British Airways to drop 15 long-haul routes, including Jeddah and Abu Dhabi
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Jeddah – Yasmine El Tohamy – Saudi stocks rebounded on Tuesday, with the benchmark Tadawul All Share Index (TASI) rising 1.7 percent, or 142 points, to 8,680 points on Tuesday.
Total turnover reached SR10.9 billion ($2.9 billion), with advance-decline ratio at 194:2.
The index was down nearly 150 points on Dec. 21.
Blue chip SABIC rose 2 percent to SR101, while banking major Al Rajhi gained 1.6 percent to SR74.40.
Oil giant Saudi Aramco edged up 0.6 percent to SR35.
Advanced went up 3.2 percent to SR67.10, as the firm’s board of directors recommended 6.5 percent dividend for Q4 2020.
Alhokair Group, Anaam Holding and Saudi Re closed limit up at SR22.22, SR97.90 and SR14.96, respectively.
Meanwhile, Abdullah Al Othaim was the top decliner, falling 1.3 percent to SR124.
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