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National Steel rises 9.89% on debut

National Steel rises 9.89% on debut

The stock of Watania for Iron and Steel, "Watania Iron," jumped by 9.89% during its first trading session on the Main Market, reaching 2 Riyals, marking an all-time high after its transition from the Parallel Market "NOMU." Trading began at the same price, with the stock remaining at the maximum daily fluctuation limit of 10%. This increase came after the company's listing on the Main Market with a capital of 181.65 million Riyals, with the stock previously reaching 37 Riyals at the time of its listing on the "NOMU" Market in February 2021.

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