RIYADH: Saudi Arabia’s benchmark index slipped on Thursday as global inflation indicators showed no signs of abating, and fears of its impact on oil demand cast a shadow on the market.
Tadawul All Share Index closed 24.6 points — or 0.23 percent – lower to end at 10,548.45.
MSCI Tadawul 30 Index fell 0.13 percent to 1,444.35, and the parallel market Nomu slumped 0.78 percent to 19,258.52.
TASI’s total trading turnover of the benchmark index was SR4.01 billion ($1.07 billion) as 90 stocks of the listed 224 advanced and 122 receded.
Obesity can be a risk factor for several chronic conditions including type 2 diabetes, heart…
Furthermore, the Saudis will be keenly aware of last year's Israeli strikes on Doha, targeting…
Newly-released security camera footage shows the moment last month's magnitude 6.8 quake shook Kumamoto General…
Israeli prosecutors have charged a settler over the killing of a Palestinian activist in the…
Viruses are not alive and it would take another significant leap for AI to generate…
At least 30 Yemeni government troops are reported to have been killed in Houthi rebel…