Overview of SSOs contracts performance on Wednesday

20/12/2023 Argaam Special
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) published today, Dec. 20, the settlement prices of the single-stock options (SSOs) contracts in the derivatives market.

 

Below is the performance of SSOs contracts:

 

Performance of SSOs Contracts - December 2023**

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change (%)

Saudi Aramco

8.15

7.52

(0.63)

(8 %)

SABIC

22.82

21.21

(1.61)

(7 %)

stc

31.26

25.57

(5.69)

(18 %)

Al Rajhi Bank

28.72

28.61

(0.11)

(0.4 %)

*As per settlement

 

Tadawul introduced SSOs to the market on Nov. 27 as its latest exchange-traded derivatives product.

 

SSOs grant their holders the right, but not the obligation, to sell or buy an underlying asset at a predetermined price and by a certain date.

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