Saudi stocks plunge to lowest close since April 2021
RIYADH —Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed Tuesday’s session down 1.7 percent, shedding 172 points to settle at 9,952 points. This marked its lowest closing level since April 2021, with total trading turnover reaching approximately SR3.8 billion.During the session, the index fluctuated between a low of 9,941 points and a high of 10,116 points. Its losses since the…
Riyadh - The Saudi Tadawul All Share Index (TASI) plunged 1.7 percent on Tuesday, reaching its lowest closing point since April 2021 at 9,952 points. The index experienced a trading volume of around SR3.8 billion. Throughout the session, the index oscillated between a low of 9,941 points and a high of 10,116 points. Since the beginning of the year, the TASI has dropped by approximately 540 points, representing a decline of 5.1 percent.
Several prominent stocks faced significant selling pressure. Saudi Aramco shares dropped by one percent to SR25.48, while Al Rajhi Bank shares also declined by one percent to SR60.15. Etihad Etisalat, BSF, and Al Yamamah Cement shares experienced losses ranging from one percent to 3 percent. Yanbu National Petrochemical Company (Yansab) saw the steepest fall, plummeting 7 percent.
SABIC Agri-Nutrients and Bank Albilad each saw a 3 percent decrease, closing at SR109.80 and SR21.47, respectively, after releasing their Q3 2026 financial results. Tihama experienced the greatest decline, falling by 8 percent, while Azm led the gains with a 4 percent increase.
Written by urgent.news from Saudi Gazette's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
