Tadawul trading screen
A total of seven companies and REITs, listed on the Saudi Exchange (Tadawul), broke below the lowest levels reached during the COVID-19 pandemic, today, June 14.
The stocks and units bottomed out on March 16, 2020, driven by COVID-19 pressures.
Today, Fawaz Abdulaziz Alhokair Co. saw the steepest decline, falling 24% compared to March 16, 2020. It was followed by National Shipping Company of Saudi Arabia (Bahri), which tumbled 23%, as the following table shows:
|
Companies and REITs Below COVID-19 Lows |
|||
|
Company/Fund |
Lowest Price on March 16, 2020 |
Lowest Price Today, June 14, 2022 |
Change (%) |
|
Fawaz Alhokair |
15.36 |
11.70 |
(24%) |
|
Bahri |
26.57 |
20.34 |
(23%) |
|
Alkhabeer REIT |
10.00 |
8.25 |
(18%) |
|
Alinma Retail REIT |
6.90 |
5.96 |
(14%) |
|
Amiantit |
39.39 |
34.20 |
(13%) |
|
MEDGULF |
13.22 |
12.50 |
(5%) |
|
ACIG |
16.46 |
15.94 |
(3%) |
|
Arabian Pipes |
38.94 |
37.40 |
(4%) |
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