September 20, 2024

Report Wire

News at Another Perspective

Saudi inventory market buying and selling stops over technical error

1 min read

Saudi Arabia’s key inventory market suspended buying and selling Wednesday over what it known as an unexplained technical glitch.
Saudi state tv reported the trades halting on Riyadh’s Tadawul in an pressing on-screen graphic, with an anchor saying officers had been attempting to repair the issue.
The Tadawul later stated buying and selling had resumed, however Saudi state TV stated buying and selling stay halted regardless of the inventory market’s assertion. There was no fast clarification for the conflicting statements.
The Tadawul trades a sliver of the value of the nation’s oil large, the Saudi Arabian Oil Co. Aramco is among the world’s top-valued corporations.