Economy

Here’s what you need to know before Tadawul trading on Wednesday

Follow-ups -eshrag News:

Wed, 2022-07-27 09:59

RIYADH: Saudi stocks edged up on Tuesday, following two straight days of losses, as investor sentiment improved on the back of optimistic earnings results.

TASI closed 0.76 percent higher at 11,964, while the parallel market, Nomu, finished 1.2 percent lower at 20,791.

Dubai, Qatar, Oman, Bahrain, and Kuwait all advanced in line with Saudi Arabia, with the Omani bourse leading the gainers as it added 2.8 percent. However, Abu Dhabi’s stock exchange was down 0.4 percent.

Elsewhere in the Middle East, Egypt’s EGX30 surged 1 percent.

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