Business · Markets · 2 hrs ago
Saudi TASI closes just above 10,000 after falling 0.8%
Saudi Arabia’s TASI index fell 0.8% to close at 10,017, after dipping to 9,985 during the session.
The index tracks shares listed on the Saudi stock market, and the 10,000-point level is now a key threshold for investors.
Banks and telecom companies drove the decline, even though 129 companies rose and 113 fell.
Their losses mattered more because large companies have greater influence on the index.
Trading value dropped 34% to 2.74 billion riyals, showing less activity than in the previous session.
The broader trend remains weak: about 89% of active companies traded below their 200-day average, a measure of longer-term share prices.
Investors will watch whether TASI holds above 10,000 and whether trading activity improves in coming sessions.
Saudi Arabia’s Tadawul All Share Index (TASI) fell 0.8% to close at 10,017 points.
The index dropped to 9,985 during trading before recovering to finish above 10,000.
Banks and telecommunications shares led the decline, despite more companies rising than falling.
Trading value fell 34% from the previous session to 2.74 billion riyals.
The report said 225 companies, about 89% of active companies, traded below their 200-day average.
- Who
- Saudi Arabia’s Tadawul All Share Index (TASI), with banks and telecommunications shares weighing on it.
- What
- TASI fell 0.8% and closed at 10,017 points, just above 10,000.
- When
- Sunday’s trading session; the article was published on 2026-11-08.
- Where
- Saudi Arabia’s stock market.
- Why
- Declines in banks and telecommunications shares weighed on the index.
This story does not have two clearly opposing sides.
TASI rose 0.6%.
TASI fell 0.8%, touching 9,985 points before closing at 10,017.
- Closing level
- 10,017 points
- Daily change
- Down 0.8%
- Intraday low
- 9,985 points
- Trading value
- 2.74 billion riyals, down 34%
- Companies below 200-day average
- 225, or about 89% of active companies