1997 News Story

Saudi stock market flourishing

The number of shares circulated in the Saudi Arabian stock market last week reached 1,286,553 with a total value of SR 342,778,486 (U.S. $ 91,407,596).  There were 4,125 transactions concluded, with the cement sector topping the list at 451,495 shares, or 30.4 percent of the total number circulated, at a total value of SR 103,093,626 (U.S. $ 27,491,634), followed by the sectors for services, banking, industry, electricity, and agriculture.