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U Capital Weekly Report
Capital Investments- Sunday, March 17, 2019
The local market remains under pressure because of the desire of exiting some investment positions or trading on ex dividend prices or cautious sentiments despite strong general situation of the local economy. The MSM30 closed the week down by 0.92% at 4,074.98. All sub-indices ended the week down led by the Services Index (-1.37%), the Financial Index (-0.12%) and the Industrial Index (-0.09%). The MSM Shariah Index closed down by 0.61% w-o-w. A’Saffa Foods SAOG board of director report expected that the expansion project – which includes the construction of 90 poultry houses, the construction of Slaughter House, fully automatic and Feed Mill, Hatchery expansion, Rendering and Waste Water Treatment plant – to be completed this year.
Country :
Regional
Report Type :
Weekly
Report Date :
Sunday, March 17, 2019
Provided by :
Capital Investments Capital Investments
Report Size :
465
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