Overview of SSOs contracts performance on Monday

26/02/2024 Argaam Special

Tadawul trading screen


The Saudi Exchange (Tadawul) published settlement prices of single stock options (SSOs) contracts today, Feb. 26.

Below is the performance of SSOs contracts:

SSO Contracts Performance – March 2024

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change %

Aramco

9.05

8.89

(2.57)

(22 %)

SNB

8.71

8.77

(0.48)

(5 %)

SABIC

25.11

24.11

0.59

2 %

Al Rajhi Bank

35.01

34.70

(0.83)

(2 %)

stc

12.17

11.62

(0.07)

(1%)

*Based on settlement

Tadawul introduced SSOs to the market on Nov. 27, 2023, as its latest financial derivatives product.

SSOs grant 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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