Tadawul ends Al Rajhi Capital’s market-making pact for MIS, Edarat

28/08/2024 Argaam
Logo ofAl Rajhi Capital

Logo of Al Rajhi Capital

The Saudi Exchange (Tadawul) announced today, Aug. 28, its approval of Al Rajhi Capital's request to end market-making activities for the shares of Al Moammar Information Systems Co. (MIS) and Edarat Communication and Information Technology Co. from Aug. 29

 

MIS appointed Al Rajhi Capital as its market maker on June 1, 2023, to support its share liquidity for 12 months, according to data compiled by Argaam.

 

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Similarly, Edarat appointed Al Rajhi Capital as its market maker on Nov. 5, 2023, for a 12-month period.

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