Overview of SSOs contracts performance on Tuesday

12/12/2023 Argaam Special

Tadawul trading screen 


The Saudi Derivatives Market recorded no transactions on single stock options (SSOs) contracts today, Dec. 12.

Below is the performance of SSOs contracts:

SSOs Contracts Performance

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change (%)

Aramco

9.09

8.99

(0.10)

(1%)

SABIC

20.52

19.01

(1.51)

(7%)

Al Rajhi Bank

25.28

25.17

(0.11)

(0.4%)

stc

39.72

38.64

(1.08)

(3%)

*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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