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August 1, 2024

Saudi Stock Market Index Closes Lower

The Saudi Stock Market Index closed Tuesday down 78.98 points to close at 12182.20 points, with trades worth SR 8 billion.

The volume of traded shares reached 322 million shares, with the shares of 79 companies recording an increase in their value, w…

Muscat Stock Exchange Index Closes Higher

Muscat Stock Exchange (MSX) general index (30) closed Wednesday at 4,742.95 points, up by 56.2 points, or 1.2 percent, compared to the last trading session, which closed at 4,686.77 points.

The trading value reached OMR 2.172 million, a decrease of…

Bank of England Cuts Interest Rates for First Time Since 2020

The Bank of England on Thursday cut its main interest rate for the first time since the Covid-19 pandemic in 2020, as inflation in Britain declined over the past few months.

The bank’s Monetary Policy Committee voted by 5 to 4 to cut lending rates by…