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Bank Al Jazira shares dip, as Q3 profit rises threefold

The Tadawul bourse dipped 0.22% to reach 6,105.04 points. Bellwether Sabic declined 0.27% to SR91.25. Shares of Bank Al Jazira declined 0.87% to SR16.75. Earlier in the day Bank Al Jazira reported a net income during the third quarter was SR66m, compared to SR22m for the same quarter last year with an increase of 200%, mostly due to a 35% jump in customer deposits. Over the week, the Tadawul market gained 1.72%.