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Tadawul extends closing auction session, trade for 20 minutes

Tadawul extends closing auction session, trade for 20 minutes
The Closing Auction session will start from 03:00 pm

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) will extend the Closing Auction session for a total duration of 20 minutes instead of 10 minutes on 20 June.

Accordingly, the Closing Auction session will start from 03:00 pm Saudi time to 03:20 pm.

The bourse will also extend the trade at Last session for a total duration of 20 minutes instead of 10 minutes, according to Tadawul’s statement on Sunday.

The trade at Last session will begin at 03:20 pm Saudi time to 03:40 pm.

“The one-day extensions come ahead of the third tranche inclusion in FTSE Russell as an Emerging Market effective on Monday 24/6/2019 based on the closing prices as of Thursday 20/6/2019, with an inclusion factor of 25%,” the statement highlighted.