RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Thursday’s trading session at 12,102.55 points, marking an increase of 25.24 points, or 0.21 percent. The total trading turnover of the benchmark index was SR5.55 billion ($1.47 billion), as 99 of the listed stocks advanced, while...
The MSCI Tadawul Index increased by 8.37 points, or 0.58 percent, to close at 1,460.35. The best-performing stock of the day was Tamkeen Human Resource Co., whose share price surged 18.00 percent to SR76.70. Other top performers included Zamil Industrial Investment Co., whose share price ros...
international listing for the ipo is doubtful. saudi arabia has been at it for a long time, attempting to manipulate the price of oil through the opec cartel by making production adjustments. and so it is no surprise that some suggest the share price of saudi aramco (tadawul: 2222) ( armc...
Aramco is expected to offer 1.5 percent of its shares in the upcoming IPO on the Saudi Stock Exchange (Tadawul). At this valuation, the company would raise 24-25.5 billion dollars from the IPO. The deadline to submit bid forms for institutional investors, such as banks or hedge funds, is...
Dec. 24Tadawul All Share Index Ends in Red; Moody's Issues Short-term Rating to Saudi AramcoMT Valuation: Aramco Capitalization6,775BP/E ratio 2024 * 16.8x P/E ratio 2025 *16.5x Enterprise value6,868BEV / Sales 2024 * 3.86x EV / Sales 2025 *4.16x ...
The Tadawul ispositively correlatedto U.S. stock markets due to acurrency peg. In turn, the Tadawul is thought to be highly positively correlated to neighboring stock exchanges, such as the Abu Dhabi stock exchange, the Dubai Stock Exchange, and the Bahrain Stock Exchange. Usually, price movem...
STC is up 3.4 per cent this year, compared with a 26 per cent gain on the Saudi benchmark Tadawul All Share Index. The stock fell 3.9 per cent last week after the announcement of the stake sale. However, analysts’ price targets imply a 13 per cent return for the stock over the next...
Gold is a very important financial asset, and in financial crises usually investors look at gold as the safe haven for them. Stock market is one of the most important aspects of the economy, in Saudi Arabia; Tadawul All Share Index (TASI) has huge market value in the region, reaching ...
opened to foreign investors on June 15 amid a great degree of hype. However, tight regulations and high valuations meant that foreign buyers failed to materialize in substantial volumes, while domestic investors sold. The benchmark Tadawul All Share Index has fallen by roughly 5 percent since ...
RIYADH: Saudi Arabia’s Tadawul All Share Index concluded Thursday’s trading session at 12,102.55 points, marking an increase of 25.24 points, or 0.21 percent. The total trading turnover of the benchmark index was SR5.55 billion ($1.47 billion), as 99 of the listed stocks advanced, while...