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Tadawul announces fluctuation limit for MIS

Tadawul announces fluctuation limit for MIS
All outstanding orders will be cancelled
MIS
7200
-0.37% 106.60 -0.40

Riyadh – Mubasher: The Saudi Exchange (Tadawul) said the fluctuation limit for Al Moammar Information Systems Company’s (MIS) stock will be based on a share price of SAR 116.8, according to a statement on Monday.

The outstanding orders will be cancelled accordingly.

Tadawul’s Securities Depository Center (Edaa) will deposit the bonus shares of the capital hike into the shareholders’ portfolios before trading starts on 14 April.

This disclosure followed MIS’ approval to increase the capital by SAR 50 million.