Business · Markets · 10 hrs ago
Saudi Stock Market Index Closes at Lowest Level in More Than Five Years
Saudi Arabia’s main stock index, TASI, closed at its lowest level in more than five years.
The index ended Tuesday’s trading at 9,952.06 points, down 1.69%, or about 172 points.
TASI tracks shares traded on the Saudi stock market.
The fall came as 33 companies and real estate funds hit their lowest levels on record.
The list included Flynas, MBC, Jahez and several real estate investment funds.
These figures show that the decline reached a wide range of listed businesses and funds.
No further market developments or next steps were provided.
Saudi Arabia’s benchmark Tadawul All Share Index closed at its lowest level since April 2021.
The TASI fell about 1.7 percent on Tuesday to 9,952 points, losing around 172 points.
Trading turnover was about 3.8 billion Saudi riyals, while declines spread across much of the market.
Okaz reported that 33 companies and real estate funds reached historical lows during the session.
Al Eqtisadiah cited weak market liquidity and competition from high fixed-income returns among factors weighing on shares.
- Who
- Saudi Arabia’s benchmark Tadawul All Share Index (TASI) and stocks listed on the Saudi market.
- What
- TASI fell about 1.7 percent to around 9,952 points, its lowest close since April 2021.
- When
- Tuesday, October 20, 2026.
- Where
- Saudi Arabia’s stock market.
- Why
- Al Eqtisadiah pointed to weak available liquidity and high returns on fixed-income instruments as pressures on shares.
This story does not have two clearly opposing sides.
TASI had lost about 540 points, or 5.1 percent, according to Saudi Gazette.
TASI fell 0.7 percent in the previous session, according to Al Eqtisadiah.
TASI dropped about 1.7 percent and closed at around 9,952 points, its lowest close since April 2021.
Thirty-three companies and real estate funds recorded historical lows during the session, according to Okaz.
- Closing level
- 9,952 points; Okaz reported 9,952.06
- Daily change
- Down about 1.7 percent, or around 172 points
- Previous lowest close
- April 2021
- Trading turnover
- About SR3.8 billion
- Historical lows
- 33 companies and real estate funds
- 10-year government debt yield
- About 6 percent, according to Al Eqtisadiah