Saudi Exchange’s Tadawul almost flat as omicron fears persist

Saudi Arabia's stock market closed almost flat on Tuesday as concerns about the new omicron COVID-19 strain persisted.

The main stock index, TASI was down very slightly 0.45 percent, reaching 10,761.80 points at the closing bell.

Saudi’s parallel market Nomu was up slightly, by 0.87 percent at the end of the trading session.

Industrials Albaha and Saydan were among the top gainers, up 10 percent and 9.98 percent respectively.

With a share price decline of around 4 percent, Enaya and Amana Insurance were the lowest-performing stocks.