Mawani, CMA CGM Group launch $130m integrated logistics platform at Jeddah port

Mawani, CMA CGM Group launch $130m integrated logistics platform at Jeddah port
Mawani, CMA CGM Group launch $130m integrated logistics platform at Jeddah port

Thank you for reading the news about Mawani, CMA CGM Group launch $130m integrated logistics platform at Jeddah port and now with the details

Jeddah - Yasmine El Tohamy - RIYADH: As energy market prices eased, Saudi stocks saw their second day of gain this week as investor fears abated.

The main index, TASI, finished 0.5 percent higher, reaching 13,064 points for the first time since 2006, while the parallel market, Nomu, surged 3.80 percent to 25,135.

The price of Brent crude fell $5.85 to $114.80 a barrel, and WTI crude oil declined $5.72 to $108 a barrel at 3:24 p.m. Saudi time

Leading the gainers was ACWA POWER Co., which climbed 7.80 percent, whereas leading the fallers was Malath Cooperative Insurance Co., which dropped 3.25 percent.

Savola Group rose 0.28 percent, despite reporting a 76 percent decline in annual profit to SR222 million ($59.2 million) in 2021.

Digital security firm Elm Co. was up 0.77 percent, as earlier it achieved the highest level since the listing reaching SR212.4.

In the financial sector, Alinma Bank climbed 0.77 percent, while the Kingdom’s largest valued bank, Al Rajhi, edged up 0.63 percent.

Shares of the biggest player in the Saudi oil market ended today’s trading session up 0.48 percent.

 

These were the details of the news Mawani, CMA CGM Group launch $130m integrated logistics platform at Jeddah port for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Nearly all Gazans in poverty, Palestinian Authority facing ‘imminent fiscal collapse’ - World Bank
NEXT Saudi Arabia’s open banking strategy a game-changer

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]