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‎Bahri, Fawaz Alhokair among 8 firms, REITs below COVID-19 bottom

‎Bahri, Fawaz Alhokair among 8 firms, REITs below COVID-19 bottom

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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