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Saudi Exchange

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Tadawul
TASI
Tadawul logo
TypeStock exchange
LocationRiyadh, Saudi Arabia Saudi Arabia
Coordinates24°41′12.89″N 46°41′7.70″E / 24.6869139°N 46.6854722°E / 24.6869139; 46.6854722
FoundedMarch 19, 2007 (2007-03-19)
Key peopleSarah Al-Suhaimi (Chairman)
Khalid Abdullah Al Hussan (CEO)
CurrencySAR
No. of listings192
IndicesTadawul All Share (TASI)
Websitewww.tadawul.com.sa

Saudi Stock Exchange (Arabic: السوق المالية السعودية) or Tadawul (Arabic: تداول) is a stock exchange in Saudi Arabia. It is supervised by the Capital Market Authority. It lists 171 publicly traded companies (as of August 20, 2017). As of August 20, 2017, its trading hours are 10:00AM to 3:00PM, Sunday to Thursday.[1][2] Tadawul is considered the largest capital market in the Middle East and North Africa.[3]

On 26 February 2017, The Saudi Parallel Market (Nomu) was launched as a parallel equity market with lighter listing requirements to provide companies an alternative platform for the public listing.[4][5]

The Tadawul All-Share Index (TASI) reached its highest point at 20,634.86 on 25 February 2006.

See also

References

  1. ^ "Saudi Stock Exchange (Tadawul)".
  2. ^ "Saudi Stock Exchange (Tadawul) - Navigation Root".
  3. ^ "Why Saudi Arabia". Invest Saudi. Retrieved 2019-02-17.
  4. ^ "Al Rajhi Capital | NOMU - Parallel Market". www.alrajhi-capital.com. Retrieved 2019-09-05.
  5. ^ "Factfile: What is the Saudi Nomu-Parallel Market?". english.alarabiya.net. Retrieved 2019-09-05.