Jahez closes at SAR 939.80 with trading volume of 434,000 shares

05/01/2022 Argaam Special

Logo of Jahez International Company for Information Systems Technology

Shares of Jahez International Company for Information Systems Technology surged by 11.4% to a record of SAR 947, compared to the listing price of SAR 850, on its debut today, Jan. 5, on the Nomu Parallel Market.

 

The stock closed at SAR 939.80, +SAR 89.80 compared to the listing price.

 

A total of 434,300 shares were exchanged through 7,534 transactions, at a total value of SAR 393.82 million.

 

Jahez began trading on Nomu Parallel Market, with the symbol 9526 and ISIN Code SA15ED94KR18. The stock will have a daily price fluctuation limit of 30% and static fluctuation limits of +/-10%.

 

On Sept. 29, 2021, the Capital Market Authority (CMA) approved an application from Jahez to offer 1.36 million shares, or 13% of its capital.

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