Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced that its total profit grew by 14% year-on-year to SAR 285 million in 2018.
Tadawul’s operating revenue rose by 6.9% on an annual basis to SAR 583 million last year, while operating profits hiked by 29.2%.
In addition, the number of qualified foreign investors surged by 400% to 500 last year from 100 a year earlier.
Meanwhile, 12 new securities were listed, bringing the total number of listed companies on the Saudi bourse to 190.
Tadawul also revealed establishing Securities Clearing Center Company (Muqassa) and launching MSCI Tadawul 30 (MT30) index.
