Direct Answer
The Nomu Parallel Market Capped Index is a rule-based measurement of equities listed on the Nomu Parallel Market of the Saudi Exchange, subject to a constituent weight cap, maintained by Saudi Exchange (Tadawul). Like every index it owns nothing: it is a number produced by applying a published weighting formula to a selected list of securities, revised on a schedule the provider sets.
What this index covers
The Nomu Parallel Market Capped Index covers equities listed on the Nomu Parallel Market of the Saudi Exchange, subject to a constituent weight cap. Saudi Exchange (Tadawul) defines which securities are eligible, how they are selected from that pool, and how much each one contributes to the published number.
The methodology document, published by Saudi Exchange (Tadawul), sets the rules for inclusion and removal. Corporate actions, index reviews, and eligibility changes all move the constituent list on the timetable the provider specifies.
How constituents are weighted
Swoopr has not verified the weighting method for this index against Saudi Exchange (Tadawul)'s current methodology document, so none is stated here rather than guessed. The provider link below is authoritative.
Current Nomu Parallel Market Capped Index constituents
Saudi Exchange (Tadawul) publishes and licenses the Nomu Parallel Market Capped Index constituent list. Swoopr does not republish it here. The provider's own page is the authoritative source for current membership and weights.
Saudi Exchange (Tadawul): official Nomu Parallel Market Capped Index page
Related reading
- All stock market indexes: how indexes are built, weighted and revised.
- Middle East indexes: others covering the same region.
- Index concentration: measuring how much of an index sits in its largest holdings.
- Index rebalancing and inclusion effects: what happens to a stock when index membership changes.
Frequently Asked Questions
Who maintains the Nomu Parallel Market Capped Index?
Saudi Exchange (Tadawul) maintains the Nomu Parallel Market Capped Index and publishes the methodology document that defines its eligibility and weighting rules.
What does the Nomu Parallel Market Capped Index measure?
It measures equities listed on the Nomu Parallel Market of the Saudi Exchange, subject to a constituent weight cap. The index is a calculated number applying a weighting formula to a selected list of securities, and it holds nothing itself.
Where can I see the current Nomu Parallel Market Capped Index constituents?
Saudi Exchange (Tadawul) publishes the current constituent list. Swoopr does not republish it, because index providers license constituent data and Swoopr holds no such licence.