Saudi stocks tumble amid Ukraine-Russia conflict.

Saudi stocks tumbled as the trading session started on Thursday amid the Russia-Ukraine conflict. Brent crude crossed $100 for the first time since 2014, rising 6.22 percent to $102.9 as of 10:07 a.m. Saudi time. US benchmark WTI went up to $97.59 a barrel. As of 10:08 a.m. Saudi time, the main index, TASI, slumped 2.42 percent to reach 12,224 points, while the parallel market, Nomu, fell 1.41 percent to 25,052 points. In the financial sector, the Kingdom's largest valued...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT