Future Care closes all-time high

Logo of Future Care Trading Co.

Shares of Future Care Trading Co., listed on Nomu-Parallel Market under the healthcare sector, rose 14% today, May 24, closed at an all-time high of SAR 1,298.80, with only 338 shares traded.

The stock hit an intraday high of SAR 1,377.

Given today’s closing price and the company’s five million shares, Future Care’s market value stood at SAR 6.5 billion. Therefore, the company was the largest in terms of market value on Nomu.

At this price, considering the company’s five million shares, Future Care’s market value stood at SAR 6.9 billion

Therefore, it topped the Nomu-Parallel Market as the largest company in terms of market value.

Compared to the listing price of SAR 90, the stock has risen 1,343%.

Future Care's board of directors recommended to divide the nominal value of the share from SAR 10 to SAR 0.1, Argaam earlier reported.

Established in 2015, Future Care was listed on Aug. 1, 2022.

The company provides integrated home healthcare and laboratory services, including nursing, physiotherapy, and nutrition.