Shares of Alinma Bank hit highest level since debut

06/09/2021 Argaam Special

Logo of Alinma Bank


Shares of Alinma Bank hit their highest price since listing, at SAR 23.84, today, Sept. 6.

 

The stock closed 2% higher at SAR 23.74, with 10 million shares traded.

 

Accordingly, the stock soared more than 70% since March 2020 and 50% since the beginning of current year, according to Saudi Exchange (Tadawul) data.

 

Alinma Bank was established in 2006 and listed on Tadawul in 2008.

 

The bank raised its capital in 2020 through bonus shares to SAR 20 billion.

 

Alinma Bank Share Performance

Annual high (SAR)

23.84

Sept. 6, 2021

Annual low (SAR)

15.14

Nov. 1, 2020

Historical high (SAR)

23.84

Sept. 6, 2021

Historical low (SAR)

6.56

March 2, 2011

Highest trading volume (mln shares)

797.7

June 3, 2008 (Listing date)

 

Key Financial Indicators

EPS (last 12 months) (SAR)

1.19

P/E (last 12 months) (x)

19.95

Book Value (SAR)

12.60

P/B Ratio (x)

1.88

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