Tadawul sees 5 OTC deals on 12,800 Saudi Cable shares

18/03/2024 Argaam

Saudi Cable Co. (SCC) saw, on March 17, five over-the-counter (OTC) deals on around 12,800 shares.

 

OTC Deal Details

Date

Volume (shares)

March 17

3,056

2,778

2,688

2,434

1,885

 

According to data compiled by Argaam, 131,100 shares have been traded in OTC deals on Saudi Cable, representing 2% of the company’s total 6.7 million shares, since Tadawul approved the company's request to trade its shares over the counter in August 2023.

 

Trading of Saudi Cable shares was suspended on May 9, 2022, due to the delay in publishing annual financial statements for the year ended Dec. 31, 2021. This suspension also continued due to the delay in publishing financials for the following periods.

 

The company's shares closed at SAR 57.20 in the last trading session.

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