The Saudi Exchange (Tadawul) will update the free float shares for all listed issuers, as of Sunday, July 4, according to a statement.
Additionally, the following stocks will be included to the market indices, namely;
- Mohammed Hasan Al Naqool Sons Co. - Parallel Market Capped Index (NomuC).
- Fesh Fash Snack Food Production Co., Parallel Market Capped Index (NomuC).
Meanwhile, Arabian Pipes Co. will be excluded from Tadawul All Share Index (TASI) and Materials Industry Group Index.
According to data available on Argaam, a trading halt was placed on shares of Arabian Pipes as of May 2, 2021, as the company failed to post its financial statements for 2020 on time. Additionally, trading of SIECO shares was suspended as of April 29, 2021, due to an auditing issue.
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