Nomu lifts trading halt on Quara Finance today

22/10/2024 Argaam
Logo ofQuara Finance Co.

Logo of Quara Finance Co.

The Saudi Exchange (Tadawul) lifted today, Oct. 22, the trading suspension on shares of Quara Finance Co., listed on the Nomu-Parallel Market, after the company disclosed its financial results for the period ending June 30, 2024.

 

In a statement, Tadawul said it had exercised its authority under the Listing Rules to resume trading in Quara Finance’s shares.

 

For more news on listed companies

 

According to data available on Argaam, Quara Finance reported a 10% profit decline to SAR 25.3 million by the end of the first half of 2024, from SAR 27.9 million a year earlier.

 

A trading halt was placed on the company’s shares for one session on Sept. 2, followed by another suspension on Oct. 2.

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