Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) will launch Nomu Capped Index (NomuC) on Sunday.

This step came as part of key changes previously announced for developing the market, increasing the number of listed companies on the Saudi parallel market, Nomu, and improving the market liquidity.

NomuC index will adopt the same free float market cap weighted calculation methodology followed by the main and sector indices, together with applying a capping threshold of 20% for any company, according to Tadawul’s statement.