SMC sheds over 3% in another lackluster Tadawul debut
Shares closed down SAR 24.16 a piece
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Shares closed down SAR 24.16 a piece
PLUS: Canada talks AI investments with Saudi, UAE
Institutional subscriptions opened yesterday
PLUS: King Fahd University of Petroleum enters top 100 QS rankings
Final allocations are due next week
The turbulence came despite a stellar USD 4.1 bn IPO, which wrapped up last week
The final pricing implies a market cap of SAR 152 mn at listing
The IPO was 19.5x oversubscribed
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