Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia’s stock exchanges close fruitful trading week


(MENAFN) The previous week, Saudi Arabia’s stock exchange closed a fruitful exchanging week amidst intensified investor sentiment, with the benchmark stock index, TASI, exchanging higher than the 12,000 level for the first time in more than 15 years.

At the most recent session’s closing bell, TASI prolonged 4-day profits, increasing by 1 percent to 12,079 points, and Nomu, the equivalent market, jumped to 26,263 points.

Tadawul’s profits were in alignment with fellow GCC bourses, led by Kuwait’s BKP which increased by 1.5 percent, and the Qatari index QSI, up 1.3 percent.

Abu Dhabi’s FTSE ADX General Index soared 0.7 percent, and Dubai’s DFMGI surged by 0.2 percent. Moreover, stock indexes of Bahrain and Oman rocketed 0.6 and 0.2 percent, in that order.

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