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Saudi Shares Register Losses - ASHARQ AL-AWSAT English Archive
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Riyadh, Asharq Al-Awsat – Saudi shares have registered significant losses in transactions at the beginning of the second week of the new year in spite of the successive announcement of the promising results of companies in the past year, the Saudi press agency has reported.

After more than two hours of the start of transactions today, index lost more than 300 points, 4% lower. In the light of the retreat of all eight sectors of the market, its general index currently reached 7, 254 points.

The quantity of transactions which dropped during this period totaled 84 million shares valued at SR 3.4 billion while 82 companies recorded a retreat. Only three companies showed a hike in the value of their shares.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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