Saudi CMA suspends trading on Saudi Cable stock

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) extended trading suspension on Saudi Cable Co.'s stock until announcing the annual financial results for the period ended 31 December 2017.

CMA’s decision is based on its capital market system and the executive regulations.

On Monday, Saudi Cable swung to losses in the third quarter of 2017 after incurring SAR 34.5 million, against profits worth SAR 4.9 million in the year-ago period.

Mubasher Contribution Time: 27-Feb-2018 08:21 (GMT)
Mubasher Last Update Time: 27-Feb-2018 08:29 (GMT)