Overview of SSOs contracts performance on Thursday

18/04/2024 Argaam Special

Overview of SSOs contracts performance on Thursday

Tadawul trading screen 


The Saudi Exchange (Tadawul) published settlement prices of single stock options (SSOs) contracts today, April 18.

 

Below is the performance of SSOs contracts:

 

SSOs Contracts Performance – April 2024

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change (%)

Aramco

5.95

5.90

(0.05)

(1 %)

SNB

7.70

7.70

--

--

SABIC

30.93

30.72

(0.21)

(1 %)

Al Rajhi Bank

18.34

17.83

(0.51)

(3 %)

stc

6.25

7.25

1.00

16 %

Alinma Bank

5.91

5.91

--

--

 *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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