TASI
Main Market
Companies
200+
Market Cap
9.70T
Price Limit
+/-10%
Investors
All
Nomu
Parallel Market
Companies
80+
Min. Listing Cap
10 million
Price Limit
+/-30%
Investors
Qualified only
Market Structure
| Criteria | TASI | Nomu |
|---|---|---|
| Official Name | Main Market (TASI) | Parallel Market (Nomu) |
| Year Launched | 2007 | 2017 |
| Listed Companies | 200+ companies | 80+ companies |
| Company Type | Large & mid-cap | Small, mid-cap & startups |
Official Name
TASI
Main Market (TASI)
Nomu
Parallel Market (Nomu)
Year Launched
TASI
2007
Nomu
2017
Listed Companies
TASI
200+ companies
Nomu
80+ companies
Company Type
TASI
Large & mid-cap
Nomu
Small, mid-cap & startups
Listing Requirements
| Criteria | TASI | Nomu |
|---|---|---|
| Min. Market Cap | SAR 300 million | SAR 10 million |
| Free Float | At least 30% | At least 20% |
| Number of Shareholders | 200+ shareholders | 50+ shareholders |
| Operating Track Record | 3 years | 1 year |
| Audited Financial Statements | 3 years | 1 year |
Min. Market Cap
TASI
SAR 300 million
Nomu
SAR 10 million
Free Float
TASI
At least 30%
Nomu
At least 20%
Number of Shareholders
TASI
200+ shareholders
Nomu
50+ shareholders
Operating Track Record
TASI
3 years
Nomu
1 year
Audited Financial Statements
TASI
3 years
Nomu
1 year
Trading Rules
| Criteria | TASI | Nomu |
|---|---|---|
| Daily Price Limit | +/-10% from close | +/-30% from close |
| Eligible Investors | All investors | Qualified investors only |
| Trading Hours | 10:00 - 15:00 | 10:00 - 15:00 |
| Trading Days | Sunday - Thursday | Sunday - Thursday |
| Settlement | T+2 | T+2 |
Daily Price Limit
TASI
+/-10% from close
Nomu
+/-30% from close
Eligible Investors
TASI
All investors
Nomu
Qualified investors only
Trading Hours
TASI
10:00 - 15:00
Nomu
10:00 - 15:00
Trading Days
TASI
Sunday - Thursday
Nomu
Sunday - Thursday
Settlement
TASI
T+2
Nomu
T+2
Investment Characteristics
| Criteria | TASI | Nomu |
|---|---|---|
| Liquidity Level | High | Low to moderate |
| Risk Level | Moderate | High |
| Growth Potential | Stable | High with greater risk |
| Cash Dividends | Common | Rare |
| Analyst Coverage | Extensive | Limited |
Liquidity Level
TASI
High
Nomu
Low to moderate
Risk Level
TASI
Moderate
Nomu
High
Growth Potential
TASI
Stable
Nomu
High with greater risk
Cash Dividends
TASI
Common
Nomu
Rare
Analyst Coverage
TASI
Extensive
Nomu
Limited
Which Market Is Right for You?
TASI is right for you if...
- You seek relative stability and high liquidity
- You prefer long-term investing with cash dividends
- You are a beginner or intermediate-level investor
- You want extensive analyst coverage and greater transparency
Nomu is right for you if...
- You are a qualified investor (SAR 1M+ portfolio or professional certifications)
- You can tolerate high risk and significant price volatility
- You are looking for startups with rapid growth potential
- You have sufficient experience analyzing small-cap companies
In-Depth Analysis: Choosing the Right Market for Your Portfolio
Choosing between the main market TASI and the parallel market Nomu is one of the most important decisions an investor faces in the Saudi market. Each market serves a different segment of investors and offers distinct opportunities and risks.
The Role of Blue-Chip Companies in TASI's Stability
TASI features major companies such as Saudi Aramco, Al Rajhi Bank, and SABIC that provide relative stability to the index due to their size and sector diversification. These companies pay regular cash dividends and benefit from extensive analyst coverage, making them a preferred choice for investors seeking income and stability.
Growth Opportunities in the Parallel Market
In contrast, Nomu offers investment opportunities in emerging companies that may be in early growth stages. Some of these companies have achieved exceptional returns over short periods, but the risks remain significantly higher. The daily price limit of 30% (compared to 10% on TASI) means sharp price swings that can work for or against you. To follow daily market movements, check the Tadawul Today page and learn about trading hours that apply to both markets.
Important Notice: This comparison is for educational purposes only and does not constitute a recommendation to invest in either market. Stock investing involves risk of capital loss, especially in the Nomu parallel market. Please study the risks carefully and consult a licensed financial advisor before making any investment decisions.
TASI vs Nomu FAQ
What is the main difference between TASI and Nomu?
The main difference is that TASI is the main market for large and mid-cap companies, open to all investors, while Nomu is the parallel market for small and emerging companies, restricted to qualified investors only. The daily price limit on TASI is 10% versus 30% on Nomu, and TASI requires a minimum market cap of SAR 300 million compared to only SAR 10 million for Nomu.
Which is better for investing: TASI or Nomu?
There is no one-size-fits-all answer. TASI is suitable for investors seeking stability, liquidity, and cash dividends from blue-chip companies. Nomu is suitable for qualified investors who can tolerate higher risk and are looking for rapid growth opportunities in emerging companies. It is always advisable to diversify your portfolio and consult a licensed financial advisor.
Can I trade in both markets (TASI and Nomu)?
Trading on TASI is available to all registered investors on Tadawul. Trading on Nomu requires special qualification: you must own a portfolio of at least SAR 1 million or hold recognized professional certifications in securities. If you qualify, you can trade in both markets from a single trading account.
Can a company on Nomu transfer to TASI?
Yes, companies listed on Nomu can upgrade to the main market (TASI) after meeting all TASI listing requirements. Several companies have successfully transitioned from Nomu to TASI after their businesses grew and they met the minimum market capitalization and shareholder count requirements.
Are Nomu stocks included in the TASI index?
No, Nomu parallel market stocks are not included in the TASI (Tadawul All Share Index), which measures only the main market performance. Nomu has its own separate index. Therefore, when tracking the TASI index, you are seeing only the performance of large and mid-cap companies listed on the main market.