Riyadh – The Saudi Stock Exchange (Tadawul) announced extending the closing auction session and trade on 17 December, ahead of the Saudi Arabian Oil Company’s (Saudi Aramco) fast entry in the MSCI Emerging Markets Index

The closing auction and trading session will both be extended for 20 minutes, according to a statement by Tadawul on Sunday.

Accordingly, the Closing Auction will start from 3:00 PM, until 3:20 PM, while trade at the last session will start from 3:20 PM to 3:40 PM on Tuesday 17 December 2019.

The one-day extensions come ahead of Aramco’s Fast Entry in the MSCI Emerging Markets Index, which is effective Wednesday 18 December 2019 based on the closing prices of the session before.

 

Source: Mubasher

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