• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
UBS raised its target price for Airbnb (ABNB.O) from $149 to $153.On April 27th, Insight Investment analyst Jill Hilzel stated in a report that investors are expected to focus on the divided vote at this weeks Bank of England interest rate decision. London Stock Exchange data shows that the market consensus is that the Bank of England will keep interest rates unchanged at 3.75%, with a market probability of 84%. Hilzel added that the market will also be watching any updates from the Bank of England on its UK growth and inflation forecasts. She noted that the economic growth forecast is expected to be revised downwards, while the inflation forecast is likely to be revised upwards.April 27 - Due to the US blockade of Iranian ports, Iran is unable to ship oil to customers, and empty tankers cannot dock to load cargo, leading to a continuous accumulation of its oil reserves. To avoid the shutdown of some oil fields, Iran has begun storing oil on floating tankers. However, according to current and former Iranian officials, the country, which heavily relies on oil exports for most of its revenue, is now adopting methods not previously used to save storage space. These officials stated that Iranian authorities are using containers and "makeshift storage facilities," namely, dilapidated and abandoned storage tanks in the southern oil-producing regions of Ahvaz and Asaluyeh, to store oil.Ukrainian Prime Minister: During my meeting with Polish Prime Minister Tusk, I expressed to the Polish people their gratitude for their continued support of Ukraine. In the near future, we look forward to signing an agreement on joint control of shared border crossings and resolving technical issues related to registering Ukrainian transport vehicles in the SENT/RMPD system.April 27: Building materials transaction volume was 123,100 tons, an increase of 13.77% compared to the previous trading day. April 24: Building materials transaction volume was 108,200 tons, an increase of 16.97% compared to the previous trading day. April 23: Building materials transaction volume was 92,500 tons, a decrease of 18.72% compared to the previous trading day. April 22: Building materials transaction volume was 113,800 tons, a decrease of 0.35% compared to the previous trading day. April 21: Building materials transaction volume was 114,200 tons, a decrease of 21.08% compared to the previous trading day. Last weeks average: Building materials transaction volume was 110,000 tons.

At The Close of Trading, Saudi Arabian Stocks Fell 1.30 Percent

Skylar Williams

Nov 28, 2022 16:25

5.png


After the Saudi Arabian market closed on Sunday, the Agriculture & Food, Building & Construction, and Industrial Investment sectors led the decrease in stocks.


At the closing of trading in Saudi Arabia, the Tadawul All Share dropped 1.30 percent to a fresh 6-month low.


Tourism Enterprise Co. (TADAWUL:4170) had the strongest performance on the Tadawul All Share during the session, increasing 9.5% or 2.90 points to 32.05. Dr Sulaiman Al Habib Medical Group (TADAWUL:4013) gained 2.38 percent, or 5 points, to close at 215.00 and Arabian Drilling Co (TADAWUL:2381) gained 2.08 percent, or 2.40 points, to 117.60 in late trading.


Malath Cooperative Insurance Co (TADAWUL:8020) had the worst performance during the trading day, sliding 9.69%, or 1.18 points, to 11.00 at the closing. Al Yamamah Steel Industries Co (TADAWUL:1304) closed at 23, down 8.00%, or 2.00 points, while United Wire Factories Company (TADAWUL:1301) closed at 24, down 8.15%, or 2.15 points.


On the Saudi Arabia Stock Exchange, the ratio of decreasing to rising stocks was 201 to 43, with 11 finishing unchanged.


Malath Cooperative Insurance Co (TADAWUL:8020) shares fell 9.69%, or 1.18 points, to 11.00, a 52-week low. United Wire Factories Company (TADAWUL:1301) shares declined 8.16 percent, or $2.15, to settle at $24.20, representing a 52-week low. Al Yamamah Steel Industries Co (TADAWUL:1304) shares fell 8.00%, or $2.00, to $23.00, marking a 52-week low.


The January price of a barrel of crude oil declined by 1.78 percent, or $1.39, to $76.55 per unit. Brent oil for February delivery remained unchanged by 0.00% or $0.00 at $83.71 per barrel, whereas the December Gold Futures contract increased by 0.54% or $9.40 to $1,755.00 per troy ounce.


EUR/SAR stayed stable at 3.91, whilst USD/SAR was steady at 3.76.


US Dollar Index Futures were down 0.03% at 105.94.