The Saudi Stock Exchange “Tadawul” announces suspending trading of current listed securities that are settled after two business days in preparation for implementing the new (T+2) settlement cycle of listed securities. Suspension will take place on Wednesday and Thursday the 19th and 20th of April 2017. Trading shall resume on these securities Sunday, April 23 2017.
It is crucial to suspend trading securities at this point as the new (T+2) settlement cycle shall replace the current (T+0) settlement cycle. Accordingly, ensuring that there are no suspended transactions is a must prior to the (T+2) implementation.
Suspension Includes only the Following Securities:
- 1310 Mohammad Al Mojil Group
- 4130 Al-Baha Investment and Development Co.
- 6080 Bishah Agricultural Development Co.
- 8220 Weqaya Takaful Insurance and Reinsurance Co.
- 8090 Sanad Cooperative Insurance Co.
- 2210 Nama Chemicals Co.
- 7040 Etihad Atheeb Telecommunication Co.
- 2315 Sadara Basic Services Company's sukuk
- 4035 National Shipping Company of Saudi Arabia's Sukuk
- 5014 Arabian Aramco Total Services Company Sukuk
- 5113 Saudi Electricity Company Sukuk 3
- 5114 Saudi Electricity Company Sukuk 4
