Tadawul sets fluctuation limits for Al Sorayai after capital reduction

29/08/2019 Argaam

 

The Saudi Stock Exchange (Tadawul) said that the fluctuation limits on Wednesday, Aug. 28, 2019 for Al Sorayai Trading and Industrial Group will be based on a share price of SAR 40.75. 

 

The Securities Depository Center (Edaa) will deposit the additional shares into the investor’s portfolios by Sunday, Sep. 1, 2019.

 

Al Sorayai Trading and Industrial Group Co. incurred net losses after zakat and tax of SAR 84.7 million for the first half of 2019 due to suboptimal utilization of production capacity amid insufficient financial resources and weak market collections, Argaam reported earlier.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.