Alujain nearly hits limit up to SAR 29.35 as trading resumes

19/08/2020 Argaam

Alujain Holding Corp. stock price nearly hit limit up today following the lifting of trading by the Saudi Stock Exchange (Tadawul).

 

The stock soared 9.93% to SAR 29.35 in the first 30 minutes of trading, with 83,000 shares, worth SAR 2.4 million, exchanging hands during the period.

 

The removal of the trading halt came after the company released its financial results for the period ending on March 31, 2020.

 

The stock, suspended on April, 30, 2020, had closed at SAR 26.70 before placing a trading halt.

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