United Assurance halted for two hours on Tuesday

Riyadh-Mubasher: The Saudi Stock Exchange decided to suspend trading on United Cooperative Assurance for two hours from the start of session  on Tuesday, with trading to resume from 12:30pm Mecca time.

The company reported accumulated losses of SAR 151 million, representing 30.8% of capital.

Accordingly, the accumulated losses flag mark was removed from the exchange’s website.

 

Mubasher Contribution Time: 31-Mar-2015 06:23 (GMT)