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Biggest Saudi Listing Since Aramco Surges on Trading Debut

Saudi Arabia’s largest pharmacy retail chain soared on its trading debut after raising $1.36 billion in the kingdom’s biggest share sale since Aramco.

Nahdi Medical Co. rose as much as 21% to 158 riyals ($42.12) at 10:05 a.m. in Riyadh. The company had sold shares at 131 riyals, the top end of its planned price range.