Saudi CMA lifts trading suspension on National Building shares

12/07/2018 Argaam

 

Saudi Arabia’s market regulator, the Capital Market Authority (CMA), said in a statement on Thursday that it has lifted the suspension of trading on National Building and Marketing Co. starting from today, Jul. 12.

 

On Jun. 3, the company was placed on a trading halt until it can disclose its financial statements for the quarter, Argaam earlier reported.

 

National Building posted a net profit of SAR 7.3 million for the first quarter of 2018, a 9.4 percent year-on-year (YoY) decline, hurt by SAR 1.1 million in financing charges.

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