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  • 29-08-22

    TASI closes week with a negative outcome

    (MENAFN) Saudi shares were down to a negative start this week after the gaining period finished with varied outcomes, forcing stockholders to be careful.

    The Tadawul All Share Index established the first trading season of the week decreasing 0.52 percent at 12,526, whereas the similar Nomu closed 0.61 percent lower at 21,763.

    Oil giant Saudi Aramco closed the session with a 1.65 percent decrease, whereas Al Rajhi, the Nation’s biggest valued bank, saw a drop of 1.41 percent.

    The stock price of Alinma Bank fell by 0.91 percent, whereas the Saudi British Bank shed by 1.07 percent.

    The Saudi National Bank, the nation’s largest lender, fell 1.26 percent, as it declared the beginning of its additional riyal-denominated sukuk bid on the 28th of August.

    Alhokair Group’s shares witnessed a fall of 1.6 percent, in spite of managing to cut down its losses by 49 percent throughout the January-June period of this year.

    MENAFN29082022000045014228ID1104772977

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