Saudi Exchange: Al Mojil shares trade at SAR 4/share on third day of OTC trading

13/01/2015 Argaam

The previously suspended shares of Mohammad Al Mojil Group traded over-the-counter on Monday for the third day, with 55.5 shares traded at SAR 4 per share with a value of SAR 222,000.
 

Al Mojil’s first two OTCs were for 45,500 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 OTC trading of Mohammad Al Mojil Group’s suspended shares.
 

 

                     Over-the-Counter Trading Details

 

Deal’s total value

 

 (SAR thousand)

Number of Shares Traded(SAR)

Over the counter deal price

(SAR)

Last price per share

(SAR)

Company

222,000

55,500

4.00

12.55

Al Mojil Group

 

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