Logo of Saudi Tadawul Group Holding
Shares of Saudi Tadawul Group Holding Co., which began trading on the Saudi Exchange (Tadawul) today, Dec. 8, rose by more than 12% to SAR 118 (+SAR 13 compared to the listing price of SAR 105 a share).
The stock set an intraday high of SAR 127.60 and an intraday low of SAR 115.40.
Nearly 19.2 million of its shares were exchanged through approximately 78,100 transactions, at a total value of SAR 2.3 billion.
The stock is listed under the diversified financials sector, with the symbol 1111 and ISIN Code: SA15DHKGHBH4.
It will have daily price fluctuation limits of +/- 30% and static fluctuation limits of +/- 10%. These fluctuation limits will apply in the first three days of listing. From the fourth trading day onwards, the daily price fluctuation limits will revert to +/- 10%, and the static price fluctuation limits will no longer apply.
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