Saudi Arabia.. Yamama Cement shares jump after an increase in its monthly sales

Yamama Cement Company’s shares, listed and traded on the Saudi Stock Exchange (Tadawul), rose by 0.45% at the end of Wednesday’s session, closing at 33.65 riyals per share.

Trading in Yamama Cement shares came through 948 trading transactions, with 262.9 thousand shares, with a trading value of 8.83 million riyals.

The highest price of the share during today’s session, Wednesday, was 33.8 riyals, while the lowest price was 33.35 riyals.

The company’s shares rose after Saudi cement companies announced their sales during the month of December, as Yamamah Cement topped the list of companies with the highest sales volume, reaching 626 thousand tons, an increase of 34% from its sales volume in December of the previous year, which amounted to 467 thousand tons.

Yamama Cement is one of the oldest and largest cement companies in the Kingdom of Saudi Arabia. It was founded in 1961 and its headquarters are located in Riyadh.

The company works in the production and distribution of various types of cement, and meets the needs of large and small projects in the Kingdom and abroad.

The company is famous for the quality of its products and its reliance on the latest technologies in the cement industry.