Where have you heard about the Tadawul All Share index?

What is the Tadawul All Share index?

The Tadawul All Share, or TASI, is a Saudi Arabian index. It measures publicly traded companies on the Saudi Stock Exchange, also known as Tadawul. It is operated by the Capital Market Authority.

You may be aware of the TASI if you have invested in the Saudi region via an authorised fund based overseas, or if you live and invest in the Middle East.

What you need to know about the Tadawul All Share index.

The Tadawul All Share Index is Saudi Arabia's main market index. Tadawul also measures a parallel equity market, NOMU, which provides an alternative way for companies to go public.

The index was launched in 1985 with a base value of 1,000 and was restructured in 2008. The historic high of over 19,000 was reached in 2006 but has been trading in the range of 5,500 to 7,500 in recent years.

Companies represented on the index include banks such as the Arab National Bank and HSBC Saudi Arabia, petrochemical companies SABIC and SAFCO and construction companies such as Zamil Industrial and Saudi Industrial.

The market is open Sunday - Thursday from 10am to 3pm local time (GMT+3).