Closing Bell: TASI edges up even as US Fed’s hawkish stance tips the scale 

RIYADH: Saudi Arabia’s Tadawul All Share Index, closed 42.30 points higher — or 0.14 percent — on Thursday to end at 10,290.42, pitting itself against the negative sentiment that clouded the global markets after the US Federal Reserve’s interest rate hikes. 

The benchmark index swung heavily between gains and losses, scaling to a high of 10.294.65 at 10:38 a.m. Saudi time and dropping to a low of 10,186 at 01:31 p.m..