Al Rajhi Capital to conduct market-making activities on Al-Modawat

Logo of Al-Modawat Specialized Medical Co.

The Saudi Exchange Co. (Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed Al-Modawat Specialized Medical Co. as of March 23.

 

According to a Tadawul filing today, March 20, the market maker's obligations on Al-Modawat include maintaining a minimum order presence of 50%, a minimum order size of SAR 50,000, and a maximum spread of 5%. There is no minimum value traded requirement.

 

For more news on listed companies

 

Tadawul also said Al Rajhi Capital will conduct market-making activities as defined in the market-making regulations and procedures.

Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website