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Banan debuts on TASI today at SAR 8.25/share
Logo of Banan Real Estate Co. Banan Real Estate Co. will list and start trading on the Main Market (TASI) today, Dec. 9, under the symbol 4324 in the real estate management and development sector. The stock will have a 10% daily price fluctuation limit. On Nov. 18, Tadawul approved Banan’s application to transition from the Nomu-Parallel Market to TASI, with SAR 200 million in capital, divided into 200 million shares, at a par value of SAR 1 a share, according to data available with Argaam . The stock’s last price on Nomu was SAR 8.25, which will be its...
Michael Saylor Urges US to Establish Bitcoin Reserve Amid Trump’s Pro-Crypto Stance
MicroStrategy Former CEO Michael Saylor has been extremely vocal about the potential of creating a Bitcoin Strategic Reserve for the US since the possibility for the victory of a pro-crypto candidate in the US election emerged. US President-elect Donald Trump recently hinted about his plan to establish the reserve. The big question is: Will he be able to create one? The political scenario certainly looks challenging. Here is what you should know. Michael Saylor’s Take on Trump’s Crypto Policy In a recent interview, expressing happiness about the victory of pro-crypto candidate Trump in the US presidential election, Saylor called for...
U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks
U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks The investment interest comes after ether added about 60% in a month. Dec 6, 2024, 10:51 a.m. UTC Net inflows into U.S. spot ether (ETH) exchange-traded funds (ETFs) have picked up in the past five days, with Thursday seeing a record $428.5 million. The inflow was dominated by BlackRock's ETHA, which collected a net $292.7 million, also a record. In the past five days, the ether ETFs have seen almost $800 million in net inflows, according to data from Farside Investors. The flows come after the second-largest...
