Tadawul: BinDawood rises daily limit to close at SAR 105.60 on debut

21/10/2020 Argaam Special

Shares of BinDawood Holding Co. closed today’s trading session at SAR 105.60, up by the highest daily limit of 10% (+SAR 9.6 compared to the listing price).

 

Traders placed buy orders on around 15 million shares at SAR 105.60 each, while no sell orders were placed during the session.

 

A total of 72,800 shares were traded in 2,596 transactions at a total value of SAR 7.5 million. BinDawood saw a negotiated deal on its shares today, where about 23,400 shares were privately traded at a negotiated price of SAR 96 per share at a total of SAR 2.25 million.

 

BinDawood started trading on the Saudi Stock Exchange (Tadawul) today, Oct. 21, 2020, under the symbol 4161, with a 10% daily price fluctuation limit per share, Argaam reported.

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