Tadawul to extend closing auction, trade at last session on Dec. 17

15/12/2019 Argaam

 

The Saudi Stock Exchange (Tadawul) will extend on Dec. 17 the closing auction and trade at last session to 20 minutes instead of 10 minutes.

 

The one-day extension comes ahead of Saudi Aramco’s fast entry in MSCI Emerging Markets Index, effective Wednesday, Dec. 18 based on its stock’s closing price on Dec. 17.

 

Accordingly, the closing auction will start from 3:00 p.m. to 3:20 p.m., and the trade at last session will follow from 3:20 p.m. until 3:40 p.m.

 

For more details about Saudi Aramco IPO

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