An hour after the opening, the stock was traded with an increase of more than 5%, amid active trading that amounted to about 13.5 million shares.
With today’s rise, the company’s market value reaches about 7.99 trillion riyals, equivalent to 2.13 trillion dollars.
The company was listed on the Saudi market in December 2019.
Saudi Crown Prince Mohammed bin Salman had recently announced the transfer of 4% of the company’s shares to the Public Investment Fund.
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