Alkhabeer Diversified Income Traded Fund logo

The Saudi Stock Exchange (Tadawul) announced that Alkhabeer Diversified Income Traded Fund will be listed as a closed-ended investment traded fund on the main market, and units will begin trading on Tuesday, Jan. 19, 2021, according to a bourse filing.

 

Units will trade with the symbol 4700, a daily price fluctuation limit of +/- 30% and static price fluctuation limit of +/- 10%.

 

These fluctuation limits will be applied during the first three days of trading, and they will revert to +/- 10% on the fourth day, while the static price fluctuation limits will no longer apply.

 

The fund attracted more than 89,000 subscribers, with net subscription value of SAR 472.8 million, during the IPO period of 15 business days, which ended on Dec. 24, 2020. 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Alkhabeer Diversified Income Fund IPO attracts SAR 472.8 mln from 89,000 subscribers
Learn about key benefits of Alkhabeer Diversified Income Traded Fund

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request