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2026-08-17T07:37:33.346Z

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Tadawul Falls 0.35% at Open

Tadawul Falls 0.35% at Open

The main Saudi stock index (TASI) declined by 0.35% at the start of trading, primarily influenced by a 0.62% drop in the banking sector. Declining stocks totaled 153, while 92 others rose. Some stocks saw notable gains, such as Rayan, which increased by 10% to 17.60 riyals, and Mayna, which rose by 4.72% to 11.54 riyals. Conversely, Ma’adhir REIT hit its lowest level in 52 weeks, falling by 4.01%. Al Ahli Bank led the trading volume, despite a decrease of 0.62%. Trading value surged to 311 million riyals, with gains in sectors like media, entertainment, and commercial construction, even as the market continued its downward trend amid ongoing declines in the banking sector and leading stocks.

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