Shares in Saudi Arabia’s Al Rajhi Bank close at highest level since debut

  • 4/17/2022
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RIYADH: Shares in Saudi Arabia’s largest valued bank Al Rajhi soared to their highest level on Sunday since market debut amid trading of over 5.7 million shares. With a record share price of SR177.6 ($47.4) at the closing bell, the bank currently holds a market valuation of SR444 billion. The hike represented 3.62 percent in today’s session, compared to the previous close of SR171.4. With today"s high Al Rajhi Bank broke the previous all-time high of SR172 it achieved on Apr. 12.

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