Logo of National Fertilizer Co. (NAFCO)

The Saudi Exchange (Tadawul) announced that shares of National Fertilizer Co. (NAFCO) will be directly listed and start trading on Nomu Parallel Market as of Wednesday, July 28, 2021, with the symbol 9517 and ISIN Code SA15BG54KMH4.

 

Daily price fluctuation limits will be set at +/- 30% while static price fluctuation limits will be +/- 10%.

 

On March 31, the company received the approval of the Capital Market Authority (CMA) to register shares for direct listing in the parallel market, according to data compiled by Argaam.

 

NAFCO’s listing is the fourth on Nomu Parallel Market this year, after listing shares of Watani Iron Steel Co. in February, Fesh Fash Snack Food Production Co. in May and Mohammed Hasan AlNaqool Sons Co. in June.

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