Saturday 20 July 2013

PIF’s shares in 18 listed firms reach SR297bn | Arab News

PIF’s shares in 18 listed firms reach SR297bn | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.:

"The Public Investments Fund's (PIF's) acquired shares in 18 companies listed on the Saudi Stock Exchange (Tadawul) valued at SR297 billion at the end of the first half of 2013, according to a report released by Al-Joman Center for Economic Consultancy (JCEC).
The report, quoted by local media, said the value of the acquired shares dropped slightly by 0.1 percent during the first half, or SR 296 million, despite rise of the Tadawul All-Share Index (TASI) by 10.2 percent.
The volume of the PIF acquired shares in the listed companies remained unchanged during the first half of the year, the report said."

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