24 Hrs
Source:
مباشر
Saudi Capital Market inquiring on 2025 offerings
The Saudi Capital Market Authority has engaged in consultations with local and international investment banks to explore pricing mechanisms for offerings in 2025 and methods of stock distribution to investors. The goal is to understand the reasons behind the declining performance of listed companies during their first year of trading, as six out of seven companies experienced losses averaging about 27%. The most notable companies that underperformed were "Inta'ej" and "United Cardboard Industries," which posted losses of 51% and 50%, respectively. Conversely, the stock of "Masar" ended the year with a gain of approximately 8%. Despite this, the total value of offerings remained relatively stable, with companies raising 14.5 billion Riyals compared to 14.2 billion in the previous year. However, trading volumes declined by nearly 30%, totaling around 1.3 trillion Riyals. These efforts aim to boost investor confidence and enhance market stability.
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