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Amiantit stock hits highest level since January 2016

Amiantit stock hits highest level since January 2016
By 2:00 pm KSA time, the stock increased 8.26% to SAR 5.76, after 7 million shares were exchanged through 2,000 transactions, generating SAR 40 million
AMIANTIT
2160
-30.41% 25.75 -11.25

Riyadh – Mubasher: Saudi Amiantit Group’s stock levelled up during Sunday’s trading activities, registering its highest level since 29 January 2016, after the European Commission approved the company's joint venture (JV) agreement with Austria-based WIG Wietersdorfer Holding GmbH (Hobas).

By 2:00 pm KSA time, the stock increased 8.26% to SAR 5.76, after 7 million shares were exchanged through 2,000 transactions, generating SAR 40 million.

In the meantime, the Tadawul All Share Index (TASI) rose 0.17% or 11.72 points to reach 7,097.28 points.