Tadawul

Tadawul (Arabic تداول Tadawul ) is the Saudi Arabian stock exchange in Riyadh.

Stock Exchange

The Saudi Arabian joint stock companies had their origin in 1935, when the Arab Automobile Company was formed as the first corporation in the country. Numerous joint-stock companies were founded early as the 1970s in Saudi Arabia and shares traded informally. 1975, there were about 14 companies. On 23 November 1984 the Stock Exchange with the creation of the Saudi Share Registration Company was formally opened. It is regulated by a committee whose members include the ministers of finance and trade and the governor of the Saudi Arabian Monetary Agency ( SAMA ), the Saudi Arabian central bank belong. On 6 October 2001, the introduction of the trading system Tadawul was. It replaced the 1990 launched Electronic Securities Information System ( ESIS). Trading time is from 9:00 bis 15:00 clock clock local time ( 7:00 bis 13:00 clock clock CET).

The Saudi Arabian stock market is among the largest in the Middle East. According to the Arab Monetary Fund 2006 he ranked by market capitalization, the number of shares traded and the trading volume ranks first in the Arab world. The capitalization of the Tadawul was about 50 percent of the value of all Arab stock exchanges. Between 2000 and 2006 the number of publicly traded shares from 2.8 billion to 68.5 billion, the value of which increased from 65.3 billion to 5.262 billion Saudi riyal Saudi riyal. 15 August 2010 144 companies were listed on the stock exchange. The main reasons for the increase in stock market operations were in the growth of gross domestic product ( GDP), corporate profits and due to the number of investors. Other factors were the increased reflux of applied foreign capital and the economic reform measures of the government.

Leading index

The most important index is the Tadawul All-Share Index ( TASI ). It includes companies from the

  • Banks ( Financial Management)
  • Industry (chemical, petrochemical, food, etc. )
  • Building materials ( cement, among others )
  • Services (tourism, shipping, transport, import, export, etc. )
  • Utilities ( electricity industry )
  • Telecommunications
  • Insurance industry and
  • Agriculture.
Types of business entity Share (finance)
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