Board's Decisions in 15-March-2020

The Board of Commissioners discussed the measures  that must be taken in accordance with  the Prime Minister's instructions  to deal with the emerging Coronavirus, to protect the capital market and  its investors from  the risks to which they may be subject.
After searching and deliberating, and as a result of the intensive selling carried out during the trading session on 15 March 2020 that were caused by unjustified concerns from the current circumstances related to the precautionary measures  against emerging Coronavirus, The Board decided to take the following measures for two weeks from the decision ‘s date:
First: amending the rate of increase and decrease allowed from the reference price of the shares of listed companies in the first market, the second market and the unlisted securities market (OTC) to be (2.5%).
Second: reducing the minimum limit for the maintenance margin ratio to be15%.

Third: suspending any measures against financial services companies violated the ratio of net equity to paid capital market, and the maintenance margin ratio, that maintains the financial status of financial services companies within safe financial limits.