Riyadh - Mubasher: Dar Al Balad for Business Solutions Company is set to commence trading on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 20 March.
The company will trade under the symbol 7205 with daily price fluctuation limits of ±30% and static limits of ±10% for the first three trading days, according to a bourse filing.
Thereafter, the daily limits will revert to ±10%, and static limits will no longer apply.
Dar Al Balad for Business Solutions set the initial public offering (IPO) final price at SAR 9.75 per share.