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Tadawul executes SAR3.2bn put-through trades in Nov

Tadawul executes SAR3.2bn put-through trades in Nov
Photo Credit: Arabianeye - Reuters
SEERA
1810
2.54% 31.52 0.78
SRMG
4210
-1.18% 183.50 -2.20

By Mohamed Al Arabi

Riyadh – Mubasher: The value of put-through transactions carried out on Saudi Stock Exchange (Tadawul) in November rose to SAR 3.2 billion (81.5 million shares), up 60% from SAR 1.9 billion (51 million shares) in October.

Saudi Research and Marketing Group (SRMG) and Al Tayyar accounted to 73% of these transactions.

SRMG dominated SAR 1.7 billion worth of put-through trades, or 53% of total trades during the month, with a total of 44 million shares exchanged in 11 transactions.

Meanwhile, Al Tayyar accounted for SAR 650 million, or 20% of total put-through trades, with a total of 10 million shares exchanged in two transactions.

Put-through transactions for the remaining companies reached SAR 870.2 million, or 27% of total value.