Sure Global Technology Co.’s shares declined 5.57 percent below the listing price on their debut on Tadawul’s Nomu-Parallel Market on Oct. 24.
The Riyadh-based company’s initial public offering price had earlier been set at SR70 ($19), thanks to high investor interest.
Established in 2006, Sure International Technology offers a wide range of services, including wholesale and retail sales of computers and accessories, printers and inks, systems analysis, software design and programming, and senior management consulting.