TASI posts 1.21% weekly rise
The Saudi stock market experienced a 1.21% increase during the week ending August 20, 2026, gaining approximately 131 points to reach the Tadawul All Share Index (TASI) level of 10,954.46 points. The rise was driven by gains in 15 sectors, led by the basic materials, banking, and telecommunications sectors, while the insurance, trade services, and professional services sectors recorded declines. Additionally, the market capitalization of stocks increased by around 32 billion riyals, reaching a new total market value of 9.566 trillion riyals. Notably, Sinomi Retail and Redan were among the top-performing stocks, whereas Al Mukhaimy led the decline list. Weekly trading volumes and values decreased by 6.32% and 2.57%, respectively, as the market sought to stabilize its volatility amid positive performance in the public sector.
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