Rules of S.A. Stock Trading
S.A. Trading Sessions
Trading Days: One session (Sunday through Thursday except official holidays)
Exchange Traded Instruments | Opening Days | Opening Auctions | Continuous Trading | Closing Auctions | Trade-At-Last |
|---|---|---|---|---|---|
Equities (Main Market & Nomu –Parallel Market) | Sunday-Thursday | 09:30–10:00* | 10:00– 15:00 | 15:00-15:10* | 15:10-15:20 |
Sukuk / Bonds | Sunday-Thursday | 09:30–10:00 | 10:00– 15:00 | - | |
Right Entitlements | Sunday-Thursday | 09:30–10:00* | 10:00– 15:00 | 15:00-15:10* | 15:10-15:20 |
ETFs | Sunday-Thursday | 09:30–10:00* | 10:00– 15:00 | - | |
REITs | Sunday-Thursday | 09:30–10:00* | 10:00– 15:00 | 15:00-15:10* | 15:10-15:20 |
CEFs | Sunday-Thursday | 09:30–10:00* | 10:00– 15:00 | 15:00-15:10* | 15:10-15:20 |
Derivatives (Index Futures) | Sunday-Thursday | 09:30–10:00 | 09:30– 15:30 | NA(LTP) |
* Note: the market opens and closes on a variable basis within 30 seconds after 10:00 a.m. and after 3:10 p.m.
Does Tadawul support T+0 trading?
YES. The Saudi stock market trades at T+0 with a T+2 settlement cycle.
Fluctuation Limits
1. Main Market
- Equities:
Fluctuation Limits of Daily Prices are±30% based on the closing price of the previous day or the listing price in the case of the first day of trading after listing. ±30% is available only during the first 3 days trading of newly listed Equities, Real Estate Investment Traded Funds and Closed-ended Investment Traded Funds. On the fourth day of trading: Fluctuation Limits of Daily Prices will revert to±10%.
Fluctuation Limits of Fixed Prices are±10% for the first three days of trading of newly listed Equities, Real Estate Investment Traded Funds and Closed-ended Investment Traded Funds. No Fluctuation Limits of Fixed Prices are applied on the fourth day of trading.
- Susuk/ Bonds: N/A.
- ETFs: Fluctuation Limits of Daily Prices are±10% based on the closing price of the previous day.
2. Nomu-Parallel Market
Fluctuation Limits of Daily Prices are±30% based on the closing price of the previous day or the listing price in the case of the first day of trading after listing. ±30% Fluctuation Limits of Daily Prices applied to all listed securities on Nomu.
Fluctuation Limits of Fixed Prices are±10% which will apply on an ongoing basis for all listed securities on Nomu.
