TASI: Semi-collective rise in real estate stocks
Tadawul trading screen
The Saudi Exchange's (Tadawul) main index TASI witnessed today, July 9, a semi-collective rise in stocks of the real estate management and development sector.
This came after the Cabinet, chaired by the Crown Prince Mohammed bin Salman, approved, on July 8, the updated law for property ownership by non-Saudis.
Shares of Umm Al Qura for Development and Construction Co. (Masar) and Saudi Real Estate Co. (Al Akaria) rose by 9% and 8%, respectively.
|
Performance of Real Estate Stocks |
|||
|
Company |
Share Price |
Change (%) |
Trading Volume (mln shares) |
|
Masar |
26.70 |
+9% |
13.64 |
|
Al Akaria |
20.89 |
+8% |
2.95 |
|
Retal |
16.10 |
+7% |
2.99 |
|
Jabal Omar |
20.86 |
+5% |
12.71 |
|
Emaar EC |
14.53 |
+4% |
0.65 |
|
Banan |
4.85 |
+3% |
1.49 |
|
KEC |
14.18 |
+2% |
2.42 |
|
Dar Al Arkan |
20.03 |
+2% |
2.26 |
|
Taiba |
41.86 |
+1% |
1.06 |
|
Makkah Construction |
91.40 |
+1% |
0.23 |
|
Riyadh Development |
33.52 |
+1% |
0.44 |
|
Sumou |
42.42 |
+1% |
0.41 |
|
Alandalus |
21.82 |
+1% |
0.77 |
|
Cenomi Centers |
20.90 |
(1%) |
9.97 |
|
Red Sea |
47.98 |
(3%) |
0.72 |