Saudi Stock Exchange (Tadawul)

Saudi Stock Exchange (or Tadawul) is the principal stock exchange in Saudi Arabia. The Council of Ministers approved the formation of The Saudi Stock Exchange (Tadawul) Company on 19 March 2007.

The Exchange signed a contract with OMX (a leading supplier and operator for stock exchange technologies) in 2006 for the design, supply and implementation of trading, information dissemination, surveillance and depository and settlement systems. The new system will support Tadawul plans for expanding its product offerings. The system is equipped with very advanced market surveillance system to monitor activities in the market. The system also supports trading of different instruments such as bonds, Sukok and other investment products.

The objectives of the Saudi Stock Exchange are: operating the market efficiently and delivering service excellence, as well as developing a leading financial exchange by supporting competitive investment and financing channels.

Index components include: Tadawul All Share Index (TASI); Banks & Financial Services; Petrochemical Industries; Cement; Retail; Energy & Utilities; Agriculture & Food Industries; Telecommunication & Information Technology; Insurance; Multi-Investment; Industrial Investment; Building & Construction; etc.

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