Riyadh – Mubasher: Bena Steel Industries Company will start the trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Wednesday, 22 March.

The Saudi firm will list 600,000 ordinary shares under the symbol 9563, according to a recent bourse disclosure.

Tadawul indicated that the daily and static price fluctuation limits will be +/- 30% and +/- 10%, respectively.

In November 2022, the Capital Market Authority (CMA) passed Bena Steel’s request to trade 12% of its share capital on the parallel market.