Tadawul resumes trading on NCB, Samba shares

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.

Mubasher Contribution Time: 28-Jun-2020 07:37 (GMT)
Mubasher Last Update Time: 28-Jun-2020 08:20 (GMT)