Jadwa REIT Al Haramain jumps 10% on debut

30/04/2017 Argaam

Jadwa Investment Real Estate Investment Traded Fund (Jadwa REIT Al Haramain) on debut rose to its 10 percent daily limit to SAR 11 from the listing price of SAR 10.

 

Investors have placed buy orders on more than 30 million units half an hour into the session.

 

Al Haramain Fund is the third REIT to be listed on the local bourse, following Riyad REIT and AlJazira Mawten REIT.

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