Iyad Ghulam, Head of Equity Research at SNB Capital
The Nomu-Parallel Market rose by more than 15% year-to-date, driven by high-growth listed companies, said Iyad Ghulam, Head of Equity Research at SNB Capital. 
In an interview with Argaam, on the sidelines of SNB Capital’s Investors Day, he added that Nomu includes small and medium-sized companies operating in various economic sectors, indicating that this has positively impacted its performance, compared to the Main Market, which is still below its previous levels.
He said that the new and qualitative listings on Nomu have drawn increasing interest from investors, thus boosting the market liquidity to nearly SAR 60 million, compared to lower levels in previous years.
The official also highlighted the diversity of economic opportunities offered by Nomu-listed companies, which are not available to the same extent in TASI, which increases investors’ presence in the market.
Furthermore, the Nomu market includes companies from various sectors, including technology, real estate and industry, which provides multiple investment opportunities and distinctive success stories, said Ghulam, stressing that investors should be more careful in studying the performance of small-cap companies due to their high risks.
He also pointed out that the presence of accurate disclosures and information is key to help investors make their decisions, as this fuels their desire to be present in the market, boosts trading and the transition to the Main Market. “Better disclosure helps all parties, whether companies or investors,” he stated.
Iyad Ghulam, Head of Equity Research at SNB Capital
The Nomu-Parallel Market rose by more than 15% year-to-date, driven by high-growth listed companies, said Iyad Ghulam, Head of Equity Research at SNB Capital.
In an interview with Argaam, on the sidelines of SNB Capital’s Investors Day, he added that Nomu includes small and medium-sized companies operating in various economic sectors, indicating that this has positively impacted its performance, compared to the Main Market, which is still below its previous levels.
He said that the new and qualitative listings on Nomu have drawn increasing interest from investors, thus boosting the market liquidity to nearly SAR 60 million, compared to lower levels in previous years.
The official also highlighted the diversity of economic opportunities offered by Nomu-listed companies, which are not available to the same extent in TASI, which increases investors’ presence in the market.
Furthermore, the Nomu market includes companies from various sectors, including technology, real estate and industry, which provides multiple investment opportunities and distinctive success stories, said Ghulam, stressing that investors should be more careful in studying the performance of small-cap companies due to their high risks.
He also pointed out that the presence of accurate disclosures and information is key to help investors make their decisions, as this fuels their desire to be present in the market, boosts trading and the transition to the Main Market. “Better disclosure helps all parties, whether companies or investors,” he stated.
