Saudi Cable Company wins multi-million contract, shares jump

14 March 2012

The Riyadh-based Tadawul All Share Index ended up 0.62% Wednesday, finishing at 7,567.98 points. Saudi Cable Company advanced two percent. Earlier in the day, Saudi Cable said it has won on Tuesday, March 13 2012 a contract from Sepco for an amount of SR109m ($29.1m) approximately for supply of high voltage cables. Sabic shares advanced 0.72%, while Qassim Agriculture lost the most (down 4.68%).

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