Overview of SSOs contracts performance on Wednesday

13/12/2023 Argaam Special

Overview of SSOs contracts performance on Wednesday

Tadawul trading screen 


The Saudi Derivatives Market recorded no transactions on single stock options (SSOs) contracts today, Dec. 13.

 

Below is the performance of SSOs contracts:

 

SSOs Contracts Performance

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change (%)

Aramco

7.01

6.85

(0.16)

(2%)

SABIC

19.01

19.19

0.18

1%

Al Rajhi Bank

25.17

25.37

0.20

1%

stc

38.64

38.39

(0.25)

(1%)

*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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