Tadawul sees 2 OTC deals on 12,400 Saudi Cable shares

19/03/2024 Argaam

Tadawul sees 2 OTC deals on 12,400 Saudi Cable shares

Logo of Saudi Cable Co. (SCC) 


Saudi Cable Co. (SCC) saw, on March 19, two over-the-counter (OTC) deals on around 12,400 shares.

 

OTC Deal Details

Date

Volume (shares)

March 18

6,254

6,158

 

According to data compiled by Argaam, 143,500 shares have been traded in OTC deals on Saudi Cable, representing 2.2% 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 continued due to the delay in publishing financials for the following periods as well.

 

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

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