Stocks

Saudi stock market says trading ''suspended temporarily''

PTI Dubai | Updated on June 02, 2021

A television anchor said officials are trying to fix the ‘technical glitch’

Saudi Arabia’s key stock market suspended trading on Wednesday over what it referred to as a technical glitch, without elaborating.

Saudi state television reported the trades halting on Riyadh’s Tadawul in an urgent on-screen graphic, with an anchor saying officials were trying to fix the problem.

Also read: Oil prices rise on OPEC+ discipline, strong demand outlook

The Tadawul trades a sliver of the worth of the country’s oil giant, the Saudi Arabian Oil Co. Aramco is one of the world’s top-valued companies.

Published on June 02, 2021

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