National Iron and Steel Begins Trading on Main Market on October 6
National Iron and Steel stock begins trading on the Saudi Stock Exchange's Main Market on Tuesday, October 6, under the ticker 1325 after transitioning from the Nomu Market.
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National Iron and Steel Company begins trading on the Saudi Stock Exchange (Tadawul) Main Market on Tuesday, October 6, 2026, under ticker symbol 1325 within the Basic Materials sector. The stock represents a new addition to a sector that includes companies related to industry, building, and construction—activities directly affected by major projects in the Kingdom.
A daily price fluctuation limit of 10% will be applied to the stock on its first trading day, which is the standard limit for new stocks at the commencement of trading, aiming to contain sharp volatility during the first session and regulate price movement before trading stabilizes at normal levels, giving market participants an opportunity to digest the stock without sharp price jumps during initial sessions.
The listing comes after Tadawul approved the company's request to transition from the Nomu - Parallel Market to the Main Market, following the completion of necessary regulatory requirements for this transfer. This makes the stock accessible to a broader segment of investors, as the listing allows the company to reach investment funds and institutions that cannot trade in the parallel market due to internal guidelines.
The transition to the Main Market is expected to provide the company with a larger investor base and higher liquidity, as Main Market stocks are subject to stricter disclosure and listing standards than the parallel market, something market participants are anticipating in the first trading sessions to evaluate the stock's pricing and compare it to expected listing prices.
What do these terms mean?
Main Market: The primary market on the Saudi Stock Exchange, comprising larger companies with higher compliance to disclosure standards. Nomu Market: The parallel market dedicated to smaller companies. Daily fluctuation limit: The maximum percentage a stock can rise or fall during a trading session. Basic Materials: A sector that includes iron, cement, and chemical companies.
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