Publisher: Maaal International Media Company
License: 465734
Saudi Tadawul announced that the shares of the Middle East Pharmaceutical Industries Company “Avalon Pharma” will be listed and begin trading in the main market starting next Tuesday, with the trading symbol 4016 and the international symbol SA160G51UO10, and that the daily price fluctuation limits will be +/- 30% with the application of fixed price fluctuation limits At +/- 10%.
These limits will only be applied during the first three days of listing, and starting from the fourth day of trading, the daily price fluctuation limits will be reset to -/+ 10%, and the fixed price fluctuation limits will be cancelled.