‎Nahdi Medical debuts on Tadawul today; fifth listing of 2022

‎Nahdi Medical debuts on Tadawul today; fifth listing of 2022

Shares of Nahdi Medical Co. will begin trading on the Saudi Exchange (Tadawul) today, March 22, under the food and staples retailing industry group, with the symbol 4164 and ISIN Code SA15HG521213.

The daily price fluctuation limits of ±30% and static price fluctuation limits of ±10% 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 fifth listing on the main market in 2022, after Elm Co., East Pipes Integrated Company for Industry, Scientific & Medical Equipment House Co. in February and Al-Dawaa Medical Services Co. in March.

Last year witnessed nine listings, including Alkhorayef Water and Power Technologies Co. on March 1, Theeb Rent a Car Co. (March 29), Tanmiah Food Co. (Aug. 4), solutions (Sept. 30), ACWA Power (Oct. 11), Arabian Contracting Services Co. (Nov. 15), Nayifat Finance Co. (Nov. 22), Saudi Tadawul Group (Dec. 8), and Almunajem Foods Co. (Dec. 20).

The company's listing will bring the total number of Tadawul-listed companies to 197, excluding 17 REITs.

The medical services