Jarir Marketing shares hit 22-month low

Shares of Jarir Marketing Company declined on Thursday hitting the lowest over 22 months, definitely since August 2020.

Jarir Marketing stock fell 0.87% or SR 1.40 to trade at SR 159.80 after hitting the session’s low at SR 159.20.

Around 2596 deals worth SR 27.12 million have been executed on 169.4K shares of Jarir Marketing.

It should be noted that Jarir Marketing reported profit slude of 6.1% to SR 251.3 million during the first quarter of 2022 compared to SR 267.6 million in the same period a year ago.