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Saudi Exchange Sets Fluctuation Limits for Saudi Investment Bank's Capital Raise

MT Newswires·10/04/2026 05:13:37
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05:13 AM EDT, 10/04/2026 (MT Newswires) -- The Saudi Exchange set the fluctuation limits for Saudi Investment Bank's (SASE:1030) capital increase via bonus shares, according to a Sunday release. The limits will be based on the Saudi Arabian lender's share price of 12.11 Saudi riyals, with outstanding orders canceled. The Securities Depository Center, or Edaa, will deposit additional shares into investor's portfolios by Tuesday.