Fawaz Al Hokair shares to trade again on Monday

23/04/2017 Argaam

Saudi Arabia’s Capital Market Authority (CMA) will lift the trading halt on Fawaz Abdulaziz Al Hokair Co. shares on Monday April 24, 2017, the market regulator said.

 

Al hokair posted its preliminary financial results on Sunday morning shortly after the CMA’s announcements.

 

Earlier today, CMA said it would place on Sunday a temporary trading halt on shares of Fawaz Al Hokair until the retailer posted its statements for the fiscal period ending March 31, 2017.

 

The regulator has previously extended the deadline of issuing Q1 financial statement from 15 days to 30 days as of the due date.  

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