Thursday, June 24, 2021

Saudi stock market says trading resumes after brief glitch


In this June 15, 2015, file photo, a Saudi man walks through the Tadawul Saudi Stock Exchange in the Saudi Arabian capital, Riyadh. Saudi Arabia’s key stock market suspended trading Wednesday, June 2, 2021, over what it referred to as a technical glitch, without elaborating. (AP Photo/Hasan Jamali, File)

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s key stock market briefly suspended trading Wednesday over what it referred to as a technical glitch, restoring its services in about a half hours 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.

Tadawul later said trading had resumed.

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.

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