Saudi Exchange: First OTC trading of Al Mojil’s shares at SAR 4/share

08/01/2015 Argaam

The first over-the-counter trading of Mohammad Al Mojil Group’s suspended shares took place on Wednesday for 38 thousand shares at SAR 4 per share.
 

Last September, the Saudi Capital Market Authority permitted OTC trading of suspended and delisted stocks of local companies, according to data compiled by Argaam.
 

In December, the Saudi Stock Exchange (Tadawul) approved over-the-counter trading of Mohammad Al Mojil Group’s suspended shares.
 

Al Mojil’s OTC Trading Details

Trading Value

(SAR thousand)

Number of Shares Traded

OTC Price per share (SAR)

Last Price Per Share

Company

152.00

38000

4.00

12.55

Al Mojil

 

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