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

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.