Tadawul lifts trading halt on Alujain

The Saudi Stock Exchange (Tadawul) lifted today, March 9, the trading suspension placed on the shares of Alujain Holding following the disclosure of a crucial event.

Tadawul placed a trading halt on the company’s stock for 1 session on Sunday, March 8, as per the latter’s request ahead of an event disclosure.

Alujain Holding said on Sunday that its subsidiary, National Petrochemical Industrial Co. (NATPET), has set up 4 limited liability companies, asking the latter to explain its actions in these companies and provide a detailed statement of the financial impact on the subsidiary’s net assets and financial position.