Business · Markets · 14 hrs ago
25 Saudi Companies and 7 REITs Hit Record Share-Price Lows
Shares in 25 companies and seven listed property funds hit record lows on Saudi Arabia’s TASI stock market on Wednesday.
The declines affected firms in transport, commercial services, cement, finance and real estate.
TASI is the Saudi stock market, where investors buy and sell shares and listed funds.
The source lists examples including Kimanol, Riyadh Cement, Flynas and several real estate investment trusts.
The new lows show how widely the sell-off reached across different types of businesses and funds.
The source gives no explanation for the declines or details of what may happen next.
Okaz reported that 25 Saudi-listed companies hit record share-price lows during Wednesday trading.
Its headline and Arabic list identify seven real estate investment trusts (REITs) that also hit record lows.
The article’s opening and English translation instead say five REITs, creating a discrepancy in the count.
The declines affected several sectors, including transport, commercial services, cement, finance and real estate.
- Who
- Shares of 25 companies and REITs listed on Saudi Arabia’s TASI stock market.
- What
- They recorded their lowest historical share prices. The article gives conflicting counts for the REITs: seven in its headline and Arabic list, but five in its opening and English translation.
- When
- Wednesday, during trading; the article was published on 14 October 2026.
- Where
- The Saudi stock market, known as TASI.
- Why
- Not stated
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Companies
- 25 reported at record share-price lows
- REIT count
- Seven in the headline and Arabic list; five in the opening and English translation
- Kimanol
- 23.62 riyals, according to the Arabic text
- Riyadh REIT
- 4.18 riyals
- Trading day
- Wednesday, 14 October 2026