‎Alamar shares debut on Tadawul today

‎Alamar shares debut on Tadawul today

Alamar Foods Co. will begin trading on the Saudi Exchange (Tadawul) today, Aug. 9, under the consumer services sector, with the symbol 6014 and ISIN Code: SA15JHPITV18.

The daily and static price fluctuation limits of ±30% and ±10%, respectively, will be applied during the first three days of the listing.

These fluctuation limits will be applied during the first three days of listing. From the fourth trading day onwards, the daily price fluctuation limits will revert to ±10% and the static price fluctuation limits will no longer apply.

This will be the ninth listing on the main market this year, after East Pipes Integrated Company for Industry (Jan. 24), Scientific & Medical Equipment House Co. (Jan. 31), Elm Co. (Feb. 3), Al-Dawaa Medical Services Co. (Feb. 27), Al Masane Al Kobra Mining Co. (March 9), Nahdi Medical Co. (March 13), Saudi Home Loans Co. (March 27) and Retal Urban Development Co. (June 5).

Last year witnessed nine listings, including Alkhorayef Water and Power Technologies Co., Theeb Rent a Car Co., Tanmiah Food Co, Arabian Internet and Communications Services Co. (solutions), ACWA Power, Arabian Contracting Services Co., Nayifat Finance Co., Saudi Tadawul Group and Almunajem Foods Co.

Alamar’s listing will bring the total number of Tadawul-listed