Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Saudi Stock Exchange (Tadawul): Reminder Announcement Regarding Implementing A New Mechanism For Opening And Closing Price Calculation In The Main Market And Nomu Parallel Market Next Sunday

Date 24/05/2018

Reference to the Saudi Stock Exchange (Tadawul) announcement published on 21/5/2018 regarding implementing the auction mechanism to calculate the closing price instead of the current Volume Weighted Average Price (VWAP), and enhancing the current mechanism to calculate the opening price, Tadawul would like to remind all market participants that implementing the new opening and closing price calculation mechanisms for both the Main Market and Nomu – Parallel Market shall start next Sunday 27/5/2018.

For more information, visit our FAQs page here