Dar Al Arkan shares record 4-year highest close
Logo of Dar Al Arkan Real Estate Development Co.
Shares of Dar Al Arkan Real Estate Development Co. rose 4% to SAR 14.30 — its highest close in four years, today, June 15, with a trading volume of nearly 43.4 million shares.
The stock recorded its highest price of SAR 14.40 by the end of today’s session.
Dar Al Arkan was founded on July 18, 2000, before being converted into a joint-stock firm on July 17, 2005, by virtue of a ministerial decree. The company was listed on the Saudi Stock Exchange (Tadawul) in December 2007.
The company’s business portfolio includes buying and owning properties as well as developing, selling and renting land plots. This is in addition to the wholesale and retail trade of sanitary ware, building materials, electricity kits, paints and stationery, along with auto sale activities.
Dar Al Arkan Stock Performance |
||
Annual High (SAR) |
14.40 |
Today, June 15 |
Annual Low (SAR) |
8.62 |
Nov. 29, 2021 |
Historical High (SAR) |
40.50 |
Dec. 29, 2007 (First Day of Listing) |
Historical Low (SAR) |
4.30 |
Feb. 15, 2016 |
Highest Traded Volume (SAR mln) |
243.9 |
June 7, 2017 |
The following table shows the company’s key financial indicators:
Key Financial Indicators |
|
Earnings Per Share (last 12 months) (SAR) |
0.30 |
Operating P/E (last 12 months) (x) |
47.67 |
Book Value (SAR) |
17.95 |
P/B Ratio (x) |
0.80 |
The following table illustrates changes in Dar Al Arkan’s capital:
Capital Amendments (SAR mln) |
||||
Date |
Method |
Previous Capital |
New Capital |
Change |
2009 |
Bonus Issue |
7,200 |
10,800 |
+50% |
2008 |
Bonus Issue |
5,400 |
7,200 |
+33.3% |
Comments 0
Be the first to comment

- Dalipal China plans to set up oil, gas, hydrogen pipes factory in Saudi Arabia: BMG Financial CEO
- SAMA announces Ramadan working hours; Eid Al-Fitr, Eid Al-Adha holidays
- MIS sells entire investment in OpenAI, achieves capital gain of SAR 12.8M
- CMA nods to SNB Capital Al-Raed GCC Fund’s merger with SNB Capital GCC Trading Equity Fund
- Saudi banks eye strong 2025 performance on lending growth, lower costs
Market Indices
Quotes
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: