Newly-listed Dallah Healthcare Holding Company surges on debut, jumping 44 percent from its initial public offering (IPO) price in the first few minutes of trading. Shares in Dallah rise to 55 riyals ($14.66), having been offered at 38 riyals per share during its IPO last month. The stock accounts for more than 70 percent of all shares traded on the Saudi exchange.
The company raised 539 million riyals ($143.7 million) from the initial share sale in late-November.
The index eases 0.09 percent to 6,845 points.
Banking shares are steady, while the petrochemical sector index slips 0.1 percent. Insurance stocks are also
lower, with the sector's benchmark down 0.5 percent.
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