Saudi Tadawul profit surges 60% on higher trading value

March 3, 2025-Saudi Tadawul Group, the owner and operator of the kingdom's stock exchange, reported a 59 percent jump in 2024 profit, as annual trading value and listing services revenues rose by 38 percent and 27 percent, respectively.

Net profit was SAR622 million ($166 million) compared to SAR390 million in 2023, the company said in a bourse filing on Sunday.

The average daily traded value reached SAR7.5 billion last year and 58 new securities were listed, taking the total to 353, the company said.

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