AXA Coop Insurance gains as firm gets nod for e-sales
The Riyadh-based Tadawul All-Share Index advanced by 0.71 per cent to reach 10,552.48 points on Thursday, Aug. 7.
AXA Cooperative Insurance Company added 0.40 per cent, finishing at SAR43.70. Since June, the stock has been trading in a narrow range around SAR45.
Earlier in the day, AXA Coop said the Saudi Arabian Monetary Agency SAMA gave green light for AXA’s application for the electronic sales via the company’s website for the company’s travel insurance, motor insurance and personal accident insurance.