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SARCO resumes trading on Wednesday

SARCO resumes trading on Wednesday
The Saudi Stock Exchange (Tadawul)
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2030.O
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Riyadh – Mubasher: Trading the shares of Saudi Arabia Refineries Company (SARCO) will be resumed today, the Saudi Stock Exchange (Tadawul) announced.

This comes following a one-day suspension upon the company’s request to announce a material development.

SARCO announced on Tuesday that a court ruling has annulled a previous decision in favor of the company in a dispute with the Saudi Arabian Oil Company (Saudi Aramco) over the expansion of a refining facility.