Riyad REIT incurs SAR 2.46m losses in 6M

Riyadh – Mubasher: Riyad REIT fund, managed by Riyadh Capital, posted net losses of SAR 2.46 million in the six-month period ended 31 December 2015, according to a bourse statement.

The Sharia-compliant fund’s total revenues stood at SAR 3.92 million.

The fund's stock began trading on the Saudi Stock Exchange (Tadawul) on Sunday under the code 4330.

The Capital Market Authority (CMA) has approved a request by Riyad Capital to register and list the fund on Tadawul.

Mubasher Contribution Time: 21-Nov-2016 13:23 (GMT)
Mubasher Last Update Time: 21-Nov-2016 13:23 (GMT)