Overview of SSOs contracts performance on Monday

15/01/2024 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, Jan. 15.

 

Below is the performance of SSOs contracts:

 

SSOs Contracts Performance – January 2024

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change (%)

Aramco

8.86

8.41

(0.45)

(5%)

SABIC

20.04

19.93

(0.11)

(1%)

stc

11.07

11.31

0.24

2%

Al Rajhi Bank

31.43

33.02

1.59

5%

*Based on 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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