Sumou shares drop 7% on TASI debut

Headquarters of Sumou Real Estate Co.

Sumou Real Estate Co. stock fell 7% today, Sept. 7, to close at SAR 53, SAR 4 per share lower than the last price before trading was suspended on Nomu-Parallel Market.

 

Nearly 923,100 shares were traded through almost 3,440 transactions, valued at SAR 51 million.

 

Sumou began trading on the Saudi Exchange (Tadawul) today following its transition from Nomu.

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