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Armahat Sports transfers to TASI with 10% gain
The Saudi Stock Market witnessed the transfer of Armah Sports Company's shares from the Parallel Market "NOMU" to the Main Market "TASI," starting today, Sunday. Trading on the stock, with the symbol (6022), began within the Consumer Services sector, with the daily fluctuation limit set at 10%. The stock immediately surged by 9%, rising by 4.95 SAR to reach 60.50 SAR after one hour of trading. This represents an increase of 5.50 SAR over its closing price on the Parallel Market, which was 55.00 SAR. A total of 692 transactions were executed involving 160,950 shares, with trading values amounting to 9.67 million SAR. The Saudi Exchange had previously suspended trading of the share due to its transition to the Main Market and approved the company's request, which includes a capital of 328.59 million SAR and 32.86 million shares.
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