Hail Cement Company IPO successfully completed, Saudi Arabia

Hail Cement Company IPO successfully completed, Saudi Arabia
Published: 17 October 2011

Shares of Hail Cement Company were traded on the Saudi Stock Exchange for the first time on Sunday, completing a US$130.5m IPO dating back to September 26. The share finished as a top gainer and closed at SR12.60. Hail is the 10th cement company listed on the Tadawul bourse in Riyadh.