Saudi Tadawul Group Opens Almost 10% Above Listing Price

PARIS, France – Shares in Saudi Tadawul Group, the owner and operator of the kingdom’s bourse, opened almost 10% above its listening price in its Riyadh market debut on Wednesday.

The bourse’s shares were priced at the top of the range last week, at 105 riyals ($27.99) per share. They opened at 115.4 riyals on Wednesday.