Markets
Brent crude nears $80 mark ahead of meeting
Oil prices plunge 4 percent as organization meeting gets postponed
After securing approval from the Capital Market Authority
Kingdom restructured in August SAR35.7 bn of debt instruments
5 percent fall due to concerns about global demand
Saudi expected to extend supply cuts
Products include equities, indices, currencies, crypto, and commodities
Equivalent to 24.9 percent of total share capital
Gold prices increased 0.42 percent during Sunday's Asian trading session
Market focus shifted to supply-demand balance as Middle East concerns ease
US Dollar index settled at 105.07, while Euro reached $1.0727
Middle East crisis continues to impact investment activity
Kingdom to continue voluntary reduction of 1 million barrels per day
Mixed expectations surrounding future prices
Futures prices up 12 percent to just under 50 euros per megawatt
The demand for safe havens led to gold rising over $1,809.50 on October 6th
Canceling commissions for trading sukuks and bonds contributes to market growth
The five-year sukuk segment generated over $14 billion in demand
Deep expertise in complex mathematical models and algorithms
Second Saudi Exchange IPO advisory for the investment bank franchise
The sector raised an impressive $4.8 bn in 2022
Sustained rise in crude oil prices might invigorate the regional energy domain
Order books were fully subscribed across the price range within a few hours
