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06 Dec 2018, Gergana Bencheva, EMIS Editor

Number of Saudi women investing in stock market grows to over 1m in Q3 2018

The number of Saudi women investing in the domestic stock market grew to 1.003 million by the end of the third quarter of 2018, AMEinfo reported referring to data provided by the Saudi Capital Market Authority (CMA). Thus, the count of female investors rose by 17,860 in comparison to the same period a year earlier.

At the end of the third quarter of 2018, the Saudi Tadawul Stock Exchange, which is the largest financial market in the Middle East, boasted a total of 4.72 million investors. The number of women investors, on the other hand, was the highest recorded in the past three years, CMA noted.

In 2017, the Saudi stock market appointed its first female chairperson, Sarah Al-Suhaimi. Women are now getting a larger role in society as part of Riyadh’s ambition to boost the kingdom’s economy, AMEinfo reminded.

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