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  • 15-11-22

    TASI closes Monday with decreases due to oil prices decline

    (MENAFN) Saudi Arabia's benchmark index closed on a lower note on Monday, as Brent crude oil dropped by USD1 to USD94.99 per barrel.

    The Tadawul All Share Index was decreased by 0.44 percent to end lower than 11,197 level, while the similar market Nomu witnessed a 0.11 percent decline to amount to 19,002.

    Raydan Food Co. jumped 9.89 percent as it was between the highest earners. Additionally, previously in the morning, it stated that its total drops have been reduced to zero, after a 53.2 percent capital drop.

    Oil behemoth Saudi Aramco fell 1.89 percent, whereas Ma'aden also fell by 1.85 percent.

    Saudi National Bank, the state's biggest lender, witnessed a 3.01 percent decrease, whereas Alinma Bank fell 0.26 percent.

    Theeb Rent a Car Co. fell 1.87 percent upon its announcement of a cash share of SR0.62 per stock for the July-October period of this year.

    Banque Saudi Fransi witnessed a 1.53 percent jump following the reveal of programs to release US-dollar denominated notes below its Medium Term Note Program.

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