Saudi Arabia’s Tadawul All Share Index has risen for the second day in a row, thanks to an increase in oil prices that has boosted investor confidence. On Monday, the benchmark index closed at 11,293.59, up 71.63 points or 0.64%. The total trading turnover was SR6.38bn ($1.70bn), with 125 listed stocks advancing and 75 retreating. Brent crude futures rose $1.79 to $77.92 a barrel, while US West Texas Intermediate crude climbed $1.83 to $73.57 a barrel. Elm Co. was the best performer of the day, with its share price surging 9.98% to SR500.49.
Saturday, October 28, 2023
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Erdogan Urges Israel to Cease Gaza Strikes, Calls for End to ‘Madness’ | TOME
ANKARA: Turkiye’s President Recep Tayyip Erdogan on Saturday called on Israel to “immediately stop this madness” and end its “attacks” on targets in Gaza after Israeli forces intensified strikes on the Palestinian territory.
“The Israeli bombardments on Gaza intensified last night and once again targeted women, children and innocent civilians and worsened the ongoing humanitarian crisis,” Erdogan said on X. “Israel must immediately stop this madness and end its attacks.”
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Apple supplier's shares dropped as much as 3 percent after report by China's state-owned Global Times.
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Major brands that spoke out against Russia's invasion have been reluctant to weigh in on the Israel-Palestine conflict.
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