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Mon, 09 Nov 2009 | 21:25 GMT

Saudi Stock Market Company  
Also known as: Tadawul
 
 
 
 
 
 
 
Company Updated: Jan 22, 2009
 
Joint Stock
 
 
Facilitating investor's trading, providing public information, ensuring correct disclosure of vital information and enforcing securities.
Saudi Stock Exchange until March 2007
2001 (October)
350 (As of Jan 14, 2009)
 Key Officers
Dr Fahed Al Mubarak
Chairman
Abdullah Al Suwailemi
Chief Executive Director
 
 Contact Details
Address:
NCCI Building
King Fahed Road
North Tower
P.O. Box 60612
Riyadh 11555
Saudi Arabia
 
+966 1-218-1200
+966 1-218-1222
 
+966 1-218-1220
 
webinfo@tadawul.com.sa
 
www.tadawul.com.sa

 
  Latest Headline
Saudi Tadawul To Close Nov 28-Dec.2 For Eid Al Adha - Zawya Dow Jones News
 
  Privatization Details
Subscription
Period:
2009
 

  Business Overview
In 1984, a Ministerial Committee consisting of Ministry of Finance and National Economy, Ministry of Commerce and the Saudi Arabian Monetary Agency (SAMA)Saudi Arabian Monetary Agency (SAMA)Loading... was created to regulate and develop the market. SAMA was additionally charged with the day-to-day regulation of the market. In 1990, a new system was introduced, the Electronic Securities Information System (ESIS), that was developed and operated by SAMA. Tadawul, the new securities trading, clearing and settlements was established in October 2001. Tadawul is managed and organized by the Capital Market Authority, which is a dependant entity financially and administratively.

By the end of 2005, the Saudi Stock Market was ranked the 10th largest market in the world in terms of value traded with a total number of trades came in 10th place at 6,967,500 trades slightly behind the German stock exchange Deutsche Bo ranked in 9th place with 7,459,600 trades, the Canadian TSX Group ranked in 12th place with 5,940,600 trades and London Stock Exchange ranked in 13th place with 5,401,600 trades.

In terms of market capitalization, Tadawul ranked 16th in the world as of December 31, 2005 with a market capitalization of USD 650.18 billion and the 14th in terms of number of trades, just behind Korea Stock Exchange and ahead Bombay, BSE, India, Taiwan, Sao Paulo, Shanghai, and Singapore. The Saudi Tadawul All-Share Index (TASI) for the year 2005 recorded 103.66 percent growth and over SR4.14 trillion traded in the same year. The TASI by the end of 2005 closed at 16,712.64 points compared to 8,206.23 for the year 2004, recording a historical high point at 16,988.08 on Dec.15, 2005.
 
 
  Industry Benchmarks  Yr 2007  Yr 2008  Change (%)
 
  Number of Listed Companies 111  127  14.41 
 
  Total Market Capitalization (USD mil) 519,030  246,540  (52.50) 
 
  Number of Transactions (mil) 65.67  52.14  (20.60) 
 
  Volume of Traded Shares (Shares mil) 61,730  59,680  (3.32) 
 
  Value of Traded Shares (USD mil) 682,060  523,450  (23.25) 
 
 Major Shareholders
This Requires Subscription
 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
  Organization Structure and Related Entities 
Supervising Authority
 
Name  Country  Holding
Capital Market Authority - Saudi Arabia Saudi Arabia -
 
 
  Representatives
Auditors
 
Ernst and Young Riyadh
 
Banks
 
Samba Financial Group
 
 
 Summary Financials
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 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

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