Browsing: Stock Market

CEO Bander Al Mohanna has confirmed that Flynas, Saudi Arabia’s budget airline, intends to launch an Initial Public Offering (IPO) later this year, publicly listing its shares on the Tadawul stock exchange.

On Monday, Tokyo stocks saw a significant decline in the opening moments, with the 225-issue Nikkei Stock Average dropping 647.28 points, or 1.64 percent, from Friday’s close to reach 38,876.27 within the first 15 minutes of trading.