Naseej Tech appoints Al Rajhi Capital as market maker

Logo of Naseej International Trading Co.

Naseej for Technology Co.'s board of directors decided on Nov. 4 to appoint Al Rajhi Capital as the market maker for its stocks, for 12 months from the signing of the contract.

 

The decision aims to support liquidity in the trading of the stock, and is subject to approval from the relevant authorities, Naseej said in a statement to Tadawul.

 

Any further developments will be announced in due course, it added.

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