The Saudi Stock Exchange's main index (TASI) closed significantly higher today, extending its gains into positive territory. The index rose by 135.69 points to close at 10,745.45 points . The session witnessed strong buying activity, reflected in trading volumes of approximately SAR 5.1 billion , indicating optimism among traders and investors in the financial market.
Market performance and liquidity movement
According to the Saudi Press Agency's daily economic bulletin, the market witnessed a significant trading volume of 261 million shares . The market was generally positive, with 216 companies gains in their market capitalization, representing the vast majority of listed companies, while only 42 companies experienced declines. This substantial increase in the share prices of rising companies indicates the influx of new liquidity and investment concentrations across multiple sectors.
The most active and influential companies
Shares of companies such as Al-Asmak, Naseej, Dar Al-Arkan, Al-Waha, and Al-Amar topped the list of gainers, generating strong profits for shareholders. Conversely, shares of companies such as Al-Masar Al-Shamel, Paper Manufacturing, Tasheel, Luberef, and Extra were among the biggest losers, with market fluctuations ranging between a 9.98% increase and a 4.36% decrease.
In terms of trading activity, shares of companies such as Exports, Americana, BATC, Saudi Aramco, and the Saudi Chemical Company were the most actively traded by volume. However, in terms of monetary value, leading companies captured the lion's share of liquidity, with Al Rajhi Bank, Ma'aden, SABIC, Saudi Aramco, and Alinma Bank topping the list. This underscores the role of the banking, petrochemical, and energy sectors in driving the general index.
Economic context and the importance of the Saudi market
This rise comes amid the growing prominence of the Saudi stock market as the largest in the Middle East and North Africa. The market plays a pivotal role in achieving the goals of Saudi Vision 2030 , particularly through the Financial Sector Development Program, which aims to diversify revenue streams and attract foreign investment. The index's stability above 10,700 points provides positive technical signals to investors regarding the strength of the Saudi economy and the ability of listed companies to achieve growth despite global economic challenges.
The activity of leading companies such as Aramco, SABIC and Al Rajhi also reflects the market’s close link to global energy prices and the strength of the Saudi banking sector, two key pillars that support confidence in the local market.
Parallel market performance (growth)
In contrast, the Saudi parallel market index (Nomu) showed mixed performance compared to the main market, closing down 31.80 points at 23,586.94 points . Trading volume in the parallel market reached approximately SAR 23 million, with over two million shares traded, highlighting the volatility that emerging and parallel markets can experience compared to the more stable main market.
