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Riyadh – Mubasher: The stock of Saudi Basic Industries Corp (SABIC) on Sunday retreated by 1.26% to reach SAR 98.8, following the disclosure of its financial statements for the second quarter of 2017.
By 11:37 am KSA local time, SABIC posted 1.5 million traded shares at a value of SAR 146.7 million.
SABIC had reported a decline of 25.2% in net profits to SAR 3.71 billion in Q2-17 from SAR 4.96 billion in Q2-16.
Source:
Mubasher