Riyadh – Mubasher: Mediterranean and Gulf Cooperative Insurance and Reinsurance’s (Medgulf) stock registered its highest level since nine months, or since 13 November 2016, during Wednesday's trading activities.
By 1:00 pm KSA time, the stock surged 9.08% to SAR 13.10, after 1.53 million shares were exchanged, through 976 transactions, generating SAR 19.6 million.
In the meantime, the Saudi Stock Exchange (Tadawul) increased 0.1% or 7.43 points to reach 7,110.67 points.
