The Saudi Stock Exchange's main index (TASI) closed Tuesday's trading session on a clear positive note, recording a notable increase of 1.4% to close at 10,893 points. The session witnessed active buying that boosted the index's gains, with total trading value reaching approximately 6 billion Saudi riyals, reflecting a return of investment appetite among traders in the market.
According to data released by the Saudi Stock Exchange (Tadawul), the volume of shares traded during the session reached approximately 279.6 million shares, distributed across various listed sectors. The total market capitalization of Saudi stocks remained stable at a substantial level of approximately 9 trillion riyals, underscoring the depth and strength of the Saudi financial market compared to other emerging and global markets.
Economic context and leading regional position
This positive performance of the Saudi stock market comes within a broader economic context, reflecting the success of the structural reforms underway in the Kingdom as part of Vision 2030. The Saudi Stock Exchange (Tadawul) is the largest stock market in the Middle East and North Africa region and plays a pivotal role in attracting foreign and domestic investment. The index's stability above key support levels and the high liquidity are healthy indicators of investor confidence in the performance of leading companies and the private sector in general.
From an economic perspective, the index's strong performance sends positive signals to neighboring GCC markets, where the Tadawul All Share Index (TASI) often leads the region's overall trend. Furthermore, the diversity of companies rising indicates that liquidity is not concentrated solely in the energy and banking sectors, but extends to other vital sectors such as insurance, retail, and real estate development.
Corporate performance: Winners and losers
Regarding the performance of companies listed on the main market, the session witnessed a mixed performance with a clear upward trend, as the shares of 144 companies rose by the end of trading, while the shares of 107 companies declined, out of a total of 266 listed companies.
Shares of Al Waha, Chubb, Abu Moati, Al Taameer, and Al Arabiya topped the list of gainers, benefiting from increased demand and positive results in some sectors. Conversely, shares of Naseej, Thimar, Ata’a, Maharah, and Aseeg were among the biggest losers, impacted by normal profit-taking or company-specific factors.
The parallel market (growth) continues to rise
In a related development, the parallel market (Nomu) also joined the positive trend, with its index closing today up 0.3% at 23,668 points. Trading volume in this promising market reached approximately SAR 22.3 million, with nearly 2.9 million shares traded.
The market capitalization of companies listed on Nomu reached approximately SAR 42.4 billion. Shares of 44 companies rose by the end of the session, while shares of 34 companies declined out of a total of 127 listed companies, reflecting active trading in the small and medium-sized enterprises (SMEs) sector, which forms the backbone of the national economy's future growth.
