Riyadh – Mubasher: The Capital Market Authority (CMA) announced the suspension of trading the shares of Al Tayyar Group.
The suspension started at 02:20pm, and will remain in place until the end of Thursday's trades upon the company's request to announce a material development, according to a bourse filing.
Al Tayyar's stock jumped 9.83% to top gainers and stand at SAR 35.20 just before its suspension, with 5.26 million shares exchanged at a value of SAR 180.54 million executed over 3,500 transactions.
A private transaction was executed on 2.2 million of Al Tayyar's shares on Thursday at a value of SAR 71.14 million at SAR 32.10.