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Foreign investors rushed to Tadawul in August
PLUS: Cable cuts in the red sea disrupt internet connectivity
TASI’s downturn deepens in August
The benchmark’s total market cap hit SAR 8.9 tn by the end of last month
Fund managers bullish on banks, healthcare as Tadawul seen undervalued -SNB Capital
Some 53% of fund managers reported cash-holdings of less than 5% of AUM
Capital markets cool in 2Q as equity flows slow, debt stalls
Institutions held 95.2% of the SAR 8.7 tn total market value in 2Q
Sign World Nomu IPO is 108.74% covered
The company is set to have raised SAR 18 mn in proceeds, giving it a market cap of SAR 90…
Wajd Life sets Nomu IPO price range
The top of the range would allow Wajd to raise SAR 14.3 mn in proceeds, giving it a market cap…
Almajdiah’s retail offering closes 2.8x oversubscribed
Final allocations were made yesterday
Syrian delegation lands in Riyadh to boost investment ties
A central “fund of funds” is on the table to act as a platform for organized investment
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