Overview of SSOs contracts performance on Monday

29/04/2024 Argaam Special

Overview of SSOs contracts performance on Monday

Tadawul trading screen


The Saudi Exchange (Tadawul) published settlement prices of single stock options (SSOs) contracts today, April 29.

 

Below is the performance of SSOs contracts:

 

SSOs Contracts Performance – May 2024

Contract

Previous Close

(SAR)

Daily Settlement Price

(SAR)*

Change

(SAR)*

Change

(%)

Aramco

7.22

7.16

(0.06)

(1%)

stc

9.46

8.21

(1.25)

(13%)

SNB

7.73

8.08

0.35

5%

Alinma Bank

8.64

9.85

1.21

14%

Al Rajhi Bank

18.87

20.51

1.64

9%

SABIC

27.15

30.64

3.49

13%

Maaden

8.17

8.60

0.43

5%

*Based on the settlement.

 

Tadawul introduced SSOs to the market on Nov. 27, 2023, 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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