4 stories mentioning SASE:4003
Every FINWIRES story that references SASE:4003, newest first.
HSBC on Thursday lowered its price target for consumer electronics and home appliances company United Electronics Co. (SASE:4003), d/b/a eXtra, to 103 Saudi riyals from 112 riyals, with an unchanged buy rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Morgan Stanley on Thursday lowered the price target for consumer electronics and home appliances company United Electronics Co. (SASE:4003), d/b/a eXtra, to 88 Saudi riyals from 93 riyals and affirmed its equal weight rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Saudi Exchange-traded shares extended a winning streak on Monday as a busy earnings day pushed the Tadawul All Share Index 0.39% in the green.Amid a myriad of new earnings reports in Saudi Arabia, Ades Holding (SASE:2382), United Electronics Co. (SASE:4003), d/b/a eXtra, and Al Mawarid Manpower (SASE:1833) posted higher net profit and revenue for the first quarter of 2026.Polyethylene pipes and fittings manufacturer Alwasail Industrial (SASE:4148), however, logged a 62.439% decline in net profit and a 12.868% decrease in revenue for the three months ended March 31.Ades Holding, eXtra, and Al Mawarid Manpower all closed in the green at 0.88%, 0.75%, and 2.65%, while Alwasail Industrial ticked down 2.08%.In international news, US President Donald Trump rejected Iran's response to its peace proposal, in which it demands the lifting of the US blockade at the Strait of Hormuz, the release of frozen Iranian assets, among others."The oil market remains heavily headline-driven, with prices surging after President Trump rejected Iran's latest peace plan proposal. One would expect the market to become increasingly fatigued by the deluge of headlines and the back-and-forth. However, oil prices remain highly sensitive to noise around Iran, highlighting the significance of the ongoing supply disruptions in the Persian Gulf," ING said in a note.Back at home and on the corporate front, Perfect Presentation for Commercial Services Co. (SASE:7204), d/b/a 2P, closed 2.04% lower as it secured a contract to deliver managed services for Prince Sattam bin Abdulaziz University's IT infrastructure, among others.
Arqaam Capital on Sunday lowered the price target for consumer electronics and home appliances company United Electronics Co. (SASE:4003), d/b/a eXtra, to 102.00 Saudi riyals from 112.00 riyals and affirmed its buy rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)