Tadawul ends SNB Capital’s market making for 4 listed companies

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The Saudi Exchange (Tadawul) approved SNB Capital’s request to terminate the market-making activity for Watani Iron Steel Co. (9513), Al-Modawat Specialized Medical Co. (9594), Ladun Investment Co. (9535), and Neft Alsharq Company for Chemical Industries (9605).

 

According to a statement to Tadawul, the approval is effective as of Dec. 25.

 

According to data available with Argaam, Tadawul approved, in August, SNB Capital’s request to conduct market-making activities on Ladun Investment, starting Aug. 20.

 

It also approved in June SNB Capital’s request to conduct market-making activities on Neft Alsharq, Watani Steel and Al-Modawat.

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