MARAFIQ debut on Tadawul delayed to Nov. 24

Logo of MARAFIQ

Power and Utility Company for Jubail and Yanbu (MARAFIQ) will make debut on the Saudi Exchange (Tadawul) on Thursday, Nov. 24, instead of Nov. 23, as the market will be closed.

 

MARAFIQ will be listed on the Main Market, with the symbol 2083 and ISIN Code SA15L0N10HH3.

 

The stock will have +/-30% daily price fluctuation limits and +/-10% static price fluctuation limits. These fluctuation limits will be applied during the first three days of listing, and 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.

 

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