The Tadawul All-Share Index (تداول, TASI) is the leading

stock market index In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calcul ...

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...

. It comprises all companies listed on the Tadawul Stock Exchange.

Index

The Tadawul All-Share Index is a

price index A price index (''plural'': "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a defined time period. It is a statistic ...

in which all stock corporations on the Tadawul Stock Exchange are listed. It reflects the development of the entire Saudi Arabian stock market. The index level is determined exclusively based on share prices and is only adjusted for income from subscription rights and special payments. The weighting is based on the

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...

of the listed companies, with the weighting of large constituents being capped. Corporate actions such as share splits have no (distorting) influence on the index. The calculation is updated continuously during trading hours. The index was launched on February 27, 1985, under the name ''National Center for Financial and Economic Information Index'' (NCFEI Index). The base value was initially 100 points. On January 23, 1998, the index was multiplied by a factor of 10, and the 1985 base value was set at 1,000 points.

Top 10 Constituents

* Al Rajhi Bank * Saudi National Bank * Saudi Telecom Company *

Saudi Aramco Saudi Aramco ( ') or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. , it is the fourth- l ...

* Saudi Basic Industries Corporation * Saudi Arabian Mining Co. * Riyad Bank * Alinma Bank * Saudi British Bank *SABIC Agri-nutrients

Record values

Annual returns

The following table shows the annual development of the Tadawul All-Share Index since 2001.

Sub-indices

The following are also published:https://www.saudiexchange.sa/wps/portal/saudiexchange/rules-guidance/indices/t50indices?locale=en *Tadawul Large Cap Index (TLCIC) which includes the top 70% of the total free-float market capitalization *Tadawul Medium Cap Index (TMCIC) which includes around 20% of the market capitalization *Tadawul Small Cap Index (TSCIC) which comprises the bottom 10% *TASI50, which includes the top 90% of the total free-float market capitalization (ie large and medium cap as given above)

References