The Saudi stock market fell at its fastest pace in about a week, pressured by most companies, led by banks. The TASI index closed at 10,699 points, down 0.4%.

The close is about 3% below the 200-day average, and 9.2% below its yearly high, compared to a 5% gain from the yearly low.

Wed, 15 2026

TASI

The market shows some consolidation

The market has shown some consolidation since the start of the week, as it did not record lower or higher levels today than those achieved in the previous two sessions, along with 95 companies rising by the end of today's trading compared to 78 in the previous session.

Thu, 16 2026

Pressure from the banking sector

The pressure came mainly from the banking sector. Although most banks performed better than average expectations, the market focused on profit quality rather than earnings growth, especially with rising provisions and slowing loan portfolios.

Sun, 19 2026

Trading value rises 13%

Trading value rose 13% to 4.5 billion riyals. Today's trading exceeded the 21-day average by about 13%. Banks are absorbing liquidity and pressuring the index.