Overview of SSOs contracts performance on Sunday

07/01/2024 Argaam Special
Tadawul trading screen

Tadawul trading screen

The Saudi Exchange (Tadawul) published settlement prices of single stock options (SSOs) contracts today, Jan. 7.

 

Below is the performance of SSOs contracts:

 

SSOs Contracts Performance – January 2024

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change (%)

Aramco

9.10

9.29

0.19

2%

SABIC

20.95

21.70

0.75

4%

stc

10.92

11.55

0.63

6%

Al Rajhi Bank

32.62

33.89

1.27

4%
*Based on settlement

 

Tadawul introduced SSOs to the market on Nov. 27, 2023, as its latest financial derivatives product.

 

SSOs grant their holders the right, but not the obligation, to sell or buy an underlying asset at a predetermined price and by a certain date.

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