Riyadh – Mubasher: Thob Al-Aseel Company saw a negative performance on Thursday on its first trading day.

The stock dropped 20% to SAR 68 by 11:49 am KSA time on the Nomu-Parallel Market.

The company achieved SAR 5.85 million in liquidity by exchanging 81,380 shares through 176 transactions.

Meanwhile, the main index of the Nomu-Parallel Market lost 1.9% or 77.43 points to stand at 3,971.66 points.

The Saudi Stock Exchange (Tadawul) has announced the listing and trading of Thob Al-Aseel as of Thursday 15 June, with the symbol 9507, with a 20% daily price fluctuation limit per share.