What’s your evaluation of the current IPOs within the Saudi market?

Saudi market buying and selling display screen


Throughout the month of November, the Saudi market witnessed two subscriptions in TASI, which included the great path at a worth of 19.5 riyals per share and Shree Buying and selling at a worth of 28 riyals per share, whereas the CGS subscription is predicted to start on November 26 at a worth of 10 riyals per share.


The parallel market additionally witnessed development within the subscription of Abdulaziz bin Ahmed Al-Tuwaijri Firm, at a worth of 25 riyals, and Zahr Al-Khuzama Aluminum Firm, which was prolonged till November 25, at a worth of 48 riyals per share.



Expensive reader: How do you view these IPOs? What are your expectations for the efficiency of the shares after their itemizing?

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