Business · Markets · 10 hrs ago
Saudi market index slips slightly as most stocks fall
Saudi Arabia’s TASI index closed down 0.07% at 9,876 points on November 3, despite gains in some major companies.
Shares in 176 companies fell, while 66 rose and 12 were unchanged.
A 0.23% rise in Saudi Aramco helped limit the index’s fall, adding about nine points.
Trading value fell 3.5% to 3.43 billion riyals, below its recent average.
Investors are watching third-quarter results from 153 companies still to report, with the announcement deadline on November 11.
Companies that have reported so far recorded combined profits of 183.61 billion riyals, up 36% from a year earlier, but Aramco accounted for about three-quarters of that total.
Share prices may respond to how results compare with forecasts, not just to whether profits rose from last year.
The next trading session will show how investors react to results released after the market closed, including reports from Marafiq and Yanbu Cement.
Saudi Arabia’s main Tadawul All Share Index, known as TASI, fell 0.07% to 9,876 points on Tuesday.
The index lost about seven points even as 69% of traded companies declined.
Saudi Aramco shares rose 0.23%, helping limit the index’s losses.
Trading was worth about 3.4 billion riyals, while investors awaited more third-quarter results.
- Who
- Saudi Arabia’s main stock market, measured by the TASI index.
- What
- The index fell 0.07% to 9,876 points, while most traded stocks declined.
- When
- Tuesday, November 3, 2026.
- Where
- Saudi Arabia.
- Why
- The sources report broad declines among shares, partly offset by gains in major companies including Saudi Aramco. They do not state a single cause for the market’s fall.
This story does not have two clearly opposing sides.
The TASI rose 0.45% to close at 9,883 points.
The TASI fell 0.07% to close at 9,876 points.
- TASI close
- 9,876 points
- TASI daily change
- Down 0.07%, or about 7 points
- Declining companies
- 176
- Rising companies
- 66
- Trading value
- About 3.4 billion riyals
- Saudi Aramco share change
- Up 0.23%