Tadawul halts trading on Saudi Cable at company's request

09/06/2024 Argaam
Logo ofSaudi Cable Co.

Logo of Saudi Cable Co.

The Saudi Exchange (Tadawul) announced the suspension of trading on Saudi Cable Co.’s shares as of today, June 9, until the close of this trading session, according to a statement.

 

The trading suspension came upon the company’s request in accordance with the listing rules and the procedures of suspension of listed securities as it will announce a material event, Tadawul added.

 

For more news on listed companies

 

Trading on Saudi Cable’s shares will resume on June 10.

 

Trading was halted on the company's stock at 2:30 pm, or nearly half an hour before session close. It was trading slightly higher at SAR 59.80, as 300,000 shares changed hands.

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