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Saudi Stock Market Closes Week with Green Finish

After rising for four consecutive days, Saudi Arabia’s Tadawul All Share Index ended the week in green, as it gained 24.31 points, or 0.21 percent, to close at 11,397.14. The total trading turnover of the benchmark index hit SR7.14 billion ($1.90 billion), as 113 stocks advanced, while 94 retracted.  While parallel market Nomu gained 368.10 points to close at 21,849.68, MSCI Tadawul Index increased 0.16 percent to end the day at 1,509.41.

“Iga Swiatek Wins 3rd French Open Title and 4th Slam by Defeating Karolina Muchova”

PARIS: Iga Swiatek suddenly seemed lost in the French Open final. Her strokes were awry. Her confidence was gone. Her big early lead vanished, too. She kept looking up into the stands, seeking guidance from her coach and her sports psychologist. So much was amiss right up until she was two games from defeat against unseeded Karolina Muchova on Saturday. And then, when she needed to most, Swiatek transformed back into, well, Swiatek. The No. 1 player in women’s tennis for more than a year. The defending champion at Roland Garros. Aggressive. Decisive. Full of clarity.

Oil Prices Head for Second Weekly Loss on Demand Concerns

SINGAPORE: Oil prices looked set to post their second straight weekly loss as they continued to fall on Friday over demand concerns and skepticism that the US and Iran could strike a nuclear deal, according to Reuters. Brent crude futures dropped 35 cents, or 0.5 percent, to $75.61 a barrel by 7:04 a.m. Saudi time, while the US West Texas Intermediate crude futures eased 35 cents, or 0.5 percent, to $70.94.

Saudi main index closes higher

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, as reigning oil prices raised investor confidence.  On Monday, the benchmark index gained 71.63 points or 0.64 percent to close at 11,293.59.  The total trading turnover of the benchmark index was SR6.38 billion ($1.70 billion) as 125 listed stocks advanced, while 75 retreated. 

Saudi main index closes steady with $1.34m trading turnover

RIYADH: Saudi Arabia’s Tadawul All Share Index was steady on Thursday, as it edged up 0.82 points, or 0.01 percent, to close at 11,014.95.   A day earlier, the benchmark index had shed 125.85 points, primarily driven by a fall in oil prices.   While parallel market Nomu gained 134 points to close at 21,415.33, the MSCI Tadawul Index shed 5.73 points to 1,458.68.   The total trading turnover of the benchmark index was SR5.03 billion ($1.34 billion) as 113 stocks advanced, while 100 retreated. 

Benzema uncertain about Real Madrid future: “Currently in Madrid”

MADRID: Real Madrid’s Karim Benzema was reluctant to talk about his future on Thursday, fueling speculation he could move to Saudi Arabia in the close season following 14 trophy-laden years. After the 35-year-old striker was awarded the Marca Legend prize at a ceremony organized by the Spanish sports publication, the Frenchman was asked if he was staying at Real Madrid. “Saturday I have a game (against Athletic Bilbao), tomorrow I have a training session ... so at the moment I’m in Madrid,” Benzema said.

Bolt seeks significant role in athletics

MEXICO CITY: Usain Bolt said he is desperate to play a role in reviving the sport that made him a global superstar but has experienced something of a decline since his retirement six years ago. The Jamaican, who dominated men’s sprinting for nearly a decade after the 2008 Beijing Olympics, said he had found plenty to do to keep himself busy but was really keen to remain involved in sport.

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