RIYADH: The Kingdom’s stock market is to see two new company listings on Tuesday, Jan. 18, the Saudi exchange, Tadawul, announced in a filing. Alwasail Industrial Co. and AME Co. for Medical Supplies will debut their shares on Nomu, Saudi bourse’s parallel market. Alwasail Industrial’s final offer price was set at the top of the indicative range, at SR19 ($5.06) per share.
RIYADH: The Arabian International Healthcare Holding, also known as Tibbiyah, plans to offer 5 million ordinary shares 25 percent of its SR200 million ($53.29 million) capital through listing on the Nomu parallel market, according to a bourse filing. The company’s capital is divided into 20 million shares, according to Argaam. The offer price will be determined before the
RIYADH: As concerns over the spread of Omicron mounted and investor uncertainty aroused, most of the Gulf Cooperation Council’s stock exchanges ended lower on Monday, including Saudi Arabia. Saudi bourse’s main TASI index edged down slightly to 11,161 points, while the parallel market, Nomu, declined around 1 percent to 26,237 points. The Qatari index, QSI, and Oman’s index,
RIYADH: Group Five Pipe Saudi Co., a leading spiral pipe provider in the Middle East, will begin trading on the parallel stock market, Nomu, as of Monday, Nov. 29, according to a filing to the Saudi Stock Market. The Dammam-based company closed its initial public offering of 2.8 million shares, representing 10 percent of the total number, with the final offer price set at SR35