Monday, March 25, 2024
HomeTagsStock

Tag: stock

spot_imgspot_img
Business

Saudi Arabia’s Financial Market Ranks 3rd in G20 Competitiveness Indicators

RIYADH: Saudi Arabia’s financial market has advanced seven places to the third position in the competitiveness indicators among G20 nations this year, revealed Switzerland-based International Institute for Management Development in its latest report. According to the IMD World Competitiveness Yearbook for 2023, the Kingdom’s performance epitomizes the ongoing efforts of the Capital Market Authority to implement global best practices. 
Business

TASI Market Cap Reaches $2.9tn with Strong Fundamentals: S&P

RIYADH: The market capitalization of the Tadawul All Share Index surged to over $2.9 trillion in June, up from $420 million in 2015, according to a report by S&P Global Ratings.   The firm suggested that the increase indicates solid economic fundamentals and positive investor sentiment in Saudi Arabia. Tadawul and the Capital Market Authority have launched several initiatives to expand the capital market in recent years as the Kingdom seeks to diversify its economy in line with the Vision 2030 initiative. 
Business

Saudi main index ends week in red before Eid holidays

RIYADH: Saudi Arabia’s Tadawul All Share Index ended its trading on Thursday in the red, as it shed 7.19 points, or 0.06 percent, to close at 11,458.98.   The exchange will remain closed from June 23 as a part of the Eid Al-Adha holidays and trading will resume on July 2.   The total trading turnover of the benchmark index was SR6.33 billion ($1.69 billion) as 95 stocks advanced, while 124 retracted.   While the parallel market Nomu dropped by 1,118.48 points to close at 26,147.86, the MSCI Tadawul Index dipped slightly to end the day at 1,510.25.  
Business

Saudi benchmark index closes at 11,420 with 95-point drop

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Monday, as it shed 95.19 points, or 0.83 percent, to close at 11,421.70.   The upward movement of the Kingdom’s parallel equity market, Nomu, also came to an end after four days as it dipped 2.81 percent or 813.22 points, to close at 28,174.84.   The MSCI Tadawul Index also dropped 0.71 percent to close at 1,508.36.  The total trading turnover of the benchmark index was SR6.07 billion ($1.62 billion), as 32 stocks advanced, while 188 retracted.  
Business

FAO predicts global food import bill to reach $1.98tn by 2023

RIYADH: The global food import bill is forecast to reach a record high of $1.98 trillion in 2023, up 1.5 percent from 2022, due to a combination of factors including an increase in international prices and higher volumes, the latest UN report showed.    The Food and Agriculture Organization of the UN in its biannual report stated that the anticipated increase in the 2023 bills will happen due to an additional $18.4 billion stemming from higher international prices and $12.9 billion from higher volumes. 
Business

Saudi Main Index Steady, Nomu Up 1,990 Points at Closing Bell

RIYADH: Saudi Arabia’s Tadawul All Share Index remained steady in the first session of the week, gaining 0.75 points or 0.01 percent to close at 11,516.89.  The trading turnover of the benchmark index was SR5.35 billion ($1.43 billion), as 120 stocks advanced, while 95 retracted.  Parallel market Nomu continued its upward movement for the fourth consecutive session, leaping 1,990.46 points to close at 28,988.06.  The MSCI Tadawul Index also picked up 0.03 percent to 1,519.18. 
Business

Saudi Property Market Performs Well in Q1 Due to Limited Supply: CBRE

RIYADH: Demand for offices remained strong in Saudi Arabia in the first quarter of 2023 as global and local businesses continued to scout for quality spaces in the key cities despite limited supply in the market, the latest report from global consultancy firm CBRE showed.   Most of the offices in Riyadh witnessed nearly 100 percent occupancy, resulting in Grade A and Grade B properties recording a year-on-year rise in average rental rates of 9.3 percent and 14 percent, respectively, in the first quarter.  
1234Page 2 of 4

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder=”Your email address” btn_horiz_align=”content-horiz-center” pp_msg=”SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==” pp_checkbox=”yes” tdc_css=”eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9″ display=”column” gap=”eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9″ f_msg_font_family=”downtown-sans-serif-font_global” f_input_font_family=”downtown-sans-serif-font_global” f_btn_font_family=”downtown-sans-serif-font_global” f_pp_font_family=”downtown-serif-font_global” f_pp_font_size=”eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==” f_btn_font_weight=”700″ f_btn_font_size=”eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==” f_btn_font_transform=”uppercase” btn_text=”Unlock All” btn_bg=”#000000″ btn_padd=”eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9″ input_padd=”eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9″ pp_check_color_a=”#000000″ f_pp_font_weight=”600″ pp_check_square=”#000000″ msg_composer=”” pp_check_color=”rgba(0,0,0,0.56)” msg_succ_radius=”0″ msg_err_radius=”0″ input_border=”1″ f_unsub_font_family=”downtown-sans-serif-font_global” f_msg_font_size=”eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==” f_input_font_size=”eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==” f_input_font_weight=”500″ f_msg_font_weight=”500″ f_unsub_font_weight=”500″]

Must read

spot_img

Latest

Singapore ex-transport minister faces 8 new corruption charges

News 0
S Iswaran accused of receiving gifts worth $14,000 from individual who had business dealings with Transport Ministry.

Gaza Christians seek peace on Palm Sunday

News 0
GAZA CITY, Palestinian Territories: The faithful walked slowly in a procession past the stone facade of Gaza’s only Catholic church on Palm Sunday, gathering to pray for peace as war raged around them. Holy Family Church’s tranquil courtyard, filled with dozens of children and older people, belied the humanitarian crisis happening beyond its gates in Gaza City. Inside the church, worshippers in their dress clothes lined the wooden pews decorated with palm fronds for the service marking the start of Easter week.

Popular

Gaza Christians seek peace on Palm Sunday

News 0
GAZA CITY, Palestinian Territories: The faithful walked slowly in a procession past the stone facade of Gaza’s only Catholic church on Palm Sunday, gathering to pray for peace as war raged around them. Holy Family Church’s tranquil courtyard, filled with dozens of children and older people, belied the humanitarian crisis happening beyond its gates in Gaza City. Inside the church, worshippers in their dress clothes lined the wooden pews decorated with palm fronds for the service marking the start of Easter week.

Sunak to unveil $252m investment in UK nuclear projects | TOME

News 0
UK leader says investment is vital in 'more dangerous and contested world.'

Popular

Boycotts hit McDonald’s, Starbucks in Indonesia and Malaysia

Economy 0
Boycotts over the Gaza war are hitting big brands in Southeast Asia despite local owners denying links to Israel.

Bank of Japan raises interest rate after 17 years

Economy 0
Japan's central bank begins unwinding one of the world's most aggressive monetary easing programmes.

© 2023 TOMI. All Rights Reserved.