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  • 18-07-22

    Saudi shares slightly Bounce back from its worst level in 2022

    (MENAFN) Saudi shares bounced back a bit at the end of Sunday amid reaching the worst level since late-December on Thursday.

    The benchmark index, TASI gained 1.16 percent to 11,292, whereas the similar market, Nomu, rose 0.23 percent at 20,611.

    Anaam International Holding Group earned 9.95 percent to top the earners, trailed by Saudi Industrial Export Co. with a 9.82 percent earn.

    Arabia Insurance Cooperative Co. topped the droppers with an 8.47-percent decrease, trailed by Fitaihi Holding Group with a 6.77 percent loss.

    Saudi Aramco, the biggest player on the Saudi oil market, finished today’s trading session 1.93 percent higher.

    Almarai Co. fell 1.73 percent in spite of hitting an 8.4 percent rise in income to SR941 million (USD251 million) for the first 6 months of this year.

    Jarir Marketing Co. fell 2.78 percent, after recording SR429 million in revenue for the first 6 months of this year, 6 percent lower against the same period in 2021.

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