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Research and Marketing’s stock rises to 11M high Tuesday

Research and Marketing’s stock rises to 11M high Tuesday
Turnover on the stock amounted to SAR 54.12 million
SRMG
4210
-2.41% 137.60 -3.40

Riyadh – Mubasher: Saudi Research and Marketing’s stock on Tuesday jumped to its highest level in almost eleven months, or since 16 August 2016, leading the Saudi bourse’s gainers.

By 1:53 pm KSA time, the stock rose 5.3% to SAR 37.85 on the Saudi Stock Exchange (Tadawul).

Turnover on the stock amounted to SAR 54.12 million after 1.46 million shares changed hands through 2,310 transactions.

Saudi Research and Marketing’s stock has been in the green for three straight sessions, or since the start of July, data showed.

In the meantime, the Tadawul All Share Index (TASI) was down 1.4% or 107.48 points to 7,384.96 points.