NEWS BITES - MIDDLE EAST & NORTH AFRICA
Saudi Arabian Mining Company (TASI:1211), Saudi Arabia's largest Industrial investment company by market cap, extended its gains on Thursday, rising an additional SAR2.40 (3.6%) to close at SAR69.80. The shares have soared SAR6.50 (10.3%) over the past three trading days, compared with the All Share Index (TASI) which rose 76.0 points (0.7%) in the three days for a relative price increase of 9.6%.
Cumulative volume in the 3 days was 0.5 times the average 3-day volume of 3.6 million shares. There were 2,336,252 shares worth SAR163.1 million ($43.5 million) traded today.
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Saudi Arabian Mining Company (SA:1211; SAU:1211; AB:1211)