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Al Mal comments on selling stake in KSA Hail Cement

Al Mal comments on selling stake in KSA Hail Cement
Al Mal stock declined to 29 fils
ALMAL
ALMAL
-3.28% 5.90 -0.20
HCC
3001
0.35% 11.44 0.04

Mubasher: Al Mal Investment has commented on the news recently spread over social media channels regarding selling a stake of Hail Cement Co.’s shares.

The stake sold in the Saudi firm, Hail cement, is related to a client and was sold through an investment portfolio, according to a bourse statement issued on Thursday.

Early on Thursday, Al Mal stock declined to 29 fils at Boursa Kuwait, while Hail cement rose to SAR 8.01 at the Saudi Stock Exchange (Tadawul).