Saudi NCB shares attract huge orders before listing

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DUBAI, **v 12 (Reuters) - Saudi Arabian investors had placed buy orders for 180 million shares in National Commercial Bank (NCB) and sell orders for only 210,000 shares about half an hour before the shares were due to list on Wednesday, bourse data showed. The buy orders were close to the Saudi stock market's entire trading volume for a **rmal day; in 2013, 212 million shares were traded daily on average. NCB's $6 billion initial public offer was the largest ever in the Arab world and the second-biggest globally this year. ...

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