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
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