TASI posts biggest one-day gain since 2020 on easing of foreign ownership cap
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) surged 5.1%, or 550 points, to close at 11,426 points on Sept. 24, marking its highest level since May 2025.
Total turnover reached nearly SAR 14.5 billion.
The rally marked TASI’s biggest percentage gain since March 2020, when it surged 7.1%, and its steepest points increase since 2014, when it rose about 682 points.
Bloomberg reported, on Sept. 23, that the Capital Market Authority was considering allowing foreign investors to own majority stakes in listed companies.
With today’s rise, TASI extended its winning streak to six sessions, adding nearly 1,000 points, or almost 10%.
Market Index
Most of the traded stocks rose, led by Al Rajhi Bank, Saudi National Bank, Alinma Bank, Dar Al Arkan, Bank Albilad, Tadawul Group, SIIG, Sipchem, Makkah Construction, Derayah, and Mobily, all jumping nearly 10%.
BSF, Bank AlJazira, Riyad Bank, Bahri, and Elm rose by between 6% and 9%.
Saudi Aramco gained less than 1% to close at SAR 25.06, with approximately 26 million shares traded.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| ALRAJHI | 102.80 | 9.30 | 9.95 % | - |
| SABIC | 62.80 | 1.50 | 2.45 % | - |
| SADAFCO | 278.60 | 14.60 | 5.53 % | - |
| BURUJ | 16.08 | 0.35 | 2.23 % | - |
| MEDGULF | 16.82 | 0.37 | 2.25 % | - |
| SNB | 38.00 | 3.44 | 9.95 % | - |
| SAUDI ARAMCO | 25.06 | 0.11 | 0.44 % | - |
| ACWA POWER | 220.80 | 7.80 | 3.66 % | - |
| ELM | 942.00 | 58.00 | 6.56 % | - |
In contrast, MBC Group, Riyadh Cables, Malath Insurance, Retal, and Amlak declined between 1% and 2%.
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| ALINMA | 27.96 | 9.99 % | 11.31 | |
| DAR ALARKAN | 17.73 | 9.99 % | 20.43 | |
| GASCO | 79.50 | 9.96 % | 26.16 | |
| ALBILAD | 29.82 | 9.96 % | 15.12 | |
| TADAWUL GROUP | 197.70 | 9.96 % | 50.13 | |
| SNB | 38.00 | 9.95 % | 9.88 | |
| SIPCHEM | 20.22 | 9.95 % | 99.33 | |
| ALRAJHI | 102.80 | 9.95 % | 18.13 | |
| MCDC | 82.95 | 9.94 % | 36.96 | |
| DERAYAH | 29.44 | 9.93 % | 17.13 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| YAQEEN 30 ETF | 2,138.00 | 57,311.00 | 2,580.59 % |
| SABI QUANT ETF | 826.00 | 16,419.00 | 1,887.77 % |
| YAQEEN PETROCHEMICAL ETF | 5,202.00 | 76,164.00 | 1,364.13 % |
| MALATH INSURANCE | 196,239.00 | 1,929,313.00 | 883.14 % |
| ALKHABEER REIT | 136,131.00 | 1,338,198.00 | 883.02 % |
| SAPTCO | 421,129.00 | 3,873,290.00 | 819.74 % |
| BJAZ | 3,052,912.00 | 26,383,790.00 | 764.22 % |
| ALINMA | 5,464,101.00 | 44,220,909.00 | 709.30 % |
| BSF | 2,180,297.00 | 17,403,040.00 | 698.20 % |
| SAIB | 512,403.00 | 3,920,663.00 | 665.15 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
| Company | Price | Change 52 Weeks |
|---|---|---|
| SAUDI CABLE | 157.00 | 90.30 % |
| ABO MOATI | 44.14 | 51.94 % |
| EIC | 10.03 | 41.87 % |
| ALBILAD GOLD ETF | 19.82 | 40.57 % |
| MAADEN | 61.70 | 40.23 % |
| ETIHAD ETISALAT | 68.10 | 29.71 % |
| ANB | 24.36 | 24.03 % |
| BAHRI | 26.84 | 17.53 % |
| ALRAJHI | 102.80 | 14.35 % |
| JARIR | 13.91 | 5.70 % |
| SNB | 38.00 | 5.56 % |
| CENOMI CENTERS | 22.94 | 3.24 % |
| TASNEE | 11.37 | 0.44 % |
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Calendar
| Company | Event |
|---|---|
| A.OTHAIM MARKET | Conferences |
| DERAYAH REIT | Cash Dividend Distribution |
| ALMOOSA | Cash Dividend Distribution |
| CHERRY | Surplus refund date |
| ALMASAR ALSHAMIL | IPO/ Subscription |
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
63.69
(1.20)
(1.85 %)
Nymex
59.44
(1.30)
(2.14 %)
Natural Gas
4.55
0.18
4.09 %
Gold
4,082.80
16.30
0.40 %
Silver
50.85
0.33
0.66 %
High Grade Copper
5.02
0.04
0.90 %
Iron Ore
104.31
(0.11)
(0.11 %)
Aluminum
2,768.50
39.75
1.45 %
LEAD
2,014.50
(11.00)
(0.54 %)
Zinc
2,990.00
(0.50)
(0.02 %)
Steel
912.00
1.00
0.11 %
Wheat (CBOT)
549.50
(9.20)
(1.65 %)
Corn (CBOT)
441.50
(8.00)
(1.78 %)
Coffee (ICEUS)
374.85
(12.85)
(3.34 %)
Whole Milk Powder
4,025.00
(125.00)
(3.11 %)
Skim Milk Powder
2,425.00
(75.00)
(3.09 %)
Refining margins
22.65
3.35
17.36 %
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