Tadawul to remove Solidarity’s accumulated losses flag

19/03/2017 Argaam

The Saudi Stock Exchange (Tadawul) on Sunday said it will suspend trading in Solidarity Saudi Takaful Co. shares for two hours after open today to remove the company’s accumulated losses flag on the website.

 

Trading will resume at 11:30 am local time.

 

The company announced on March 16 that its accumulated losses dropped below 50 percent as it made a SAR 25 million profit, or 10 percent of its capital.

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