Mideast Stocks: Most Gulf markets gain; Saudi bourse slips
STC asks banks to pitch for subsidiary IPO -sources
Reuters News - 16-Sep-2020STC asks banks to pitch for subsidiary IPO -sources
Reuters News - 16-Sep-2020Saudi Arabia's benchmark index rose 1.5%, with Al Rajhi Bank adding 1.9% and Saudi Basic Industries gaining 2.4%
Reuters News - 26-Mar-2020Operation and production of plant set to commence in H1 2021
ZAWYA - 08-Mar-2020Production and operation are expected to begin during H1 2021
Mubasher - 08-Mar-2020The new CEO replaces Mohammed bin Saud Al Badr, who will retain his position as the company’s Managing Director
Mubasher - 30-Jan-2020Upon the amendment, the company’s name will be changed from Saudi Chemical to Saudi Chemical Holding
Mubasher - 18-Sep-2019The increase in the company’s capital will be funded by provisions and retained profits, the top official added.
Mubasher - 29-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-2018Abu Dhabi's UNB up after update on potential merger
Reuters News - 01-Nov-2018Refinitiv 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 | 37.500 SAR | 9.97 |
NAT GYPSUM CO | 30.900 SAR | -3.29 |
CEMENT EAST | 44.200 SAR | 2.43 |
ARAB CEMENT CO | 40.900 SAR | 0.49 |
RED SEA INTL CO | 30.100 SAR | -0.33 |
AL BABTAIN | 32.400 SAR | -1.22 |
Powell's comments at virtual Jobs Summit could set the tone for global markets
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