The first over the counter deal on Al Baha Investment and Development Company’s shares was executed today on 850 shares at SAR 9 per share.
|
Over the counter deal’s details |
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(SAR million) |
Number of Shares Traded(SAR) |
Over the counter deal price (SAR) |
Last price per share (SAR) |
Company |
|
7.65 |
850 |
9.00 |
13.50 |
Al-Baha Investment and Development Company |
The Saudi Capital Market Authority permitted in September 2014 the suspended stocks of the companies, whose accumulated losses exceeded 50 percent of capital, to be traded over the counter.
Tadawul recently approved Al Baha’s request to allow its shares to be traded over the counter through the market members as of November 9, 2014.
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