NCB’s stock debuts trading today

12/11/2014 Argaam

The stock of the National Commercial Bank (NCB) starts trading today (Ticker: 1180), with a fluctuation ratio of ten percent.
 

NCB is the fourth biggest stock on Tadawul by market value, with a total capital of SAR 90 billion (SAR 45 per share) following Sabic, STC and Al-Rajhi Bank.


The listing is the fifth this year, following Al-Hamadi Development, Al-Hokair Group, Umm Al-Qura Cement and Farm Superstores.


Now the Saudi bourse has 12 listed banks of a total 168 listed stocks, including suspended companies.

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