The Saudi Tadawul’s latest annual statistical report has revealed that the main Saudi Stock Market (TASI) closed at its highest level on December 31, 2023, at 11,967.39 points.
The trading value surpassed $355.49 billion through 94.02 million transactions, with 83.03 billion shares being traded, according to the document. This represents a yearly growth of 14.21%, an increase of 1,488.93 points compared to the previous year’s 10,478.46 points.
Total investments
The report also disclosed that the total number of male and female individual investors whose certificates were deposited by the end of Q4 2023 was 6,146,230, while the number of institutional investors was 13,661.
Additionally, the total number of open investment portfolios for individuals amounted to 11,043,494 wallets, and 49,031 wallets for institutions.
Saudi Parallel Stock Index
Meanwhile, the Saudi Parallel Stock Index (NOMU) closed the year 2023 at 24,528.98 points and reached its highest point on June 18, 2023, at 28,988.06 points. The total value of shares traded was SAR8.07 billion, with about 678,670 completed transactions.
The market value of the issued shares stood at SAR48.30 billion, and the total number of shares traded was 638.23 million.
Last week, official data revealed that the total market capitalisation of Arab stock exchanges rose to about $4.558 trillion in 2023, up from the $4.65 trillion reached the year before.
The UAE and Saudi Arabia were the main drivers of this growth, which recorded combined gains of $493 billion (Dh1.81 trillion), according to official data compiled by WAM.
