Saudi bourse falls 37% in 2013 in debut disclosure | Economy | Saudi Gazette:
"Saudi Stock Exchange (Tadawul), the Middle East's largest bourse that is planning to go public, reported a 37 percent drop in 2013 net profit, its first ever financial disclosure showed on Tuesday.
The exchange made a net profit of SR152 million ($40.5 million) last year. It attributed the decline in earnings to lower revenues from reduced average daily trading volumes.
These fell to SR5.5 billion in 2013, from SR7.7 billion in the year earlier period."
'via Blog this'
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