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Raydan to begin trading on Tadawul Thursday

Raydan to begin trading on Tadawul Thursday
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Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced that the listing and trading of Raydan Food Company shares in the main market will commence on Thursday 21 November 2019.

The stock will have the symbol (6012) in the industry group (Consumer Discretionary), and the daily fluctuation limits of the share price will be 10%, according to a bourse filing on Tuesday.

Tadawul announced on Sunday approving Raydan’s request to transfer from the Parallel Market (Nomu) to the main market.

Accordingly, the trading of the company's shares was ceased from 18 November, to start with the transfer procedures.

Raydan’s capital stands at SAR 225 million, distributed over 22.5 million shares.