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The Saudi stock market index has seen good growth for the past 30-days reaching 5.28% (a bit over 413 pts), while only 16 companies announced their first quarter results so far, most of which reported negative growth trends (12 out of 16). Cement, construction, and industrial companies are among the ones showing the deepest decline, but the negative trend is also shared by telecom, retail, and real estate companies.  |
AuthorAdil Dahlawi Archives
October 2023
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