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Mobily’s stock drops to lowest level ever Monday

Mobily’s stock drops to lowest level ever Monday
Mobily’s stock drops to lowest level since listing Monday
ETIHAD ETISALAT
7020
8.69% 51.90 4.15

Riyadh – Mubasher: Etihad Etisalat Co’s (Mobily) stock decreased 5.5% to reach SAR 14.40, registering its lowest level since listing, and its sharpest losses since 24 July trading session, by 11:36 am KSA time on Monday on the Saudi Stock Exchange (Tadawul).

The telecommunications provider’s stock saw trading of 1.03 million shares, through 788 transactions, with a turnover of SAR 15.1 million.

In the meantime, the benchmark index of the Saudi Stock Exchange (Tadawul) slid 1.3% or 92.52 points reaching 6,882.54 points.