Saudi Market Discussions for Thursday, July 23, 2026

The Saudi market closed Wednesday's session higher, with the TASI index rising 0.7% to 10775 points (+77 points), and trading value reached about 3.8 billion riyals. Investors are awaiting the announcement of second-quarter results for listed companies, with the deadline for their announcement ending on August 11, 2026. Globally, the Dow Jones Industrial Average fell 0.01% (6 points) to 52218 points, while Brent crude oil futures for September delivery rose 3.36% (+$3.06) to $94.07 per barrel.

This performance comes amid market anticipation of companies' second-quarter results announcements, which reflect the performance of the Saudi economy.

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Second-quarter results are an important indicator of corporate performance under current economic policies. The Saudi market is closely linked to oil prices, as rising crude supports the budget and confidence. Also, movements in global markets, especially Wall Street, affect local investor sentiment. The upcoming sessions are expected to see volatility as the announcement date approaches.