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Tadawul resumes trading on NCB, Samba shares

Tadawul resumes trading on NCB, Samba shares
Trading the shares of NCB and Samba was suspended for one day
SAMBA
1090
4.62% 38.50 1.70
Default Company
1180.O
0.00% 0.00 0.00

Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) has resumed trading on the shares of the National Commercial Bank (NCB) and Samba Financial Group on Sunday, according to an official statement.

The move came after the two lenders recently entered into a framework agreement to begin a due diligence process and negotiate the terms of a potential merger.

Last Thursday, Tadawul suspended trading the shares of the two companies for one trading session pending a material disclosure.