Dallah Healthcare shares close at all-time high

Logo of Dallah Healthcare Co.

Shares of Dallah Healthcare Co. rose 4% to close at SAR 182.40 today, July 23, hitting their highest level since listing.

The stock reached its highest level of SAR 189.80 during today's session, with nearly 326,000 shares traded.

Dallah Healthcare was established in 1994 and debuted on Tadawul in 2012.

The company operates under the hospitals sector, as its hospitals has inpatient and outpatient departments, as well as specialized clinics. The company also provides other activities, including manufacturing, distribution, and trading of medicines, as well as management and operation of hospitals. Dallah also provides support services for the maintenance of hospitals and medical centers. In addition, the company undertakes other investments in the healthcare sector in the Middle East, where it invests in several healthcare companies.

The company increased its capital four times, which currently stands at SAR 976.8 million.