Riyadh – Mubasher: Jahez International Company for Information Systems Technology will list and start trading its shares on the Saudi Exchange’s (Tadawul) Parallel Market (Nomu) on Wednesday, 5 January.
Tadawul noted that Jahez will have daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively.
Jahez will be trading under the symbol 9526, according to a bourse disclosure on Monday.
HSBC Saudi Arabia, the financial advisor for the initial public offering (IPO) of Jahez, announced last month that the final price of the offering was set at SAR 850 per share.
