Here are a few things you need to know as Saudi stocks start trading on Tuesday.
1) Anaam International Holding Group Co. revealed that its accumulated losses as of Nov. 10, 2019 reached SAR 181 million, representing 92.3% of the capital.
2) Salama Cooperative Insurance Co. received on Nov. 20 a letter from the Saudi Arabian Monetary Authority (SAMA) informing the decline of actual solvency margins below the required level.
3) Saudi Paper Manufacturing Co. (SPM) sold 18,103 fractional shares at SAR 21.60 per share for a total of SAR 390.49 million.
4) The market capitalization of the Saudi Stock Exchange (Tadawul) rose 1.4% to about SAR 1.89 trillion in the week ending Nov. 21, compared to the week before.
5) Brent crude on Tuesday gained 4 cents to reach $63.69 per barrel whereas WTI Crude decreased 3 cents to reach $57.98/bbl.
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