Tadawul market rises amid lower market depth

March 7, 2014 9:23 am

The Tadawul All Share Index advanced 0.96 per cent to close at 9,248.82 points on Thursday, March 6 maid moderate trading volumes. SABIC gained 0.22 per cent to close at SAR114.75. Aldrees Petroleum and Transportation Company lost 3.95 per cent to SAR38.90. Earlier on Wednesday, Aldrees said shareholders approved the increase the company’s capital from SAR300 million to SAR400 millions. The increase will be done through capitalization SAR100 million and funded through retained earnings and the firm’s statutory reserve.

Gérard Al-Fil