Saudi Zain’s stock hits highest level since 2015

Riyadh – Mubasher: The stock of Mobile Telecommunication Company Saudi Arabia (Zain) added 2.3% on Sunday’s mid-trade, touching the highest level since 2015.

By 01:36 pm Saudi time, Zain’s stock stood at SAR 13.40.

Investors registered the highest volume in four years, with 5.26 million shares traded through 1,970 transactions at a value of about SAR 69.69 million.

On Sunday, the Saudi telecom provider reported turning a profit during the second quarter of 2019, recording SAR 130 million.

MUBASHER Contribution Time: 14-Jul-2019 11:11 (GMT)
MUBASHER Last Update Time: 14-Jul-2019 11:11 (GMT)