TASI falls as oil price volatility continues: Closing bell

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Mon, 2022-07-25 16:10

RIYADH: The Saudi main index fell lower on Monday, slipping back after volatility in oil prices left investors scrambling ahead of a potential rate hike.

According to Cloning Bell, the TASI fell 0.84 percent to 11,874, while parallel market Nomu ended flat at 21,038.

This was led by a 0.26 per cent drop in Saudi oil giant Aramco and a 2.13 per cent drop in Saudi British Bank, which was voted the best bank in 2022.

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