Riyadh – Mubasher: Saudi Top for Trading Company will start listing and trading its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Thursday, 22 December.

Tadawul indicated that the stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively, according to a bourse disclosure.

Under the symbol 9552, the firm will list 880,000 ordinary shares, accounting for 22% of its issued share capital.

Last November, Saudi Top for Trading settled the price for its initial public offering (IPO) on Nomu at SAR 133 per share, after the Capital Market Authority (CMA) greenlighted the company’s request to float its shares in September.