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Bahrain Bourse shifts Sila Gulf shares

Bahrain Bourse shifts Sila Gulf shares

The Bahrain Bourse announced that, starting today, the trading of Salalah Gulf Company shares will be suspended in the Initial Public Offerings (IPO) market after six months. The shares will be transferred to the regular trading market, including the standard trading platform and the private orders market. The stock will be subject to the rules of the regular market, with a minimum transaction value set at 1,500 Bahraini dinars. The last closing price in the IPO market will be adopted as the basis for trading on the first day in the regular market. Additionally, the shares will be incorporated into the Bahrain All-Share Index and the Information Technology Sector. The first closing price will be used as the basis for representing the stock in these indices.

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