‎Al Rajhi Bank shares hit highest level since 2006

‎Al Rajhi Bank shares hit highest level since 2006

Shares of Al Rajhi Bank recorded today, Oct. 20, their highest level in 15 years, or since April 2006, at SAR 140.40.

The stock is trading up 1% in today’s session, with nearly 1.1 million shares traded so far.

Accordingly, the stock rose more than 90% year-to-date (YTD).

Al Rajhi Bank was founded in 1957. In 1978, Al Rajhi Bank merged the various individual establishments under its name into the umbrella of Al Rajhi Trading and Exchange Corporation. The bank was established as a Saudi joint stock company in 1988.

The first branch for men was opened in Aldirah district, Riyadh, in 1957, and the first women branch was inaugurated in 1979 in AlShmaisi district, Makkah.

Al Rajhi Bank is committed to Shariah-compliant investment as well as banking products, both locally and internationally, for itself or third parties.

Al Rajhi Bank shares were listed on the Saudi Stock Exchange (Tadawul) on Dec. 1, 1988, according to data onTadawul.

Stock Performance

Annual High (SAR)

140.40

Today, Oct. 20, 2021

Annual Low (SAR)

65.00

Nov. 1, 2020

Historical High (SAR)

154.30

Feb. 26, 2006

Historical Low (SAR)

3.45

April 30, 1995

Highest Trading Volumes (mln shares)

79.66

Dec. 3, 2014

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