Overview of SSO contracts performance on Wednesday

29/11/2023 Argaam Special

Overview of SSO contracts performance on Wednesday

Tadawul trading screen


The Saudi Derivatives Market recorded no transactions on single stock options (SSO) contracts today, Nov. 29. 

 

Below is the performance of SSO contracts: 

 

SSO Contracts Performance

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change %

Aramco

7.41

8.08

0.67

+ 9%

stc

8.60

8.59

(0.01)

(0.1%)

Al Rajhi Bank

20.94

20.93

(0.01)

(0.05%)

SABIC

0.48

0.46

(0.02)

(4%)

*Based on settlement

 

The Saudi Exchange (Tadawul) introduced SSOs to the market on Nov. 27, as its latest financial derivatives product. 

  

SSOs grant their holders the right, but not the obligation, to sell or buy an underlying asset at a predetermined price and by a certain date.

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