Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company will commence trading its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on 1 March.
The daily and static price fluctuation limits will stand at +/- 30% and +/- 10%, respectively, according to a bourse filing on Sunday.
Saudi Azm will be listed on Nomu under the symbol 9534.
It is worth noting that the Saudi Capital Market Authority (CMA) gave its approval on 29 December 2021 for Saudi Azm to directly list its shares on Tadawul.