The Saudi stock market index “TASI” recorded a remarkable performance during mid-week trading, as it succeeded in breaking through the important psychological and technical resistance barrier at 11,000 points, in a first of its kind since November 2025. This rise reflects the optimism prevailing among traders and investors in the Saudi financial market.
Trading session details and record numbers
According to data from the Saudi Stock Exchange (Tadawul), the session saw positive fluctuations, with the general index opening at 10,912 points before gaining buying momentum that propelled it to a high of 11,006 points by 1:05 PM Riyadh time. Although the index pared some of its gains to return to 10,890 points by 2:10 PM, breaking through the new 100-point barrier represents a significant technical signal for analysts.
Liquidity and active trading volume
The positive performance wasn't limited to points; it was accompanied by a noticeable increase in liquidity. Trading volume reached approximately SAR 5.4 billion by midday, distributed across some 302 million shares. The rise in trading values, coinciding with the index's upward trend, indicates an influx of new capital, bolstering investor confidence in the market's strength and its ability to absorb cash flows.
Economic context and the Kingdom's Vision 2030
This surge cannot be viewed in isolation from the broader economic context of Saudi Arabia. The Saudi Stock Exchange (Tadawul) is the largest financial market in the Middle East and North Africa region, and it reflects the successes of the Kingdom's Vision 2030 programs, particularly the Financial Sector Development Program. These programs aim to diversify income sources and reduce dependence on oil, which is positively impacting the performance of listed companies across various sectors, including banking, petrochemicals, telecommunications, and technology.
Impact of foreign investment and market depth
The report noted that the consecutive increases since the beginning of the year coincided with announcements opening the market to all categories of foreign investors. This step is a cornerstone of the financial market's strategy, as the entry of foreign investors and international financial institutions contributes to increasing market depth, raising the level of transparency and governance, and enhancing the weight of the Saudi market in global emerging market indices such as MSCI and FTSE Russell.
In conclusion, analysts are awaiting the upcoming market closes to confirm stability above the new support levels, which could open the door to new upward waves targeting historical levels, supported by the Kingdom’s strong economic fundamentals and the financial results of leading companies.
