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Saudi Zain’s stock hits highest level since 2015

Saudi Zain’s stock hits highest level since 2015
Zain’s stock stood at SAR 13.40
ZAIN KSA
7030
-1.32% 12.00 -0.16

Riyadh – Mubasher: The stock of Mobile Telecommunication Company Saudi Arabia (Zain) added 2.3% on Sunday’s mid-trade, touching the highest level since 2015.

By 01:36 pm Saudi time, Zain’s stock stood at SAR 13.40.

Investors registered the highest volume in four years, with 5.26 million shares traded through 1,970 transactions at a value of about SAR 69.69 million.

On Sunday, the Saudi telecom provider reported turning a profit during the second quarter of 2019, recording SAR 130 million.