Northern Region Cement joins Saudi earnings spree

February 11, 2014 5:48 am

The Tadawul All Share Index gained 0.10 per cent to 8,837.95 points on Monday, February 10. Northern Region Cement added 0.20 per cent to SAR24.95. Earlier in the day, Northern Cement said that its net income in 2013 surged by 151 per cent to SAR234 million ($63.18m). Market bellwether SABIC closed even at SAR111.75. Since January 1, the gauge gained four per cent in value. In the past 12 months, the TASI surged by 31.71 per cent.

Gérard Al-Fil