Aswaq Company launches 'BOURSETI service for timely information in Saudi stock market

The investors subscribing to the new advanced service of BOURSETI will be able to view the share prices which are dynamically updated, follow up the latest rapid developments and news of the market, full display of the market activity, analysis, explanations and graphics of the stock market activity, information and details of market prices, list of top gainers and top losers. This is in addition to several other functions in both Arabic and English languages.

The wide features of the "BOURSETI Plus" program allow the possibility of allocating alerts conditions as well as the allocation of the market index with more freedom and flexibility in accordance with the personal interest of subscribers to enable the subscribers to view the information they want the way they want it.

Since BOURSETI is created to make a difference in presentation and viewing of stock market data, offering of a customized and distinctive customer service to enable the clients to conduct trading and dealing transactions at a high level of competence in line with the stated guidelines, rules and procedures of Tadawul, is the aim targeted by BOURSETI.

Speaking on this occasion, the Director General of Aswaq Services Company Limited Mr. Mohamed Yassin said:

"BOURSETI represents a new asset to the financial market by offering different service planes which will be the gate for investors in the financial market to enable them to make the right decision at the right time."

"The company was founded in 2006 by a number of Saudi partners with the aim of providing advanced services meeting the needs of traders for information on share prices and facilitating the appropriate decision making. Having our technical expertise and mass knowledge in all sectors of information technology the company is looking to establish joint ventures in the Middle East region and to expand activities to cover the Americas, Europe and East Asia to establish through our head office in Riyadh, Saudi Arabia", he added.

Mr. Yassin affirmed that BOURSETI Plus product which is the first fruit of the company's services came as a result of strenuous efforts and work based on deep studies and analysis by well-selected, elite, high-calibre work-team with extensive experience in the development and design of financial systems in line with the highest international standards.

He said that BOURSETI Plus product was launched in line with the company's conviction on the importance of the existence of various alternatives and technological systems for the wide base of investors in the financial market, to convey real time information to all categories of investors through all available technical channels and to help them to follow up the trends of the market and thus make the on time decisions.

"The core component of BOURSETI product's is market research and assessment which enables us to providing state-of-the-art-services. We aim to increase the awareness of investors in accordance with the market's needs by providing comprehensive technical analysis and accurate description of the financial market status and analysis of the financial market indices. In addition, we provide large companies and enterprises consulting services in the fields of company restructure, merger and acquisition operations", he said.

The Director General of Aswaq Services Company Ltd. expected that the new technological services provides by BOURSETI products will be highly welcomed by the investors in the Stock Market because it offers many advantages and advanced functions needed by both small and large investors in addition to financial analysis institutions. He noted in this respect that the Saudi Stock Market is regarded as one of the most important promising markets which require various advanced technological products that provide timely prices, advanced analysis tools and other news and information that aid investors and traders to make decisive decisions.

Aswaq Services Company Limited is planning to provide a complete set of new products and plans to satisfy the various needs of customers in all market sectors. Beside "BORSETI Plus" the company will be releasing "BOURSETI Super Plus" and "BOURSETI Pro" in the near future in addition to other services and products.