Tadawul rejects main market listing for food firm after pump and dump claim

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Al Rajhi Tadawul telefon numarası ve doğru ticaret yöntemi

Al Rajhi Tadawul telefon numarası ve doğru ticaret yöntemiAl-Rajhi ticaret telefon numarasının adresi, doğru ticaret yöntemi, hisse senedi ticaret numarası, tüccarın Al-Rajhi telefon numarası ve bankanın numarası bu numaraları açıklayacağız Al Rajhi Tadawul telefon numarası ve doğru ticaret yöntemi Al Rajhi işlem gören banka numarası ve cep telefonu numarası. Birçok kişi Al Rajhi Tadawul’un…

Tadawul has more Upside Room

Tadawul has more Upside Room

There’s good news for traders and investors in the Saudi Stock market as financial experts believe the Tadawul (تداول) likely has more upside room.

After seeing a low of 8190 earlier last month on May 14, Tadawul rose by 11% in the last 8 trading sessions, although it did remain slightly volatile in the past 2 weeks.

Given that Saudi’s…

The Tadawul All Share Index rose as much as 2 percent, leading gains in Middle East equity gauges, following upbeat third-quarter earnings and deal announcements.

“All recent deals and corporate announcements are positive, so there are expectations for foreign portfolio flows into the country, which could happen starting early next year,” said Muhammad Faisal Potrik, head of research at Riyad Capital. “News and sentiment is expected to be positive until year-end or early next year.”

Saudi Company For Hardware, Yanbu National Petrochemical Company and Mouwasat Medical Services Company were among top gainers, rising at least 3.5 percent.

Highlights: Al Hammadi Company for Development and Saudi Arabian Fertilizer Company fell at least 0.6% Markets in the United Arab Emirates are closed for a public holiday Stock gauges in Qatar and Egypt declined

MIDDLE EASTERN MARKETS:

Saudi stock gauge closed up 1.8 percent in Riyadh, with 166 gainers and 12 laggards.

Saudi Company For Hardware rose 7%, Yanbu National Petrochemical Company gained 5.2% , and Mouwasat Medical Services Company climbed 3.5% Stock gauges in Oman and Kuwait were little changed, while in Qatar it declined 0.5% Egypt’s EGX30 closed down 1.3%, with 22 laggards and 4 gainers Israel’s TA-35 closed up 1.45%, with Israel Corp leading the gainers, rising 3.3%

The post Saudi’s Tadawul Leads Gains in Middle East Markets appeared first on Bloomberg Businessweek Middle East.

Saudi Arabia’s main stock gauge erased losses even as the kingdom continues to face questions about the killing of a government critic in Istanbul.

The Tadawul All Share Index rose 0.2 percent at the close on Sunday, rebounding from an earlier drop of as much as 3.8 percent, the most in the Middle East. The gauge climbed 1.6 percent last week as some traders speculated that state-linked funds were propping up shares amid high volatility.

The oil-rich kingdom said an initial probe showed that the journalist Jamal Khashoggi was killed after “discussions” at the consulate in Istanbul turned physical, reversing earlier denials of involvement in his disappearance. U.S. President Donald Trump, after initially calling the Saudi statements a “good first step,” said Saturday that it’s a concern the officials haven’t said where Khashoggi’s body lies.

“There is still a layer of investor uncertainty around the reaction from different world leaders that is encouraging the mixed performance in the Saudi index,” said Jameel Ahmad, head of currency strategy and market research at foreign exchange brokerage FXTM.

  The post Saudi Arabian Stocks Rebound From Losses appeared first on Bloomberg Businessweek Middle East.