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Tadawul approves Watan Steel transfer
The Saudi Stock Exchange has approved the transfer of Watania Steel from the Parallel Market "Nomu" to the Main Market, reflecting the company's fulfillment of all necessary regulatory requirements, as well as the preparation of technical systems to ensure a smooth transition. Trading of the shares will be temporarily suspended for no more than five sessions, with the date for resuming trading on the Main Market to be announced after completing all procedures. Investors are advised to pay close attention to reports and disclosures and to exercise caution to avoid misunderstandings of financial information, as assessing the feasibility of investments remains solely the responsibility of investors. This step is part of regulatory measures to protect investors and to organize stock movements during the transition between markets.
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