TASI drops 4.06% this week
The Saudi stock market experienced a sharp decline during the week ending October 22, 2026, with the Tadawul All Share Index (TASI) losing 4.06% of its value, down by 410.68 points to reach 9,695.86 points. Market capitalization decreased by 114.59 billion riyals, totaling 8.916 trillion riyals. All sectors suffered losses except for the energy sector, which saw a slight increase of 0.32%, supported by the steady performance of Aramco shares, which rose by 0.47% to 25.40 riyals. Selling pressures and a decline in liquidity continued to drive the negative performance, with key support levels broken. It is expected that the market will improve once liquidity from institutions and investors returns, especially amid ongoing geopolitical tensions.
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