The Saudi Exchange Co. (Tadawul) launched on Sunday the TASI50 Index, which tracks the top 50 companies ranked by total market capitalization listed on the Saudi Exchange. Tadawul said in a statement that constituents in the index cover 90% of the free float market cap with a minimum annual traded value ratio (ATVR) of 5%, ensuring that the index comprehensively represents the largest companies in the market.
Saudi Arabia launches TASI50 Index - China org cn
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Closing bell: Saudi main index rises 140 points to close at 12,285
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Saudi Arabia launches TASI50 Index
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