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The Saudi Tadawul Group launches 4 new indicators for the size of companies and initial offerings

Saudi Tadawul Group

Today, Sunday, the Saudi Tadawul Group revealed the launch of 4 trading indicators for the size of companies and initial offerings, starting today, September 17, 2023.

Saudi Tadawul said in a statement today that the launch of these new indices, which include a Tadawul index for large companies, a Tadawul index for medium-sized companies, a Tadawul index for small companies, and a Tadawul index for initial offerings.

She described the launch of the new indicators as an important step in the growth and progress of the Saudi financial market.

Tadawul indices for the size of companies reflect the composition of the market, as large companies represent 70% of the total market value of free shares, while medium-sized companies represent 20%, while small companies represent the remaining 10%. Tadawul indices for the size of companies also provide investors with reference measures for expanding… The scope of their investment strategies and taking advantage of the opportunities provided by the market.

Saudi Tadawul indicated that the Tadawul Index for Initial Offerings focuses on companies whose shares were listed on the main Saudi Tadawul market during the past five years.

This index provides investors with benchmarks to evaluate the performance of newly listed companies, and also provides them with a unique opportunity to invest in new, fast-growing companies.

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