Breaking News: Longest Losing Streak in Saudi Stock Market History – Al-Marsad Newspaper

2023-08-08 13:46:10 Al-Marsad Newspaper: The main Saudi stock index closed today, down 27.67 points, to close at 11244.27 points, with transactions worth 6 billion riyals. Longest losing streak The Saudi stock market, “TASI”, closed down for the ninth consecutive session, in the longest series of losses since 2016, according to Al-Ekhbariya. And the shares traded … Read more

Oil is falling before the announcement of US and Chinese data, and OPEC + cuts support the market

2023-07-10 03:03:47 Oil prices fell in early Asian trade on Monday, as investors exercised caution ahead of the announcement of new economic data from the United States and China this week, while expected cuts in crude production from Saudi Arabia and Russia supported the market. By 01:07 GMT, Brent crude futures fell 22 cents, or … Read more

“Iron Prices in Riyadh Decrease by 30% in 2023: Latest Updates and Trends”

2023-05-31 15:01:53 Al-Marsad Newspaper: Iron prices declined in Riyadh for the current year 2023 compared to the same month of last year 2022. Cast iron The price of a ton of SABIC iron reached 2553 riyals today, May 31, 2023, while it recorded 3680 riyals in the same month last year, a decline of about … Read more

“Rahaf Al-Qahtani Denies False Statements about the Commission for the Promotion of Virtue and the Prevention of Vice on Al-Marsad Newspaper”

2023-05-11 12:39:11 Al-Marsad Newspaper: The celebrity of Snapchat, Rahaf Al-Qahtani, denied her previous statements regarding new decisions of the Commission for the Promotion of Virtue and the Prevention of Vice. Rahaf Al-Qahtani said in a video clip: “I, by God, do not have a job. I got the news. I said I am afraid. They … Read more

Major American companies are retreating from investing in Europe…for this reason

Many major companies in the United States tend to reconsider their investments in Europe, in order to take advantage of a new American law that seems to lead to a reduction in American investments in the European continent. The company, “Tesla”, the giant specialized in the production of electric cars, recently announced a strategic shift … Read more

For the second week in a row, gold is declining..what is the reason?

Gold fell more than 1% on Friday after Federal Reserve Chairman Jerome Powell said in his Jackson Hole speech that the US economy will need tight monetary policy “for some time” before inflation is under control. Powell said this could mean slower growth, a weaker labor market and “some pain” for households and businesses, but … Read more

Kuwaiti newspaper newspaper | Dow Jones drops 640 points, its worst performance since June

US stock indices ended yesterday’s trading session with a noticeable decline, with concerns about the prospects for monetary policy and economic recession in the United States. Wall Street investors continued their fears about the continued strong interest rate hike by the Federal Reserve, after statements by members of the Central Bank last week suggesting that … Read more