Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Dar Al Arkan, Emaar Economic, Rabigh: Saudi Equity Preview

The following stocks may rise or fall in Saudi Arabia’s market. Stock symbols are in parentheses and prices are from the last close.

The Tadawul All Share Index advanced 0.8 percent, the most since April 2, to 6,574.66.

Advanced Petrochemicals Co. of Saudi Arabia (APPC AB): The Saudi Arabian chemicals producer said it signed a Shariah-compliant refinancing deal valued at $216.7 million with Samba Financial Group (SAMBA AB) and Riyad Bank (RIBL AB). Advanced shares rose 1.2 percent to 32.6 riyals.

Dar Al Arkan Real Estate Development Co. (ALARKAN AB): Saudi Arabia’s biggest developer by assets said first-quarter profit dropped to 273.1 million riyals ($72.8 million) from 398.6 million riyals a year earlier as sales dropped. The shares retreated 1.6 percent to 9.2 riyals.

Emaar Economic City (EMAAR AB): The unit of Dubai-based developer Emaar Properties PJSC first-quarter loss narrowed to 13.6 million riyals from 53.5 million riyals in the year-ago period as costs declined. The shares rose 0.7 percent to 6.8 riyals.

Fawaz Abdulaziz Alhokair & Co. (ALHOKAIR AB): The clothing retailer signed a memorandum of understanding with International Finance Corp. for 281 million riyals financing to expand in international markets. The shares rose 2.1 percent to 44.5 riyals.

Rabigh Refining & Petrochemical Co. (PETROR AB): The integrated oil and petrochemicals refining company said first-quarter profit rose to 698.5 million riyals from 271.5 million riyals in the year-ago period on refining margins. The shares advanced 1.9 percent to 24.25 riyals.

Saudi Electricity Co. (SECO AB): The state-controlled power producer said it will pay a 2010 dividend of 0.70 riyals a share. The shares fell 0.8 percent to 12.85 riyals.

Saudi Fisheries Co. (SFICO AB): The fish processing company appointed Hassan al-Sahtot as the company’s new chief executive officer after Abdul Latif al-Mubarak resigned. The shares advanced 0.2 percent to 48 riyals.

Saudi Dairy & Foodstuff Co. (SADAFCO AB): The Saudi Arabian food company said fourth-quarter profit declined to 32.7 million riyals from 118.2 million in the corresponding quarter of the previous fiscal year, which ends March 31. The shares were unchanged at 42.4 riyals.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.