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Tadawul market retreats slightly

: Monday, April 21 - 2014 @ 18:12

The Saudi Arabian Tadawul All Share Index fell by 0.20 per cent to 9,617.76 points on Monday, April 21. Middle East Specialized Cables Company fell by 1.27 per cent to SAR15.55. Earlier in the day, the firm said it suffered in the first quarter a net loss of SAR7.83 million because of “the decrease of instrumentation cables sales volume due to the postponement of the delivery of some orders from EPC customers, which was partially offset by an increase in power cables sales that has less profit margins.”

 

Gérard Al-Fil

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Monday, April 21- 2014 @ 18:12 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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