Bloomberg Anywhere Login


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

Persian Gulf Stocks: Southern Province Cement and Maaden

April 8 (Bloomberg) -- Saudi Arabia’s Tadawul All Share Index slumped 1.8 percent, the most since Aug. 20, to 7,717.72 at the 3:30 p.m. close in Riyadh. The DFM General Index fell 1.1 percent.

The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.

Southern Province Cement Co. (SOCCO AB) climbed to the highest since March 14, rising 1 percent to 98 riyals. Saudi Arabia’s second-largest cement producer by market value posted a 24 percent increase in first-quarter profit to 279.8 million riyals ($75 million) on higher demand and production from the second line at its Tahama plant.

Saudi Arabian Mining Co. (MAADEN AB) decreased 1.6 percent, the biggest drop since Dec. 13, to 36.6 riyals. Shareholders at the state-controlled company known as Maaden authorized the board to sell sukuk or other debt instruments.

To contact the reporter on this story: Zahra Hankir in Dubai at

To contact the editor responsible for this story: Claudia Maedler at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.