What is 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.

What does Tadawul stand for?

This picture taken December 12, 2019 shows a view of the sign showing the logo of Saudi Arabia’s Stock Exchange Market (Tadawul) bourse in the capital Riyadh.

What are indexes used for?

An index measures the price performance of a basket of securities using a standardized metric and methodology. Indexes in financial markets are often used as benchmarks to evaluate an investment's performance against. Some of the most important indexes in the U.S. markets are the S&P 500 and the Dow Jones Industrial Average.

What is the S&P 500 Index?

The S&P 500 Index and the Bloomberg US Aggregate Bond Index are common benchmarks for the U.S. stock and bond markets, respectively. In reference to mortgages, it refers to a benchmark interest rate created by a third party. Each index related to the stock and bond markets has its own calculation methodology.