Saudi Arabia: Tadawul Leapfrogs 3 Places In Global Exchange Rankings

Saudi Arabia: Tadawul Leapfrogs 3 Places In Global Exchange Rankings

Saudi Arabia's Tadawul has jumped three places among the world's largest stock exchanges based on the value of shares traded.

Tadawul ranked 17th in the world in terms of liquidity in March - up three places from the end of last year, Al Eqtisadiah reported, citing data from the World Federation of Exchanges.

The Saudi stock market achieved the milestone after March liquidity rose by almost a fifth to SR290.7 billion ($77.5 billion).