The Saudi stock market continued its strong upward trend today, achieving notable gains that returned the general index to the stability levels it had reached before the recent wave of geopolitical tensions in the region. The main stock index (TASI) closed up 1.28% , driven primarily by the positive performance of the energy sector, led by the global oil giant Saudi Aramco.
Aramco and oil prices: The main driver of the market
This strong rise in the index was directly supported by the price surge achieved by Aramco shares, which climbed by more than 1.7% . This rise reflects the close correlation between the performance of the Saudi stock market and global oil price movements, which have witnessed a notable recovery that has boosted investor confidence. These gains are considered evidence of the strength of the market's leading companies and their ability to steer the index into positive territory and overcome the volatility of global and regional markets.
Exceptional performance for listed companies
Today's session witnessed strong liquidity and trading activity, with approximately 54.95 million . The market was overwhelmingly positive across the vast majority of sectors, with 252 companies gains in their market capitalization, reflecting a general sense of optimism among traders. Conversely, declines were very limited, with only 9 out of 268 traded companies experiencing a drop in their share prices, further confirming the broad scope of the recovery.
Most actively traded and highest-performing stocks
Petrochemical, insurance, and services stocks led the gainers, with Petro Rabigh topping the list, followed by MIS, Naseej, Printing & Packaging, and Dallah Healthcare, with increases ranging from 6.2% to 9.97% . These figures reflect a renewed appetite for both speculative and institutional investment.
In terms of liquidity and activity, major companies attracted investor attention, with Saudi Aramco, Americana, and Saudi Kayan being the most active in terms of volume. In terms of value, liquidity was concentrated in dividend-paying and leading stocks such as Al Rajhi, SABIC Agri-Nutrients, and SABIC, indicating a focus of investment portfolios on financially sound stocks.
Signs of economic recovery
This surge should be viewed within a broader context, reflecting the confidence of both local and foreign investors in the Saudi economy. The market's ability to absorb geopolitical news (such as tensions related to Iran) and quickly rebound underscores its depth and resilience. Furthermore, the market's rise coinciding with improved oil prices provides a significant boost to the economic outlook for the coming period, further enhancing the attractiveness of the Saudi financial market as a safe investment destination in the region.
