Saudi Exchange Announces the Launch of TASI50 Index

Saudi Exchange Announces the Launch of TASI50 Index

The Saudi Exchange Company announces the launch of TASI50 Index, as of today, Sunday January 7th, 2024. 

The TASI50 is an Index that tracks the top 50 companies ranked by total market capitalization listed on the Saudi Exchange. Constituents in the index covers 90% of the free float market cap with a minimum annual traded value ratio (ATVR) of 5%, ensuring that the index is a comprehensive representation of the largest companies in the market. The index can be used as a benchmark for ETFs, Futures, Options, and other financial products.

The launch of the TASI 50 Index is a significant milestone towards the achievement of the Financial Sector Development Program of Saudi Vision 2030. The index provides a benchmark for investment products, allowing both local and foreign investors to access a wide range of investment opportunities in the dynamic and growing Saudi capital market.

Click here to learn more about the TASI50 Index 

Saudi Exchange Announces the Launch of TASI50 Index