TASI sheds 98 points; Aramco’s Luberef IPO to raise $1.32bn: Closing bell  

RIYADH: Saudi Arabia’s benchmark index shed 98 points on Sunday as investors shied away from the market due to uncertainties in the global economy, triggered by ongoing geopolitical tensions and soaring inflation.  

The Tadawul All Share Index, known as TASI, was down 0.91 percent to 10,723, while the parallel market Nomu slipped 14 points or 0.99 percent to 1,485.  

Of the 219 companies listed on TASI on Sunday, 31 advanced, while 176 declined.