The Saudi Stock Exchange (Tadawul) announces extending the Closing Auction session for a total duration of 20 minutes (instead of 10 minutes), and the Trade at Last session for a total duration of 20 minutes (instead of 10 minutes). Accordingly, the Closing Auction session will start from 3:00 p.m. until 3:20 p.m. AST, and the Trade at Last session will start from 3:20 p.m. until 3:40 p.m. AST on Tuesday 28/5/2019 only.
The one-day extensions come ahead of the first tranche inclusion in MSCI as an Emerging Market starting on Wednesday 29/5/2019 based on the closing prices as of Tuesday 28/5/2019, with an inclusion factor of 50%.
