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Saudi Tadawul market resumes after early halt due to technical glitch

Saudi Arabia's Tadawul market system breaks down due to technical issue

Dubai: Equities trading in Saudi Arabia has been halted due to a technical issue. The market will be suspended temporarily due to an unexpected technical issue out of the company s control, the Saudi Exchange said in a statement. The bourse is home to over 200 listed securities with a total market capitalization of about $2.6 trillion, including the world s biggest energy company Saudi Aramco. The Tadawul All Share Index was up as much as 0.8% earlier Wednesday, before trading stopped. The total value of shares purchased by foreign investors in Tadawul during May amounted to SAR 15.32 billion ($4.09 billion). Foreign investors represent 9.65 per cent of the total buying activity, and sales of SAR 13.55 billion, representing 8.54 per cent of total selling activity, the Saudi stock exchange said in its monthly report.

Tadawul fixes technical glitch that affected Exchange temporarily

Tadawul fixes technical glitch that affected Exchange temporarily June 02, 2021 Tadawul RIYADH The Saudi Stock Exchange (Tadawul) announced Wednesday that it had fixed the technical failure that affected the Saudi Exchange, noting that the market activities are now working normally without interruptions. The Saudi Stock Exchange (Tadawul) had earlier announced the suspension of trading at the market temporarily due to an unexpected technical failure, noting that the specialized action team is working to fix the failure as fast as possible. Tadawul extended its apologies, stressing the safety of its systems and operations and that it always implements all procedures that preserve the interests of the market and traders. SPA

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