Detailed Index Methodology document is available here: | Restricted shares shares that are not allowed to be traded during a period |
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Capping Factor Capping Factor is a derived factor used to reduce the Free Float Market Cap of equities in an index so that the weights of all index constituents remain under a set capping threshold, and it is applied at the constituent level | Changes in the numbers of free float shares |
Indices Maintenance Tadawul maintains indices at the end of each quarter to update the following: 1.
30The capped index is used to prevent any single security from having a dominating influence on an index | |
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Uncapped Indices Calculation Methodology The Industry Group indices are calculated by multiplying the index value of the previous day by the change in the free float market capitalization of all index constituents |
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