13/02/2019
*AlEqtisadiah from Riyadh
The shares of 40 companies performed better than the general index of the Saudi stock market since the beginning of the year 2019, while 84 companies posted growth less than the 10.28% rise since the beginning of the year.
In contrast, shares of 61 companies declined.
The list of the top ten stocks has remained unchanged since the start of the year, until yesterday's session of banks or petrochemical stocks with the exception of the 22% high " Alujain" share.
The highest rise was of the company "SSP" by 40 per cent, as the move comes after the acquisition of a foreign strategic partner to a controlling stake in the company in the framework of restructuring the company.
While "Emaar" came second that moves coincide with the inauguration of the port, while "Saudi Cement" finished third with 24 per cent.
The cement sector saw a positive move with expectations of improved product prices and a return to demand.
While "Enaya" was the worst performer since the beginning of the year, down 29%, followed by "Aldrees" by 11 per cent, and "Care" of 10 per cent.
