Riyadh – Mubasher: The Saudi Exchange, known as Tadawul, has officially announced the results of its periodic indices maintenance for the second quarter (Q2) of 2026.
The adjustments are scheduled to take effect at the commencement of trading on 5 July 2026, according to a bourse filing.
Meanwhile, the maintenance includes updates to free float share calculations and changes to index constituents across both the Main Market and the Parallel Market (Nomu).
As part of its commitment to maintaining the accuracy and transparency of its market benchmarks, Tadawul conducts quarterly reviews to ensure that indices reflect the current liquidity and market capitalization of listed entities.
A primary component of this update is the revision of free float shares for all listed issuers, through a process involving calculating the portion of shares available for public trading by excluding restricted holdings, such as those held by government entities, founding shareholders, or those subject to lock-up periods.
By updating these figures for all companies in the Main Market and Nomu, the exchange ensures that the weighting of each company within the indices remains representative of its actual investable market value.
The Q2-26 review has resulted in several notable changes to the composition of the exchange's primary benchmarks.
In the Main Market, Dar Albalad for Business Solutions Company (7205) has met the necessary criteria for inclusion. The company will be added to the Tadawul All Share Index (TASI), the broad benchmark tracking the performance of the Saudi equity market. Additionally, the firm will join the Software and Services index, reflecting its specific industrial classification.
In the Parallel Market (Nomu), Keir International Company (9542) has been selected for inclusion in the Parallel Market Capped Index (NomuC). This index is designed to track the performance of companies listed on the Nomu platform while applying a cap on the maximum weight of any single constituent to ensure diversified representation.
Conversely, the quarterly maintenance has led to the removal of several entities from the indices. In the Materials sector, both Methanol Chemicals Company – Chemanol (2001) and Nama Chemicals Company (2210) will be excluded from the Tadawul All Share Index (TASI).
Consequently, both companies will also be removed from the Material Industry Group Index. These exclusions typically occur when a company no longer meets the specific liquidity or market capitalization thresholds required to remain a constituent of the benchmark.
Furthermore, the Parallel Market Capped Index (NomuC) will see the removal of Amwaj International Company (9537).
This adjustment ensures that the NomuC remains aligned with the evolving landscape of the parallel market, which serves as an alternative platform for small and medium-sized enterprises seeking access to capital markets.
