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  • 22-06-22

    KSA’s stock markets end Tuesday’s session higher, recovering from its worst drop

    (MENAFN) Saudi Arabia’s benchmark share market grew on Tuesday, regaining some momentum after falling to its worst rate in half a year previously this week.

    The benchmark TASI index gained 2.6 percent to 11,659, pushed by improvements in some of its main players such as Saudi Aramco and Al Rajhi Bank, whereas the similar market Nomu decreased 0.8 percent to 20,875.

    With Saudi Arabia leading the increases, most Gulf peers recovered on Tuesday following a sharp drop.

    Dubai, Abu Dhabi, and Kuwait all surged around 1.2 and 1.7 percent, shadowed by Qatar, Bahrain, and Oman, with earns totaling to 0.4 percent.

    Elsewhere in the Middle East, Egypt’s EGX30 closed nearly 0.2 up.

    MENAFN22062022000045014228ID1104412939

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