The Saudi Stock Exchange (TASI) witnessed an exceptional performance at the close of trading today, with the general index surging 185 points, a 1.7% increase, to close at 11,134 points. This is the highest closing level for the index in nearly two and a half months, reflecting a prevailing sense of optimism among traders and investors in the Saudi financial market.
The session witnessed significant liquidity, with total trading value reaching approximately SAR 6.8 billion, a healthy level that reinforces investor confidence in the market's strength. The index opened at 10,966 points, hitting a session low of 10,964 points, before reversing sharply and closing higher.
Market performance since the beginning of 2026
This rise reinforces the market's annual gains. With today's increase, the index's gains since the beginning of 2026 have reached more than 640 points, with a growth rate exceeding 6.1% compared to the 2025 closing. This continued positive performance indicates the attractiveness of the Saudi market as a major investment destination in the region, supported by ongoing economic reforms and the strength of leading companies.
Leading sectors and top performing companies
Leading stocks played a pivotal role in this rally, with Al Rajhi Bank, the index's largest constituent, rising 3% to close at SAR 105.90. Saudi Aramco, the energy giant, also saw its shares climb 1% to roughly the same price. Saudi German Bank topped the list of gainers, hitting the maximum daily limit of 10% and closing at SAR 36.30, amid active trading exceeding 3.3 million shares.
The strong gains also included diverse sectors such as insurance, technology and utilities, with shares of Bupa Arabia, Al-Khorayef, Derayah, Tadawul Group, Al-Othaim Markets, Al-Taawuniyah, Rasen and ACWA Power recording gains ranging between 4% and 8%, reflecting the comprehensiveness of the rise across different market sectors.
Profit-taking in Al-Drees stock
Conversely, Al-Drees shares bucked the market trend, declining by 4% to close at SAR 121.80, amid heavy trading volume of nearly SAR 200 million. This decline follows the company's announcement of its Q4 2025 financial results and dividend distribution, indicating a normal profit-taking correction that typically occurs after positive corporate announcements.
