TASI in green on higher oil prices: Closing bell

  • 10/20/2022
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RIYADH: Saudi Arabia’s main index ended in green on Thursday as oil prices edged higher. The Tadawul All Share Index rose 1.43 percent to end at 11,963, while the parallel market Nomu gained 0.95 percent to finish at 19,746. Saudi oil giant Aramco ended the session 0.84 percent higher, while Rabigh Refining and Petrochemical Co. increased 0.28 percent. The Saudi National Bank, the Kingdom’s largest lender, rose 2.18 percent, while Saudi British Bank decreased by 2.08 percent. The Kingdom’s most valued bank Al Rajhi increased by 2.33 percent, while Alinma Bank rose by 0.95 percent. Among the top gainers were Saudi Cement Co., which rose 5.66 percent and Al-Omran Industrial Trading Co., that rose by 5.36 percent. Almarai Co. was among the top losers, declining by 3.11 percent and Alamar Foods Co. decreased by 2.11 percent.

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