TASI Index: 11,442.56 -0.19%

Vol: 08/02/2023
High: -0.21%
Low : 11,375.78









































Saudi Exchage Morning Shout

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-22 points loss for KSE-100 Index

Bulls abandoned their position at Kuwait Stock Exchange as the bears gripped the local bourse in the current trading session of the week. Markets succumbed to selling bout losing -22 points , trading in negative zone. Wrapping the session in red zone left the stocks jittery. A trend of insecurity swept over the business where caution kept the traders from buying into stocks all through the trading day. The market stands at 11442 points. Experts believe however that all the positive news are now being incorporated in the price patterns of the market at the tail end of results season. The current international situation and political instability is casting a shadow of doubt in the mind of the investor. The market can remain volatile in the next few days.

Headlines

News Source Perception
Saudi women tackling, kicking their way into football AN Neutral
Saudi authorities plan to boost assets under management to 29.4% of GDP in 2024 AN Positive
Female students take top prizes at university’s Engineering Hackathon AN Neutral
Saudi authority imposes $11.4m in fines on investors for dodgy practices AN Biz Neutral
America’s Taylor Dees wins 1st open international marathon for women SG Biz Positive
MHRSD issues 2.35 million self-employment documents for freelancers SG Biz Neutral
Hurricane Idalia: Saudi Arabia's consulate in Houston cautions citizens SG Biz Neutral
Seychelles plane makes emergency landing in Jeddah SG Neutral
This measure is now in place instead of linking the disbursement of financial extracts for contracts for providing vehicle transport services to the document approved by the Transport General... SG Neutral

Sentiment Analysis

Twitter Trend

Current Earlier
#النصر_الشباب#سكربت54
#احسمو_صفقه_راموس_للاتحادمدير كره
رونالدوبانيغا
#الذواقه85مختار علي
#الاهلي_الطاييابو جونيور

Markets Overview

Recent Index Quotes

Date Quote Percentage
08/29/202311,442.56-0.19%
08/28/202311,464.260.52%
08/24/202311,405.300.34%
08/23/202311,367.07-0.09%
08/22/202311,377.55-0.27%
08/21/202311,408.45-0.81%
08/20/202311,501.420.44%
08/17/202311,451.310.51%
08/16/202311,392.76-0.18%
08/15/202311,412.88-0.70%
08/14/202311,493.82-0.45%
08/13/202311,546.151.07%
08/10/202311,424.121.22%
08/09/202311,286.210.37%
08/08/202311,244.27-0.25%
08/07/202311,271.94-0.70%
08/06/202311,351.48-0.21%
08/03/202311,375.78-0.89%
08/02/202311,478.28-1.36%
08/01/202311,636.07-0.48%
07/31/202311,692.23-0.82%
 

Arab News

  • Prince Faisal bin Farhan speaks with Swiss foreign minister
  • Saudi FM discusses preparations for Expo 2030 with BIE chief
  • Female students take top prizes at university’s Engineering Hackathon
  • Illegal workers in Riyadh region arrested after changing expiry dates on food products
  • Saudi Arabia calls for unified Arab efforts to confront environmental challenges
  • Tourism Ministry signs job-creation deal
  • Specialist hospital is top healthcare institution
  • Digital Cooperation Organization to attend Islamic Summit in Gambia

Arab News Biz

  • Islamic finance industry projected to grow in 2024-2025
  • Pakistan says expecting more high-level Saudi business delegations amid investment push
  • Saudi authority imposes $11.4m in fines on investors for dodgy practices
  • Saudi energy minister lauds growing economic ties with Uzbekistan
  • Alvarez & Marsal opens regional headquarters in Riyadh 
  • UAE banks’ aggregate capital, reserves exceed $136bn
  • Saudi financial robo-advisory firm Abyan Capital secures $18m in funding  

Saudia Gazzete

  • Cabinet states govt entities need to verify availability of operating cards issued by TGA
  • This measure is now in place instead of linking the disbursement of financial extracts for contracts for providing vehicle transport services to the document approved by the Transport General...
  • Seychelles plane makes emergency landing in Jeddah
  • Benzema's injury raises concerns for Al-Ittihad ahead of clash with Al-Hilal
  • Sports
  • America’s Taylor Dees wins 1st open international marathon for women
  • Melody Festival: Celebrating Saudi Arabia's music heritage and artists
  • MHRSD issues 2.35 million self-employment documents for freelancers
  • Saudi Arabia, Poland strengthen air transport cooperation in new agreement
  • Hurricane Idalia: Saudi Arabia's consulate in Houston cautions citizens

Economic Overview

Year GDP (Bln. KD) GDP(Bln.USD) Growth
2022 39.639 183.568 8.6%
2021 36.477 135.761 1.3%
2020 36.006 105.949 -8.87%
2019 39.504 136.192 -0.91%
2018 39.724 138.202 13.99%
2017 38.778 120.687 10.75%
2016 40.697 109.381 -4.11%
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