Reminder Announcement Regarding Implementing a New Mechanism for Opening and Closing Price Calculation in the Main Market and Nomu Parallel Market Next Sunday
Thursday, May 24, 2018 at 3:00 PM
Thu May 24, 2018 15:00
Reference to the Saudi Stock Exchange (Tadawul) announcement published on 21/5/2018 regarding implementing the auction mechanism to calculate the closing price instead of the current Volume Weighted Average Price (VWAP), and enhancing the current mechanism to calculate the opening price, Tadawul would like to remind all market participants that implementing the new opening and closing price calculation mechanisms for both the Main Market and Nomu – Parallel Market shall start next Sunday 27/5/2018.
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