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Business

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Nayifat Finance to trade on Tadawul

By TRENDS Desk
November 19, 2021 5:26 pm
  • The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits
  • These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards

Nayifat Finance Company (NFC) will start trading on Tadawul on November 22, according to a Saudi Exchange filing.

The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits, the company said on Tadawul.

These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onward, the daily price fluctuation limits will revert to +/- 10 percent and the static price fluctuation limits will no longer apply.

Retail investors started, on Nov. 7, subscription to 3.5 million shares of NFC, at SR34 ($9) a share.

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INSEAD Day 4- 300x600
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