Tawasul
Mubasher TV
Contact Us Advertising   العربية

Tadawul to extend closing auction session on 30 April

Tadawul to extend closing auction session on 30 April
Second phase of inclusion in FTSE will be implemented on 1 May

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Sunday announced the extension of the closing auction session to 20 minutes instead of 10 minutes on 30 April only, according to a statement.

This step comes prior to the second phase of inclusion in FTSE Russell Emerging Market Index as of 1 May based on the closing prices on 30 April, with an inclusion factor of 15%.

On 18 March, the first stage of Tadawul’s inclusion into the FTSE Russell and S&P Dow Jones indices as an Emerging Market was implemented based on the closing prices on 14 March.