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Home Commodities

PRESS DIGEST- Financial Times – May 12

by Market News Board
8 hours ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shell Discontinues Brazilian Renewable Projects
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Market Closed –


Saudi Arabian S.E.



08:20:00 2025-05-11 am EDT

5-day change 1st Jan Change

58.70 SAR

-0.17% -4.24% -12.39%

Published on 05/11/2025 at 20:24

Reuters logo

© Reuters – 2025

PRESS DIGEST- Financial Times – May 12


08:24pm

RE

Saudi Basic Industries Corporation Reports Earnings Results for the First Quarter Ended March 31, 2025


May. 10

CI

Arqaam Capital Trims Sabic’s PT, Affirms Hold Rating


May. 06

MT

A month of zero gains on the stock market in April?


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Saudi Basic Industries Corporation, Q1 2025 Earnings Call, May 05, 2025


May. 05

Saudi chemicals group SABIC reports Q1 net loss of $323 million


May. 05

RE

MIDEAST STOCKS-Most Gulf markets gain on signs of easing trade woes; Saudi falls


May. 04

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Saudi’s Sabic Posts Q1 Loss


May. 04

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Sabic Swings to Q1 Loss; Revenue Rises


May. 04

MT

AlphaMena Cuts Sabic PT, Reiterates Reduce Rating


May. 01

MT

Riyadh Steel Company Announces Resignation of Mohammed Bin Abdullah Al-Saif as A Board Member, Effective April 27, 2025


Apr. 28

CI

Saudi Basic Industries Corporation Announces the Formation of the Audit Committee and Appointments of Its Members, Effective April 10, 2025


Apr. 13

CI

Citi Trims Sabic PT, Affirms Neutral Rating


Apr. 11

MT

HSBC Lowers Sabic PT, Keeps Hold Rating


Apr. 09

MT

Goldman Sachs Cuts Sabic’s PT, Keeps at Buy


Apr. 08

MT

AlphaMena Lowers Sabic’s PT, Keeps at Reduce


Apr. 04

MT

EFG-Hermes Brokerage Reduces Sabic’s PT, Keeps Buy Rating


Mar. 25

MT

Goldman Sachs Trims Saudi Basic Industries PT, Reiterates Buy Rating


Mar. 21

MT

AlphaMena Downgrades Sabic to Reduce, Cuts PT


Mar. 18

MT

Citi Cuts Sabic’s PT, Affirms Neutral Rating


Mar. 10

MT

AlphaMena Lifts Sabic PT, Keeps Buy Rating


Mar. 07

MT

Saudi Basic Industries Corporation Reports Earnings Results for the Full Year Ended December 31, 2024


Mar. 04

CI

MIDEAST STOCKS-Saudi bourse extends losses on weak earnings; ENBD lifts Dubai


Feb. 27

RE

Global markets live: Apple, Intuit, Munich Re, Stellantis, SABIC…


Feb. 26
Our Logo

MIDEAST STOCKS-Saudi bourse falls on weak earnings; ENBD bank lifts Dubai


Feb. 26

RE

2010: Dynamic Chart

Logo SABIC

Saudi Basic Industries Corporation SJSC is a Saudi Arabia-based company, which is engaged, together with its subsidiaries, in the manufacturing, marketing and distribution of chemical, agri-nutrient and metal products in global markets. The Company operates under the following business segments: The Chemicals segment, which includes chemicals, polymers and plastic products; the Agri-Nutrients segment, which consists of fertilizer products; the Metals segment, which consists of steel products, as well as the Corporate segment, which includes the corporate operations, technology and innovation centers, investment activities and SABIC Industrial Investments Company (SIIC). The Company’s subsidiaries include: Saudi European Petrochemical Co, Arabian Petrochemical Co and Fiber Reinforced Thermoplastics BV, among others.

More about the company

Sell

Consensus

Buy

Average target price

70.64SAR

Spread / Average Target

+20.34%

Consensus

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