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الاقتصادية
Saudi stocks fall most in 5 weeks
Saudi Arabian stocks experienced a significant decline during the trading session on September 2, 2026. The Tadawul All Share Index (TASI) dropped by 0.8% to reach 11,012 points, marking the largest daily loss in five weeks. The market declined amid widespread pressures, with 194 companies falling, compared to 63 companies gaining, and 18 sectors declining, indicating broad market pressure. Led by the banking sector, which fell by 0.9%, Al Rajhi Bank and NCB topped the list of most influential stocks on the index, accounting for 47% of the losses. These declines caused the market valuation to soften, with the price-to-earnings ratio reaching 14.4 times. Despite expectations of stable future earnings, the market still lacks strong catalysts to offset its losses, as there have been no upgrades to earnings forecasts.
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