AI Summary
Tadawul trading screen
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) surged 5.1% today, Sept. 24 to 11,437 points, marking its strongest single-day gain since 2020. The index also posted its largest point increase in over a decade (nearly 550 points).
The market rally came after Bloomberg reported 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%.
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TASI's Biggest Rises since 2008 |
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|
Period |
Index Open |
Index Close |
Change (points) |
Change (%) |
|
Nov. 29, 2008 |
4424 |
4845 |
+421 |
+9.5% |
|
Oct. 13, 2008 |
5815 |
6365 |
+551 |
+9.5% |
|
Dec. 18, 2014 |
7639 |
8321 |
+682 |
+8.9% |
|
Aug. 25, 2015 |
7025 |
7543 |
+518 |
+7.4% |
|
Oct. 14, 2008 |
6365 |
6829 |
+464 |
+7.3% |
|
March 5, 2011 |
5323 |
5710 |
+387 |
+7.3% |
|
March 10, 2020 |
6316 |
6762 |
+447 |
+7.1% |
|
Sept. 28, 2008 |
6993 |
7459 |
+465 |
+6.7% |
|
Nov. 24, 2008 |
4265 |
4529 |
+265 |
+6.2% |
|
Nov. 1, 2008 |
5538 |
5871 |
+333 |
+6.0% |
|
April 7, 2007 |
7716 |
8140 |
+424 |
+5.5% |
|
June 21, 2017 |
6953 |
7335 |
+382 |
+5.5% |
|
May 29, 2010 |
5862 |
6176 |
+314 |
+5.4% |
|
Oct. 28, 2008 |
5339 |
5622 |
+283 |
+5.3% |
|
April 4, 2009 |
4717 |
4966 |
+249 |
+5.3% |
|
Aug. 23, 2008 |
8464 |
8902 |
+438 |
+5.2% |
|
Sept. 24, 2025 |
10876 |
11426 |
+550 |
+5.1% |
|
Jan. 24, 2009 |
4557 |
4787 |
+230 |
+5.0% |
|
Jan. 5, 2008 |
10722 |
11260 |
+538 |
+5.0% |
With 971,000 transactions completed today, the number of transactions reached its highest level since 2008.
|
TASI's Largest Daily Transactions since 2008 |
|
|
Period |
Number of Deals (‘000) |
|
Sept. 24, 2025 |
970.63 |
|
March 22, 2008 |
931.21 |
|
April 7, 2025 |
928.39 |
|
June 3, 2008 |
921.98 |
|
Aug. 5, 2024 |
870.27 |
|
April 6, 2025 |
756.87 |
|
Jan. 27, 2008 |
754.94 |
|
March 28, 2024 |
740.55 |
|
July 28 2008 |
733.90 |
|
April 8, 2025 |
700.12 |
|
April 9, 2025 |
688.89 |
|
Aug. 6, 2024 |
687.24 |
|
April 10, 2025 |
685.12 |
|
June 10, 2024 |
683.93 |
|
Feb. 19, 2024 |
680.16 |
|
Feb. 5, 2013 |
676.94 |
|
June 8, 2021 |
673.82 |
|
March 14, 2024 |
673.20 |
|
March 4, 2024 |
671.08 |
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