Signal · Geopolitical Risk
Watani Steel to debut on TASI starting Oct. 6
What the source reported
Source-reported<p><img src="https://argaamplus.s3.amazonaws.com/c32e1e33-03f2-4a52-bf1d-a298298ace3a.png" ></p> <p class="ckeCaption" >Logo of<span >Watani Iron Steel Co.</span></p> <hr> <p >The Saudi Exchange (<strong>Tadawul</strong>) announced that the listing and trading of <a href="https://www.argaam.com/en/tadawul/nomu/watani-steel" target="_blank">Watani Iron Steel Co.</a> shares in the Main Market will commence on Tuesday, Oct. 6, with the symbol (1325) in the Materials sector.</p> <p ></p> <p >The daily fluctuation limits of the share price will be 10%, it added in a statement.</p> <p ></p> <p >According to data available on <span ><strong>Argaam</strong></span>, Watani Steel’s board approved the company’s transfer to TASI inAugust 2023, while it was listed on Nomu in February 2021.</p> <p ></p> <p>The company’s capital amounts to SAR 181.65 million as of now, divided into 181.65 million shares at a nominal value of SAR 1 each.</p> <p></p> <p>Watani Steel stock closed yesterday’s session (last trading session on Nomu) down 3.2% at SAR 1.82.</p>
- Publication
- Argaam - Main News · Trade Publication
- Published
- 1st October 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Geopolitical Risk
- Geography
- Saudi Arabia
- Organisations
- None identified
- Collected
- 1st October 2026 · 16:17
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth