Alinma Bank shares close at highest level since listing

21/10/2021 Argaam Special

Logo of Alinma Bank


Shares of Alinma Bank hit their highest level since listing, at SAR 25.60 today, Oct. 21.

 

The stock closed 2% higher at SAR 25.55, its highest closing since listing, with nearly 10 million shares traded.

 

Accordingly, Alinma jumped over 60% year-to-date.

 

Established in 2006, the bank was listed on the Saudi Exchange (Tadawul) in 2008. The bank increased its capital in 2020 to SAR 20 billion through the issue of bonus shares.

 

Alinma’s core business is represented in Shariah-compliant banking and investment business.

 

 

Alinma Stock Performance

Annual High (SAR)

25.50

Today, Oct. 21, 2021

Annual Low (SAR)

15.14

Nov. 1, 2020

Historical High (SAR)

25.50

Today, Oct. 21, 2021

 Historical Low (SAR)

6.56

March 2, 2011

Highest Traded volume (mln shares)

797.7

June 3, 2008 (first listing day)

 

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

 

Key Financial Indicators

Earning Per Share (last 12 months) (SAR)

1.19

Operating P/E (last 12 months) (x)

21.43

Book Value (SAR)

12.60

P/B Ratio (x)

2.02

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