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Saudi retailer Jarir forecasts slowdown but remains upbeat

(The National - 04/12/2017)

The major Saudi Arabian retailer Jarir Marketing expects single-digit growth in sales in 2018, after a double-digit pace this year as it took market share from smaller rivals, said its chairman Muhammad Al Agil. Government regulations pushing retailers

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Ticker	Price	Volume
NADEC	27.30	1,369,614
ARDCO	29.25	233,374
DU	6.55	441,215
ZAINKSA	10.82	1,868,409
A.OTHAIMMARKET	11.90	545,416
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ALRAZI	43.00	800

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ADIB 13.08 (0.61%)
ADIB has extended gains for the third consecutive trading day, marching higher by 0.51% to close at AED 3.91.

ALIMTIAZ 48.9 (4.26%)
ALIMTIAZ shares touched a fresh 52-week low at 125 Fils.

EQUIPMENT 59.5 (1.19%)
EQUIPMENT shares touched a fresh 52-week low at 25.5 Fils.

TAHSSILAT 38.5 (-3.03%)
TAHSSILAT’s shares dropped by 3.85% to close at 25 Fils, staying in red territory for the third consecutive trading day.

ADIB 13.08 (0.61%)
ADIB has extended gains for the third consecutive trading day, marching higher by 0.51% to close at AED 3.91.

ARMX 2.35 (1.73%)
ARMX’s shares dropped by 1.41% to close at AED 4.2, staying in red territory for the third consecutive trading day.

AMLAK.DFM 0.748 (-0.93%)
AMLAK volume set sold 5.9 million shares, a 3 time increase over the 50-day average.

ABOB 0.15 (-)
ABOB continued its upward march to OMR 0.158 (+1.93%) staying in green territory for the 3rd consecutive trading day.

BKSB 0.146 (-)
BKSB continued its upward march to OMR 0.143 (+1.41%) staying in green territory for the 3rd consecutive trading day.

PETRORABIGH 8.33 (-0.36%)
PETRORABIGH shares have climbed to a 52-week high of SAR 25.50.

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