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Saudi stocks open higher amidst preparation for Future Minerals Forum: Opening bell


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Sun, 2022-01-09 11:07

RIYADH: The Saudi stock exchange opened the trading week higher as investors await the kickoff of the Kingdom’s Future Minerals Forum later this week.

As of 10:15 a.m. Saudi time, TASI, the main index, added 0.5 percent to 11,487 points, while the parallel Nomu market edged down by 0.8 percent to 25,419 points.

Among the top five gainers, the Gulf’s mining champion, Saudi Arabian Mining Co., known as Ma’aden, saw a 2.4 percent increase in its share price, reaching SR82 ($21.8).

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