Tadawul temporarily reduces trading hours for all listed securities

25/03/2020 Argaam

 

The Saudi Stock Exchange (Tadawul) announced on Wednesday a temporary reduction of trading hours for all listed securities from 10am to 1pm, effective from tomorrow March 26.

 

Tadawul further explained that the trading sessions will be as follows:

 

- First Session: Opening Auction starts at 9:30am to 10am

 

- Second Session: Market Open – Trading starts at 10am to 1pm

 

- Third Session: Closing Auction (except for debt nstruments and ETFs) starts at 1pm to 1:10pm

 

- Fourth Session: Trade at Last (except for debt instruments and ETFs) starts at 1:10pm to 1:20pm

 

- Fifth Session: Market Close (except for Debt Instruments and ETFs) 1:20pm to 2pm

 

- Debt Instruments and ETFs: 1pm to 2pm

 

Tadawul also stressed that it will continuously take necessary measures to ensure market efficiency and shareholders’ interest, confirming its full capacity to operate its trading system.

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