Logo ofMarketing Home Group for Trading Co. (MHG)
Shares of Marketing Home Group for Trading Co. (MHG) are trading at SAR 84-93 in its first trading session on the Main Market (TASI), compared to the listing price of SAR 85. 
Approximately 2.4 million shares changed hands at a total value of SAR 200 million in the first 30 minutes of the trading session.
The company’s shares started trading on the Main Market (TASI) today, Sept. 2, under the symbol 4194 and ISIN Code SA16C1AI1H11, at SAR 85 per share.
The stock trades in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. Starting the fourth trading day onwards, the daily price fluctuation limit will revert to ±10%, while the static price fluctuation limits will no longer apply.
The company offered 4.8 million shares, or 30% of its capital, on TASI.
The retail IPO was 200.24% oversubscribed, while the institutional IPO was 967% subscribed.
A minimum of 10 shares was allocated to each retail investor, while rump shares will be allocated pro rata, at an average allocation factor of 16.17%.
Logo ofMarketing Home Group for Trading Co. (MHG)
Shares of Marketing Home Group for Trading Co. (MHG) are trading at SAR 84-93 in its first trading session on the Main Market (TASI), compared to the listing price of SAR 85.
Approximately 2.4 million shares changed hands at a total value of SAR 200 million in the first 30 minutes of the trading session.
The company’s shares started trading on the Main Market (TASI) today, Sept. 2, under the symbol 4194 and ISIN Code SA16C1AI1H11, at SAR 85 per share.
The stock trades in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. Starting the fourth trading day onwards, the daily price fluctuation limit will revert to ±10%, while the static price fluctuation limits will no longer apply.
The company offered 4.8 million shares, or 30% of its capital, on TASI.
The retail IPO was 200.24% oversubscribed, while the institutional IPO was 967% subscribed.
A minimum of 10 shares was allocated to each retail investor, while rump shares will be allocated pro rata, at an average allocation factor of 16.17%.
