The Saudi Stock Exchange (Tadawul) has announced the listing of Watani Iron Steel Co on its parallel market NOMU from tomorrow (Wednesday).

The company will have a +/- 30 percent daily price fluctuation limit and a +/- 10 percent static price fluctuation limit.

The Capital Market Authority (CMA) approved the registration of Watani Iron Steel shares for the purpose of direct listing on NOMU in December 2020.

(Writing by Imogen Lillywhite; editing by Daniel Luiz)


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