Bank AlJazira tops Tadawul after 2016 dividends announcement

Riyadh – Mubasher: Bank AlJazira saw a positive performance on Sunday to contradict the Saudi Stock Exchange’s (Tadawul) declines.

The stock led gainers after falling for four sessions.

By 11am KSA time, Bank AlJazira hiked 9.85% to SAR 14.50 after it announced distributing cash dividends for 2016 and increasing the capital through bonus shares.

The bank’s increase accompanied notable activity to top traded value by SAR 37 million through exchanging 2.5 million shares through 247 transactions.

Mubasher Contribution Time: 12-Mar-2017 09:29 (GMT)
Mubasher Last Update Time: 12-Mar-2017 09:32 (GMT)