Saudi tech firm Sure Global shares decline 6% on market debut

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RIYADH: 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.