Al Rajhi Banking and Investment Corporation (SASE:1120) agreed to acquire additional 12.5% stake in Al Rajhi Company for Cooperative Insurance (SASE:8230) on September 5, 2022. Al Rajhi Banking and Investment Corporation (SASE:1120) also obtained approval from the Saudi Central Bank to complete the process of increasing its stake in the insurer. Previously, it owned 22.5% of Al Rajhi company.
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5-day change | 1st Jan Change | ||
141.4 SAR | -2.88% | -5.48% | +99.15% |
May. 06 | Saudi Shares Close Monday Little Changed | MT |
May. 06 | Al Rajhi Co. for Cooperative Insurance Logs Surge in Q1 Net Profit, Revenue | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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141.4 SAR | -2.88% | -5.48% | 3.88B | ||
80.1 SAR | +0.38% | -0.87% | 85.11B | ||
1st Jan change | Capi. | |
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+99.15% | 3.88B | |
+11.93% | 103B | |
+8.90% | 101B | |
+3.12% | 71.89B | |
+25.17% | 29.97B | |
+6.81% | 19.11B | |
+1.75% | 13.03B | |
+14.15% | 11.59B | |
+13.09% | 10.84B | |
+16.39% | 9.94B |
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- Al Rajhi Banking and Investment Corporation agreed to acquire additional 12.5% stake in Al Rajhi Company for Cooperative Insurance.