TASI  starts on a downward note following the end of earnings season: Opening bell

Follow-ups -eshrag News:

Sun, 2022-08-28 10:36

RIYADH: Saudi stocks had a lousy start to the week as the earnings season ended with mixed results, keeping investors on edge.

The Tadawul All Share Index began the week 0.94 percent lower at 12,473, while the parallel Nomu edged 0.1 percent down at 21,608 , as of 10:08 a.m. Saudi time.

Oil giant Saudi Aramco started the session with a 0.89 percent decline, while Al Rajhi, the Kingdom’s largest valued bank, declined 0.98 percent.

The share price of Alinma Bank declined by 0.78 percent, while the Saudi British Bank declined by 1.31 percent.

Main category: 
Business & Economy

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