Saudi: Quara Finance to commence trading on Nomu end-week

Under the symbol 9596, the Saudi firm will float 2.65 million ordinary shares, representing 8.83% of its total shares, according to a bourse filing

Staff Writer, Mubasher

March 6, 2024

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Quara Finance Company is set to begin the listing and trading of its shares on the Parallel Market (Nomu) on Thursday, 7 March 2024.

Under the symbol 9596, the Saudi firm will float 2.65 million ordinary shares, representing 8.83% of its total shares, according to a bourse filing.

The Saudi Exchange (Tadawul) highlighted that the stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively.

Last month, the company set the final price for its offering at SAR 15 per share.

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