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Dar Al Arkan, Emaar EC soar on agreements with housing ministry

Dar Al Arkan, Emaar EC soar on agreements with housing ministry
Dar Al Arkan stock rose 9.38% to SAR 5.95 (Photo credit: Arabianeye - Reuters)
DAR ALARKAN
4300
-0.13% 15.08 -0.02
EMAAR EC
4220
-0.41% 7.29 -0.03

Riyadh – Mubasher: The stocks of Dar Al Arkan and Emaar the Economic City (Emaar EC) topped gainers during Wednesday’s trades in the Saudi Stock Exchange (Tadawul) on the back of reports about the two companies' negotiations with Saudi Arabia’s Ministry of Housing as part of the country’s National Transformation Programme (NTP) 2020.

Dar Al Arkan stock leapt 9.38% to SAR 5.95 as 64 million shares were exchanged at SAR 375 million; the highest trading activity.

Meanwhile, Emaar EC surged 8.3% to SAR 15.70 through exchanging 8.55 million shares at SAR 132.2 million.