Tadawul suspends trading on Solidarity for 2h on Sunday

Tadawul suspends trading on Solidarity for 2h on Sunday
(Photo archive)
Solidarity 8290 -0.20% 20.10 -0.04

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) took actions regarding the decrease of Solidarity Saudi Takaful's accumulated losses below 50%.

Tadawul removed the accumulated losses flag mark from the exchange website, according to a bourse filing on Sunday.

Moreover, trading of the company’s shares was suspended for two hours in Sunday's session, while "orders maintenance" will start from 11:30am KSA time.

On Thursday, the company had reported achieving a net profit of SAR 25.05 million, trimming its accumulated losses after a capital decrease.

Related topics
Source: Mubasher

Comments