United International Holding shares jump 30%, leading Saudi market gains

TASHEEL -1.44%

TASHEEL

4083.SA

157.70

-1.44%

Mubasher - Mr. Jamal: The stock of United International Holding Company, the new entrant to the main market of the Saudi Stock Exchange, and listed in the financial services sector, recorded a strong performance in its first session in the market, as the stock topped the market’s gains, achieving maximum gains.

United International Holding Company (UIH) shares rose 30% by 10:26 Saudi time, topping the gains of shares listed on the TASI.

The company's share price achieved gains of 39.60 riyals, bringing the share price at this moment to 171.60 riyals.

The value of trading on the stock at that time reached 106.78 million riyals, through trading on 622.39 thousand shares through the execution of 1939 transactions.

At the level of the general index of the Saudi market "TASI", it recorded an increase of 0.20%, gaining 22.97 points, reaching a level of 11,762.32 points.

The trading value in the market reached 790.09 million riyals, through the execution of 64.55 thousand transactions on 41.31 million shares.

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