Arabian Pipes Company and Filling & Packaging Materials Company (FIPCO) were fined SR100,000 each for the delay in informing the CMA about their decision not to distribute dividends for profits of 2009.
The CEO of Anaam International Holding Group CO. was fined SR50,000 for leaking information to the media about the company's first quarter profits in 2010 while the managing director and CEO of Mobile Telecommunications Company Saudi Arabia (Zain KSA) was fined SR50,000 for telling the media about the company's plan to increase capital, the CMA website said.
The Saudi stock market fell slightly on Sunday. The Tadawul All-Share Index (TASI) declined 0.7 percent to 6,271.15 points. Sector gains ranged from 0.09 percent in the Energy & Utilities sector to a gain of 1.73 percent in the Hotel & Tourism sector. Whereas sector losses ranged from 0.04 percent in the Real Estate Development sector to a loss of 1.95 percent in the Petrochemical Industries sector. Overall market breadth was negative with 55 advancers and 71 decliners registering an AD ratio of 0.07, the Financial Transaction House (FTH) said in its daily market report.
The value of traded shares reached SR4.22 billion.
Saudi Fisheries was the top gainer on Sunday at its shares jumped 9.81 percent to SR47. The other major gainers were Mouwasat Medical Services Company, up 9.13 percent, Anaam International Holding Group Co. (5.70 percent), Al-Baha Investment & Development Co. (3.53 percent) and Sharqiya Development Co. (3.11 percent).
Al-Babtain Power &Telecommunication Co.'s shares plunged 5.13 percent to SR38.80 on Sunday. Saudi Basic Industries Corp.'s (SABIC's) shares fell 2.22 percent to SR88 on Sunday.
The CMA announced on Saturday that listing and trading of the third Issue of the Saudi Electricity Company's sukuk will take place on Monday.
