The Saudi Capital Market Authority (CMA) said it would place on Sunday a temporary trading halt on shares of Fawaz Abdulaziz Al Hokair Co. until the retailer posts its financial statements for the fiscal period ending March 31, 2017.
Al Hokair posted its preliminary finanancle results on Sunday morning shortly after the CMA’s announcements.
It was not immediately clear if the CMA would lift the trading halt following the company’s announcement.
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