Not yet registered? Create a OverBlog!

Create my blog

All about: Saudi stock market

There is only one stock market in Saudi Arabia and it is called the Saudi Stock Exchange Market or the Tadawul. The Tadawul is under the supervision of the Capital Market Authority or CMA of Saudi Arabia. The CMA is the governmental institution which is controlling all the Saudi Arabian markets for capital. The authority is independent financially, legally and administratively. It must however report to the Prime Minister.

The components of the Tadawul

Origin The Tadawul was established back in the 1930s. As of 15 August 2010, the Tadawul was listing 144 companies which are publicly traded. The companies listed on the Tadawul are active in the following fields: - Banking and Financial services - Petrochemical Industries - Cement and Retail - Energy and Utilities - Agriculture and Food Industries - Telecommunication and IT - Insurance - Multi investments - Industrial Investment - Business and Construction - Real Estate and Property Development - Transport - Media and Publishing - Hotel and Tourism

The Saudi Stock Market: The objectives

The Tadawul has five main objectives: The first one is to operate the stock exchange market efficiently. The second one is delivering quality services. The third one is to ensure that all stock market activities are carried out with the most fairness and integrity. The fourth objective is to develop the capabilities of the exchange market. The fifth objective is to support investments in a competitive environment in order to develop strong financial exchanges.

The Tadawul: Trading sessions

A market day opens at 10am and closes at 4.30pm. It is also divided into three periods called trading sessions.
First session The first session opens at 10am and closes at 11am and it is called the pre-open or the Open-Order Maintenance (orders can be ordered, amended and cancelled; the first five prices are displayed).
Second session The second trading session starts at 11am and ends at 3.30pm and it is called Open-Trading (orders can be ordered, amended, cancelled and maintained; the first ten prices are displayed).
Third session The third session starts at 3.30pm and ends at 4.30pm and it is called the Pre-Close (prices can not changed, orders cannot be placed, and quantities can only be decreased).

The Tadawul New Trading System

In 2006, the Saudi Stock Market signed a contract with a new provider of stock exchange technologies, OMX, in order to achieve a new system. The new system is designed to allow unlimited number of brokerage companies to trade, improve the quality of stock market watch, improve transparency to the market depth, and implement controls against manipulation of the market. The system covers trading, depository, registry and other aspects. It supports the trading of new products as well.

Same category articles Stock exchange

A guide to making family investments

A guide to making family investments

Making money and accumulating it has become more necessary than ever before. For this reason, there are various options and approaches for safeguarding your family in unexpected situations through fund investment. Investments for family come in the form of child trust funds, health indemnities, savings accounts and retirement funds. These reserves go a long way in securing the future financially.
How to choose an investment advisor

How to choose an investment advisor

If you want to participate in the investment market by investing your savings, it is important to choose an investment advisor who offers the best investment advice. The investment consultant should be one who is knowledgeable, who has current investment information, who has a good investment reputation and also who is able to offer professional financial advice. This article identifies the qualities of a good investment advisor.
What are the types of investments for cautious people?

What are the types of investments for cautious people?

Investment involves taking a risk with the intention of earning extra income or capital gains from the money invested. Cautions people are risk-averse investors who aim to minimise the risk and to maximise the returns on capital investments. This will restrict their investment choice to low risk or risk-free, and low return investment bonds. This article will detail out information about the types of investments which are available for cautious people.
What are the ways to invest money in the UK

What are the ways to invest money in the UK

Individuals considering on how to invest money in the UK should consider investments with tax relief. Depending on the tax position of the investor, such investments may result in higher returns on investment and a lower tax bill.