Riyadh – Mubasher: Kingdom Holding Company’s (KHC) stock jumped 9.97% to SAR 10.04, registering its highest growth rate in more than eight years or since 16 January 2010 on Sunday on the Saudi Stock Exchange (Tadawul).
KHC’s stock also hit its highest level since November 2017.
By 11:10 am KSA time, the stock saw trading of 1.7 million shares through 543 transactions, generating SAR 17 million.
In the meantime, the Tadawul All Share Index (TASI) levelled up 0.22% or 16.61 points, reaching 7,538.25 points.
On Saturday, Reuters reported that KHC’s main shareholder Alwaleed bin Talal was reportedly released from detention.
