News Centre

The Saudi Stock Exchange Performance Report – 1st Quarter Statistical Report 2020

Date 01/04/2020

At the end of the 1st Quarter 2020 Tadawul All Share Index (TASI) closed at 6,505.35 points, decreased by 2,314.09 points 26.24% over the same period of the previous year.

AFME Welcomes Temporary Relaxation Of Pre-Emption Rights For Share Issuance

Date 01/04/2020

In response to the announcement by the Pre-Emption Group (PEG) today, Gary Simmons, Managing Director of High Yield and Equity Capital Markets, said:

“The recent social and economic restrictions placed on businesses to stop the spread of the COVID-19 virus has had a significant impact on UK businesses and markets. AFME’s Equity Capital Markets group therefore welcomes today’s statement by the Pre-Emption Group to temporarily relax the guidelines relating to pre-emption in issuances by companies of up to 20% of their issued share capital during this period of unprecedented market turbulence. This follows an initial suggestion by AFME’s Equity Capital Markets group to the Pre-Emption Group to take a pragmatic and flexible approach regarding the fact that certain companies will likely need to raise capital very quickly, and within limited marketing windows. AFME recommends that its members follow the guidance in the PEG statement, given that the announcement is consistent with the objectives of the AFME ECM Board.”

Moscow Exchange: Risk Parameters Change For The Security XS2099763075

Date 01/04/2020

As per the Securities market risk parameters methodology, on 01.04.2020, 14-53 (MSK) the upper bound of the price band (up to 95.4077) and initial margins (up to 23.75 %) for the security XS2099763075 were changed. New values are available here

EBRD Monitor Assesses Resilience Of Emerging Economies To Covid-19

Date 01/04/2020

The European Bank for Reconstruction and Development (EBRD) has developed a new monitor to assess the ability – or otherwise – of emerging economies across its regions to withstand the impact of the Covid-19 pandemic.

ACER Consults On The Electricity Bidding Zone Review Process

Date 01/04/2020

The European Union Agency for the Cooperation of Energy Regulators (ACER) launches today a public consultation on the upcoming bidding zone review study mandated by the recast Electricity Regulation of the Clean Energy Package.

Bond Connect Flash Report March 2020: Bond Connect Makes Headway In Both Primary And Secondary Markets

Date 01/04/2020

Highlights of the Month

• On March 24, Bond Connect Primary Market Information Platform (PMIP) facilitated the issuance of Sichuan Government Bond, the first local government bond leveraging active overseas promotional channel for primary distribution to global investors.
• In spite of the global outbreak of COVID-19, Bond Connect has been operating in a robust manner with continuous support from offshore investors and onshore dealers. Trading tickets totaled 5007 for the month, while the volume amounted to RMB 478.2bn.
• Bond Connect started to support special settlement cycles and recycling settlement in March. Special settlement cycles allow investors across different regions in the world facing different local holiday arrangements to settle trades on T+4 and beyond, mitigating operational risks. Through the recycling settlement service, investors can opt for recycling settlement within the next three business days following the original contracted settlement date by applying to CCDC or SHCH should a trade fails to settle on schedule.

Moscow Exchange: Risk Parameters Change For The Security IRGZ

Date 01/04/2020

As per the Securities market risk parameters methodology, on 01.04.2020, 14-16 (MSK) the upper bound of the price band (up to 12.64) and initial margins (up to 62.5 %) for the security IRGZ were changed. New values are available here

Tokyo Commodity Exchange: Trading Overview In FY2019 And March 2020

Date 01/04/2020

Japan Exchange Group released Trading Overview in FY2019 and March 2020.

The Saudi Stock Exchange Announces The Publication Of The Monthly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 01/04/2020

Main Market

The total value of shares traded for the month  ending 31 March 2020 amounted to SAR 116.93 billion, increasing by 63.31% over the previous month; while total stock market capitalization reached SAR 7,561.97 billion at the end of this period, decreasing by 10.25 % over the previous month.

The Spanish Exchange Traded 55.46 Bn. Euros In March - Monthly Trading Statements For BME Markets

Date 01/04/2020

• Up 59.9% from the same month in 2019 and up 46.4% from February
• The number of equity trades in March increased 142.3% yoy to 7.61 million
• New issues admitted in the Fixed Income markets posted a 26.1% increase year-on-year
• On 12 March 77,763 IBEX 35 PLUS contracts were traded, hitting a daily a record high excluding the expiration weeks