Tadawul Announces the Extension of Closing Auction and Trade at Last sessions on May28 Ahead of the First Tranche Inclusion in MSCI as an Emerging Market
Monday, May 20, 2019 at 3:25 PM
Mon May 20, 2019 15:25
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 28/5/2019 only.
The one-day extensions come ahead of the first tranche inclusion in MSCI as an Emerging Market starting on Wednesday 29/5/2019 based on the closing prices as of Tuesday 28/5/2019, with an inclusion factor of 50%.