Almojil dominates 84% of OTC trades

By Mohammed Idries

Riyadh-Mubasher: A total of 31 OTC trades have been executed on Almojil and Al-Baha since the Capital Market Authority (CMA) gave the green light for the companies to trade over the counter on 17 September 2014.

A total 372,000 shares were exchanged at a combined value of SAR 1.5 million.

Almojil accounted for 84% of the total transactions, through which 339,700 shares were traded at a total value of SAR 1.3 million.

Meanwhile, Al-Baha captured 16% of the total OTC trades, through which 32,600 shares changed hands at a total value of SAR 240,900.

Al-Baha has been put on halt since 3 April 2013.

Translated by Abdul Maguid Aboshahla

MUBASHER Contribution Time: 05-Jan-2016 09:21 (GMT)