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TASI falls 0.16% amid market gains
During the week ending October 8, 2026, the Saudi stock market experienced a noticeable decline led by selling pressures. The Tadawul All Share Index (TASI) decreased by 0.16%, losing 16.69 points to close at 10,376.28 points. Despite this, the total market capitalization increased to 9.224 trillion Riyals, a rise of 101.2 billion Riyals, supported by positive performances in the energy and food sectors. The banking, media, and telecommunications sectors led the declines, while rising stocks performed strongly, particularly the Al-Hadeed and Bahar Arabs shares. Turnover value fell to 17.37 billion Riyals, with traded volumes decreasing by 6.27%. The Al Rajhi Bank stock maintained the highest liquidity activity, while Aramco saw an increase in its share price. Market stability is expected to be reinforced by corporate earnings for the third quarter and prevailing geopolitical conditions, with forecasts indicating that the index will regain support levels and performance will improve in the future.
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