Bena Steel to begin trading on Saudi's Nomu this week

Reuters Images/Faisal Al Nasser

The Saudi firm will list 600,000 ordinary shares under the symbol 9563, according to a recent bourse disclosure

Staff Writer, Mubasher

March 22, 2023

PHOTO

Riyadh – Bena Steel Industries Company will start the trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Wednesday, 22 March.

The Saudi firm will list 600,000 ordinary shares under the symbol 9563, according to a recent bourse disclosure.

Tadawul indicated that the daily and static price fluctuation limits will be +/- 30% and +/- 10%, respectively.

In November 2022, the Capital Market Authority (CMA) passed Bena Steel’s request to trade 12% of its share capital on the parallel market.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO