SABB shares hit 14-year high gaining 3.2%

Shares of The Saudi British Bank (SABB) rose 3.20% on Tuesday to hit the highest level in 14 years at SR 45.10 gaining SR 1.40 from yesterday’s close.

The bank’s shares have seen active trading as 1810 deals executed on 2.5 million shares with a volume of SR 109 million.

The stock’s volume rose over the last 5 sessions to SR 81.20 million compared to SR 65.8 million over the previous five ones.

It should be noted that SABB turned to profits of SR 3.2 billion in 2021 from losses of SR 4.17 billion in 2020.