"Tadawul" ranks 25th in the world with a market value of 451 billion dollars

Tadawul was the 25th largest stock market of the World Federation of Capital Markets with a market capitalization of $ 451 billion at the end of 2017.

Tadawul Annual Report titled "Expansion and Diversification" Got the # 39, last year. Tadawul recorded net profit growth of 129.8 million rupees at the end of 2017, an increase of 543% over the previous year, with a 74% increase to 545.4 million Rs. The report highlighted the following achievements: The parallel market has launched a "growth" to support the national economy, diversify the base of products and services offered to market players, diversify the sources of income and create the infrastructures necessary to become a global market. In addition to highlight the state of the market and the applicable governance frameworks of the company. The report highlights the most significant operational achievements in line with best scientific practice, including the adoption of the GHS, the adjustment of the settlement period for securities transactions (T

+2), the lending and lending. Borrowing of listed securities and short sales. As well as officially announce the conversion of the SDC deposit to an independent subsidiary and the conclusion of the agreement on post-trading services with NASDAQ. The Saudi Stock Exchange (Tadawul) is the only entity authorized to operate as a market for securities in the Kingdom, ranking seventh among emerging markets.

It is the largest GCC market, with 52% of the total market capitalization of the GCC countries and 79% of the value traded