Tadawul Announces Extending the Closing Auction Session and the Trade at Last Session on August 27 Ahead of the Second and Final Tranche Inclusion in MSCI as an Emerging Market
Tuesday, August 20, 2019 at 4:03 PM
Tue Aug 20, 2019 16:03
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 27/8/2019 only.
The one-day extensions come ahead of the second and final tranche inclusion in MSCI as an Emerging Market effective Wednesday 28/8/2019 based on the closing prices of Tuesday 27/8/2019, with an inclusion factor of 50%.