The Saudi Tadawul has released its year-end statistical report for 2023, indicating that the kingdom’s primary stock market, the TASI, concluded the year on a high note. On December 31, 2023, the TASI reached a pinnacle of 11,967.39 points, marking a significant upturn of 14.21% or an increase of 1,488.93 points over the preceding year’s close of 10,478.46 points.
Trading activity was robust, with the overall trading value for the year exceeding SAR 1.33 trillion across 94.02 million transactions, involving the exchange of 83.03 billion shares. By the end of the year, the total market capitalization of listed shares soared to SAR 11.26 trillion.
Investor engagement in the market was also on the rise. The number of individual investors, both male and female, with deposited certificates reached 6,146,230 by the end of the fourth quarter, while institutional investors accounted for 13,661. Investment portfolios for individuals saw a considerable number, totaling 11,043,494 wallets, and institutionally held portfolios amounted to 49,031.
Furthermore, the Saudi Parallel Stock Index (NOMU) also experienced significant activity, closing the year at 24,528.98 points after reaching an all-time high on June 18, 2023, at 28,988.06 points. The NOMU saw a total trading value of SAR 8.07 billion from approximately 678,670 transactions. The market capitalization of NOMU-listed shares was reported at SAR 48.30 billion, with a total of 638.23 million shares traded during the year.