Categories: Business

TASI settles lower as earnings season comes to an end: Closing bell


Sun, 2022-08-28 15:58

RIYADH: Saudi stocks were off to a bad start this week after the earnings season ended with mixed results, forcing investors to be cautious.

The Tadawul All Share Index concluded the first trading season of the week 0.52 percent lower at 12,526, while the parallel Nomu finished 0.61 percent down at 21,763.

Oil giant Saudi Aramco ended the session with a 1.65 percent decline, while Al Rajhi, the Kingdom’s largest valued bank, declined 1.41 percent.

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