Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) has announced the listing and trading of Al Dawaa Medical Services Co.'s shares on the Main Market effective Monday, 14 March 2022.
The daily and static price fluctuation limits will stand at +/- 30% and +/- 10%, respectively, according to a bourse filing on Thursday.
The fluctuation limits will be applied during the first three days of listing, and from the fourth trading day, the daily price fluctuation limits will revert to +/- 10% and the static price fluctuation limits will no longer apply.
It is noteworthy to mention that in February, the final price for the initial public offering (IPO) of Al Dawaa Medical Services Company was set at SAR 73 per share.