Kingdom Holding shares record highest close since 2017

19/09/2021 Argaam Special

Logo of Kingdom Holding Co.


Shares of Kingdom Holding Co. hit today, Sept. 19, their highest level since September 2017, or in four years, at SAR 11.28.

 

The stock closed 7% higher at SAR 11.04 during today's session - marking the highest close since March 2020 - amid trading of 3.4 million shares. 

 

 

Accordingly, the stock saw a year-to-date increase of over 40%.

 

Established in 1980, Kingdom Holding listed on the Saudi Stock Exchange (Tadawul) in 2007. The company is 95% owned by Prince Alwaleed bin Talal Al Saud.

 

The company is active in hotel management, real estate, hotel properties, media and publishing, entertainment, financial and investment services, social network and technology, petrochemicals, healthcare, education, aviation, and transport sectors.

 

Kingdom Holding Stock Performance

Annual High (SAR)

11.28

Today, Sept. 19, 2021

Annual Low (SAR)

7.09

Oct. 29, 2020

Historical High (SAR)

28.50

May 4, 2014

Historical Low (SAR)

5.74

March 12, 2020

Highest Trading Volume (mln shares)

47.5

Jan. 18, 2010

 

 The following table shows the most important financial indicators of the company:

 

Key Financial Indicators

Book Value (SAR)

8.83

P/B Ratio (x)

1.25

 

The company cut its capital in 2010 from SAR 63 billion to SAR 37.06 billion.

 

Capital Amendments (SAR bln)

Date

Method

Previous Capital

New Capital

Variation

2010

Capital cut

63.00

37.06

(41%)

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