Saudi Exchange: Al Mojil’s shares sell at SAR 4/share on second day of OTC trading

12/01/2015 Argaam

The second over-the-counter trading of Mohammad Al Mojil Group’s shares took place on Sunday.
 

According to Tadawul, Saudi Arabia’s bourse, 7500 shares were sold at SAR 4 per share with a trade value of SAR 30,000.


Al Mojil Group’s first OTC trading session took place last Wednesday for 38,000 shares at SAR 4 per share.


Last September, the Saudi Capital Market Authority permitted OTC trading of suspended and delisted stocks of local companies, according to data compiled by Argaam.


In December, the Saudi Stock Exchange (Tadawul) approved over-the-counter trading of Mohammad Al Mojil Group’s suspended shares.
 

 

                     Over-the-Counter Trading Details

 

Deal’s total value
 

 (SAR thousand)

Number of Shares Traded(SAR)

Over the counter deal price

(SAR)

Last price per share

(SAR)

Company

30000

7500

4.00

12.55

Al Mojil Group
 

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