oil prices.

The Tadawul All Share Index declined 1.71 percent to end at 11,211 while the parallel market Nomu dropped 1.67 percent to finish at 18,908.

Saudi oil giant Aramco ended the session 0.29 percent lower, a week after announcing that its profit had surged 39 percent in the third quarter of 2022, surpassing the average of analysts’ forecasts. 

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