Categories: Business

TASI loses some ground on dropping oil prices: Closing bell


Mon, 2022-11-14 16:42

RIYADH: Saudi Arabia’s main index ended on a negative note on Monday, as Brent crude oil fell by $1 to $94.99 a barrel. 

The Tadawul All Share Index was down 0.44 percent to close below 11,197 level, whereas the parallel market Nomu saw a 0.11 percent decrease to reach 19,002. 

Raydan Food Co. climbed 9.89 percent as it was among the top gainers. Moreover, earlier in the morning, it said that its accumulated losses have been cut to zero, following a 53.2 percent capital reduction. 

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