Address
Riyadh, Saudi Arabia
Editor’s Note: This page is designed as a static page updated daily. The “Today’s Session Summary” section is updated after every close from Tadawul’s market summary page, and the rest of the content remains static.
TASI is the general index for the Saudi financial market, and it measures the aggregate price direction of listed companies in the main market. If TASI rises, it means that the heavily weighted companies in the market saw their prices rise that day.
Today’s Session Summary
| Item | Value |
|---|---|
| Index Close (points) | 10,598.88 |
| Change (points / %) | −81.73 points (−0.77%) |
| Traded Value (billion Riyals) | 3.55 |
| Advancing / Declining Companies | 107 advancing / 219 declining (15 unchanged) |
| Most Impactful Sectors | Decline in Media & Entertainment, Cement, and Building & Construction sectors |
What Does TASI Mean?
The name is an acronym for Tadawul All Share Index. The index launched in 1985 with a base value of 1,000 points, was restructured on June 30, 2008, and includes all companies listed on the main market.
The index is not calculated as a simple average of stock prices, but rather according to the free float market capitalization, i.e., shares actually available for trading, excluding restricted shares held by government entities or strategic investors. TASI is also a “capped weight” index, meaning there is a maximum limit to the weight of any single company in it, so no one company dominates its movement.
How Do You Read Daily Index Movements?
- Points: Reflects the current index level, like 10,800 points.
- Percentage Change: More important than the points change, because it allows comparison across days and years.
- Traded Value (Liquidity): The total value of executed trades.
- Advancing vs. Declining Companies: Indicates whether the market movement was broad or confined to a few companies.
- Sector Performance: Shows which sectors drove the day’s movement, like Banks, Energy, or Basic Materials.
Sources
- Saudi Tadawul: Index Calculation Methodology
- Saudi Tadawul: Market Summary
- Disclaimer: This content is informational and educational, and is not considered a recommendation to buy or sell.
