City Cement EGM approves 26% capital cut
The new number of issued shares will amount to 140mln
Mubasher - 26-Aug-2020The new number of issued shares will amount to 140mln
Mubasher - 26-Aug-2020Quarterly profits amounted to $9.65mln
Mubasher - 06-Aug-2020The capital cut will be financed through the company’s internal resources and loans
Mubasher - 05-Nov-2019The company ascribed the increase in profits to the rise in sales value due to the higher average selling price.
Mubasher - 05-Aug-2019Oil prices dropped near 1 percent on Friday as concerns about oversupply worried investors. Global markets dropped on worries over a trade deal between the U.S. and China weighed on sentiment. More commentary on Middle East markets, currencies and precious metals
ZAWYA - 04-Nov-2018Profits reached SAR 24.9 million by the end of Q1-18, compared with SAR 37.9 million for the same period last year
Mubasher - 09-May-2018JEDDAH - The price of oil per a barrel has plummeted from $110 in June 2014 to below $50 in November 2015. While choosing to maintain the production of oil supply to retain global market share, the Saudi Arabian government has had to re-align its expenditure to cope with a budget deficit caused by declining oil revenues.
The Saudi Gazette - 09-Nov-2015The Saudi equities index had dropped 1.1 percent on Sunday. On Monday the impact of that news faded
The Saudi Gazette - 03-Nov-2015Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
SAUDI ADV IND | 23.340 SAR | 5.14 |
NAT GYPSUM CO | 29.750 SAR | 2.23 |
CEMENT EAST | 42.300 SAR | -0.35 |
ARAB CEMENT CO | 42.200 SAR | -0.71 |
RED SEA INTL CO | 28.200 SAR | 4.44 |
AL BABTAIN | 32.400 SAR | 0.00 |
Dollar hits fresh three-year lows against commodity-linked currencies
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