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FinancialNews


  • 07-12-22

    TASI closes Tuesday’s session regaining from rising instability to end at 10,444 points

    (MENAFN) Saudi Arabia’s main index regained on Tuesday after recording a high drop on Monday, indicating the increasing volatility in the market.

    The Tadawul All Share Index on Tuesday earned 25 points to end at 10,444.27 points following reaching a decrease of 10,282.81 at 10:31 AM Saudi time. The regain came near on the heels of the 304 points crash the bourse seen on Monday.

    The similar market Nomu, on the other hand, could not stay in line with the quickness with the TASI drive and dropped almost 291 points to end at 18,506.03.

    The advance-decline ratio was pegged powerfully, with 109 shares of the registered 219 going north as well as 91 turning south. The overall exchanging turnover reached SR4.96 billion (nearly USD1.32 billion).

    As shown by market sources, investors were negative around the Saudi market as they estimated the gains might not reach the historical expansion it aimed at.

    MENAFN07122022000045014228ID1105277586

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