Saudi stock market rises: Index gains 164 points with billions in trading volume
The Saudi stock market witnessed a remarkable positive performance today, as the general index (TASI) ended its trading with a significant rise, strengthening its gains and recovering important price levels, amid a flow of cash liquidity that reflects investors’ confidence in the strength of the national economy and listed companies.
Market closing details and traded liquidity
The Saudi stock market's main index rose by 164.38 points , closing at 10,455.14 points . This increase was accompanied by significant buying and selling activity, with the total value of trades reaching approximately 6 billion riyals . According to the Saudi Press Agency's daily economic bulletin, the volume of shares traded exceeded 280 million, indicating widespread buying momentum.
This positive performance was reflected in a wide range of listed companies, with the shares of 212 companies recording an increase in their market value, while the declines were limited to the shares of only 49 companies, which shows the comprehensiveness of the rise across most sectors of the market.
Top performing and worst performing companies
Shares of research and media companies, Arabiya, Chubb, Al-Ahli, and Al-Wataniya topped the list of gainers, generating strong profits for shareholders. Conversely, shares of companies like Redan, Bahri, Shari, Al-Khorayef, and Printing & Packaging were among the biggest losers during today's trading. The percentage changes for these companies ranged between a gain of 7.83% and a loss of 3.54%.
Most active and influential leading stocks
In terms of trading volume, shares of Americana, BATC, Saudi Aramco, Saudi Export Development Company (SADR), and Al-Ahli Bank accounted for the largest share. However, in terms of value, liquidity was concentrated in the shares of major blue-chip companies, with Al Rajhi Bank, Al-Ahli Bank, Tadawul Group, Saudi Aramco, and Alinma Bank topping the list of most actively traded stocks by value. The activity of these leading companies, particularly in the banking and energy sectors, is a key driver of the general index's direction due to their significant weighting in the market.
Parallel market performance (growth)
In parallel with the main market, the Saudi parallel market index (Nomu) closed today up 164.26 points, reaching 23,491.86 points. Trading value in the parallel market reached approximately SAR 24 million, while the volume of shares traded exceeded two million, reflecting continued interest in investment opportunities in emerging and medium-sized companies.
Signs of the rise and importance of the Saudi financial market
This surge is particularly significant within the broader economic context, as the Saudi Stock Exchange (Tadawul) is the largest stock market in the Middle East and North Africa region. The exceeding of the SAR 6 billion mark in liquidity reflects a strong appetite for investment, supported by the Kingdom's economic stability and the structural reforms underway as part of Vision 2030.
The strong performance of the financial and banking sector, exemplified by the activity of Al Rajhi, Al Ahli, and Alinma shares, provides positive indicators of the resilience of the Saudi banking sector and its ability to support economic growth. Furthermore, Saudi Aramco shares remain a key pillar, lending the market international weight and attracting foreign investment, making the movements of the Saudi index a focus of attention for economic observers both locally and regionally.
