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Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw its debut direct listing of a company after the shares of Saudi White Cement Co. began trading on the Nomu-Parallel Market on Wednesday.
The company’s trading symbol is (9512), the international symbol is (SA153GA4KK14), while the stock's daily price fluctuation limit is 20%.
In June 2020, the Capital Market Authority (CMA) approved Saudi White Cement’s request to register its shares for direct listing on the parallel market.
Founded in 1997, Saudi White Cement is a Saudi joint-stock firm that has a production capacity of 990,000 tonnes of white clinker per year.