Tadawul removes Amana Insurance’s accumulated losses flag

13/03/2017 Argaam

The Saudi Stock Exchange (Tadawul) on Monday said it will suspend trading in Amana Cooperative Insurance Co.’s shares for two hours from the opening of today's session, and will remove the company’s accumulated losses flag on the website.

 

Trading will resume at 11.30 am local time.

 

The insurer announced on Feb. 28 that its accumulated losses dropped to SAR 31 million, or 22.18 percent of its capital.

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