Business · Markets · 1 day ago
Saudi stocks rise for a second week as gains narrow and trading slows
Saudi Arabia’s TASI index rose for a second week, closing at 10,095 points, up 1.75%.
The gains followed eight straight weeks of losses, the longest such run since 1994.
Lower government and US bond yields eased pressure on share valuations, while reported third-quarter profits also improved.
But earnings growth was uneven: 85 companies reported higher profits, 62 reported lower profits and 34 recorded losses.
The rally also narrowed, with 116 stocks rising and 133 falling, while weekly trading value dropped 28% to 18.8 billion riyals.
This means the index’s rise has not yet confirmed a lasting recovery, as gains depended more on large companies and fewer shares advanced.
More company results were due by the November 11 disclosure deadline, which could give investors a fuller picture of how widely profits are growing.
Saudi stocks rose for a second consecutive week, with the Tadawul All Share Index gaining 1.75% to close at 10,095 points.
The rise followed eight straight weeks of losses, the longest weekly losing streak since 1994.
Falling bond yields and stronger reported company earnings supported the recovery, but the market’s direction remains uncertain.
Gains narrowed, with 116 companies rising and 133 falling, while weekly trading value dropped 28% to 18.8 billion riyals.
- Who
- Saudi-listed companies and investors in the Saudi stock market.
- What
- The Tadawul All Share Index rose 1.75% for a second consecutive week, while market breadth and trading activity weakened.
- When
- The week reported on November 7, 2026.
- Where
- The Saudi stock market.
- Why
- Falling debt yields and improved company results supported the rise. The sources say the recovery has not yet settled the market’s direction.
This story does not have two clearly opposing sides.
The market had its longest run of weekly declines since 1994.
The yield on 10-year Saudi government debt was 6.15%.
The yield on 10-year US Treasury bonds was 4.94%.
The Tadawul All Share Index rose 1.75% to 10,095 points, while trading value fell 28% to 18.8 billion riyals.
The disclosure deadline for company financial results was due to end.
- Tadawul All Share Index
- Closed at 10,095 points, up 1.75% for the week
- Two-week gain
- 4.1%
- Weekly trading value
- 18.8 billion riyals, down 28%
- Companies with rising shares
- 116, compared with 133 that fell and three unchanged
- Third-quarter reported profits
- 185 billion riyals across 181 companies, up 35% year on year