State-owned Saudi Aramco will start trading on the Saudi Stock Exchange (Tadawul) on Wednesday, Dec. 11 with the symbol 2222, and a daily price fluctuation limit of 10%.
Tadawul said in a statement that it will extend the opening auction for 30 minutes on the first day of trading.
Continuous trading will start at 10:30 a.m. AST, and closing auction at 3:00 p.m. AST as usual.
The opening auction will remain the same for the rest of the securities listed on the main market from 9:30 a.m. until 10:00 a.m. Continuous trading for the rest of listed securities on the main market will commence at 10:00 a.m.
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