Tadawul sees over 200,000 transactions worth SAR 6 bln in first hour of trading
24/02/2021 Argaam
Saudi Stock Exchange (
Tadawul) witnessed more than 200,000 transactions on listed shares in the first hour of trading today, Feb. 24, 2021.
In the first hour, over 222,000 transactions were executed on about 190 million shares with a total value of about SAR 6 billion – possibly the highest in the market history - as no data is available on the number of transactions executed on Tadawul before 2007.
The benchmark Tadawul All Share Index (TASI) saw heavy buying in the first 20 minutes of trading, as the index managed to break above the 9,200-point level, at 9,217 points, before witnessing profit-taking amid large selling, as the index fell to 9,079 points.