Tadawul to extend closing auction, trade-at-last session on May 28

21/05/2019 Argaam

 

The Saudi Stock Exchange (Tadawul) will extend the closing auction and trade-at-last
sessions to 20 minutes (instead of 10 minutes) on May 28 only, the exchange said in a
statement on Monday.

 

Also read: Tadawul's inclusion in MSCI index boosts foreign investments

 
The one-day extension comes ahead of the first stage of inclusion in MSCI Emerging
Market Index starting May 29 based on closing prices on May 28.
 
The inclusion factor will be at 50 percent, the statement added. Global index provider MSCI Inc earlier said it would include the MSCI Saudi Arabia Indexes in Emerging Markets Indexes., Argaam reported. There will be a two-step inclusion process, in May and August 2019.

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