• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ukrainian President Zelensky: We have every right to say that we have defended our independence and that we have not lost our national status.February 24th - According to data from the National Energy Administration, statistical analysis of 53,300 highway charging piles included in the national charging facility monitoring and service platform shows that from the 28th day of the twelfth lunar month (February 15th) to the 7th day of the first lunar month (February 23rd), electric vehicles were charged a total of 6.021 million times on highways, with a total charging volume of 149.7675 million kilowatt-hours. The average daily charging volume was 16.6408 million kilowatt-hours, an increase of 52.01% compared to the average daily volume during last years Spring Festival, setting a new historical record.On February 24th, according to Tianyancha, a business information platform, Xiaomi Technology Co., Ltd. recently applied to register multiple trademarks for "Xiaomi Smart Storage," covering international classifications such as scientific instruments, communication services, and website services. All trademarks are currently awaiting substantive examination. Xiaomi Technology Co., Ltd. was established in March 2010, with Lei Jun as its legal representative and a registered capital of 1.85 billion RMB. Its business scope includes technology import and export, sales of communication equipment, sales of daily necessities, general merchandise, retail of household appliances, and furniture sales. It is jointly owned by Lei Jun, Li Wanqiang, and others.U.S. Defense Secretary Hergsays: Iran should reach a deal. Iran has a chance to reach a deal. This is the outcome Trump wants. If Iran decides not to reach a deal, we will prepare options for Trump.February 24th - European car sales declined in January, ending a six-month winning streak. This was attributed to weakened consumer purchasing power in several markets, while demand for electric vehicles remained strong. The European Automobile Manufacturers Association (EADA) said on Tuesday that new car registrations fell 3.5% last month to 961,382 units. France and Germany, the regions largest market, saw the largest declines, while sales rose in the UK and Italy. German car buyers remain hesitant due to high car prices, rising unemployment, and core industrial companies downsizing. While new electric vehicle incentives may provide some support, the overall weak trend is likely to continue this year. Germany accounted for 22% of the European passenger car market last year.

At The Close of Trade, Saudi Arabian Stocks Are up 0.18 Percent

Aria Thomas

Dec 26, 2022 14:34

14.png


Sunday's market closing in Saudi Arabia was followed by increases in the Media & Publishing, Insurance, and Petrochemicals industries.


At Saudi Arabia's market close, the Tadawul All Share rose 0.18 percent.


Al Sagr Co-operative Insurance Co (TADAWUL:8180) had the strongest performance on the Tadawul All Share, gaining 10.00% or 1.24 points to conclude the day at 13.64. Amana Cooperative Insurance Co (TADAWUL:8310) gained 7.33 percent, or 0.66 points, to close at 9.66, while Wataniya Insurance Company (TADAWUL:8300) rose 5.07 percent, or 0.68 points, to 13.68 in late trading.


Al Yamamah Steel Industries Co (TADAWUL:1304) had the lowest performance throughout the session, declining 6.40 percent, or 1.56 points, to close at 22.82. Saudi Arabian Cooperative Insurance (TADAWUL:8100) fell 5.38 percent, or 0.70 points, to close at 12.30, but Perfect Presentation for Commercial Services Company PJSC (TADAWUL:7204) fell 4.17 percent, or 7.40 points, to 170.00.


On the Saudi Arabia Stock Exchange, declining equities outweighed gaining ones by 141 to 98, with 14 ending unchanged.


Al Yamamah Steel Industries Co (TADAWUL:1304) shares reached 52-week lows, declining 6.40%, or 1.56 points, to close at 22.82.


The price of crude oil for February delivery increased by 2.40 percent, or 1.86 dollars, to $79.35 a barrel. Brent oil for March delivery was steady, trading at $84.50 per barrel, while the February Gold Futures contract increased 0.60 percent, or 10.70 cents, to trade at $1,806.00 per troy ounce.


EUR/SAR increased 0.18 percent to 3.99, while USD/SAR remained constant at 3.76.


The US Dollar Index Futures fell 0.08 percent to 104.04.