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FinancialNews


  • 02-11-22

    TASI ends Tuesday’s session recording mixed figures

    (MENAFN) Saudi Arabia’s benchmark index decreased today, pulled down by mixed gaining declarations as well as a decrease at Aramco’s stocks, the biggest market player, is spite of robust three-monthly numbers.

    The Tadawul All Share Index fell 1.18 percent, to close at 11,530, whereas the similar market, Nomu, jumped by 0.49 percent to close at 19,600.

    Saudi oil giant Aramco finished Tuesday's session 0.14 percent under the previous session, after announcing that its revenue had climbed 39 percent in the July-October period of this year, exceeding the average of forecasters’ estimates.

    Incomes at the highest profitable oil firm in the globe reached SR159 billion (USD42 billion) after income saw a rise of 51 percent to reach SR544 billion (USD144.7 billion).

    Saudi Arabian Mining Co., or Ma’aden, dropped 9.92 percent, in spite of its revenue almost trebling to SR8.3 billion (USD2.2 billion) throughout the opening nine months of this year.

    MENAFN02112022000045014228ID1105117150

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