Tadawul allows listing disclosures by financial advisors on its website

The Saudi Stock Exchange (Tadawul) announced on Sunday that financial advisors will be able to disclose information related to the offering and listing phase in the main market and Nomu Parallel market on the Tadawul website through its electronic system designated for disclosures.

They will be further allowed to publish disclosures related to price stabilization using the online system.

The move aims to enhance confidence, governance and disclosure levels in the capital market, to enable investors to make sound decisions. Furthermore, it will provide necessary tools to increase the level of transparency in the market.