Saudi: Alqemam for Computer System to begin trading on Nomu this week

Tadawul indicated that the stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%

Staff Writer, Mubasher

January 31, 2023

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Riyadh – Alqemam for Computer System Company will start listing and trading its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Tuesday, 31 January 2023.

Tadawul indicated that the stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively, according to a bourse filing.

Alqemam for Computer Systems will list its shares under the symbol 9558, with a guiding price of SAR 80 per share.

In December 2022, the Capital Market Authority (CMA) greenlighted the Saudi firm’s Nomu listing.

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