Saudi bourse to launch single stock futures on July 4

The Saudi stock exchange Tadawul plans to launch single

it will be launched on july 4

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which will enable local and international

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Investors to hedge and manage portfolio risks more effectively.

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Tadawul said in a statement on Sunday

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that the underlying stocks for single stock futures have been selected

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from the largest and most liquid publicly listed companies.

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Saudi authorities have introduced a raft of reforms to attract overseas share buyers

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