AI Summary
Tadawul All Share Index (TASI) ended the period between Eid Al-Fitr holidays of 2025 and 2026 with a decline of 9%, or 1,079 points.
The index closed at 10,946 points on March 16, 2026 (the last session before the holiday), compared to 12,025 points during the same period last year.
This period witnessed several key developments, including interest rate cuts, a global trade war following US tariff impositions on several countries, the opening of the main market to all categories of non-resident foreign investors allowing direct investment, the outbreak of the US–Israel war on Iran, and volatility in oil prices.
|
Performance of TASI between Eid Al-Fitr holidays |
||||
|
Period |
Open (points) |
Close (points) |
Change (points) |
Change |
|
2004 - 2005 |
7,734 |
15,617 |
+7,883 |
+102% |
|
2005 - 2006 |
15,617 |
10,545 |
(5,072) |
(32%) |
|
2006 - 2007 |
10,545 |
7,806 |
(2,739) |
(26%) |
|
2007 - 2008 |
7,806 |
7,459 |
(347) |
(4%) |
|
2008 - 2009 |
7,459 |
5,948 |
(1,511) |
(20%) |
|
2009 - 2010 |
5,948 |
6,306 |
+358 |
+6% |
|
2010 - 2011 |
6,306 |
5,979 |
(327) |
(5%) |
|
2011 - 2012 |
5,979 |
7,004 |
+1,025 |
+17% |
|
2012 - 2013 |
7,004 |
8,072 |
+1,068 |
+15% |
|
2013 - 2014 |
8,072 |
10,215 |
+2,143 |
+27% |
|
2014 - 2015 |
10,215 |
9,338 |
(877) |
(9%) |
|
2015 - 2016 |
9,338 |
6,500 |
(2,838) |
(30%) |
|
2016 - 2017 |
6,500 |
7,426 |
+926 |
+14% |
|
2017 - 2018 |
7,426 |
8,270 |
+844 |
+11% |
|
2018 - 2019 |
8,270 |
8,516 |
+246 |
+3% |
|
2019 - 2020 |
8,516 |
7,051 |
(1,465) |
(17%) |
|
2020 - 2021 |
7,051 |
10,323 |
+3,272 |
+46% |
|
2021 - 2022 |
10,323 |
13,734 |
+3,411 |
+33% |
|
2022 - 2023 |
13,734 |
11,164 |
(2,570) |
(19%) |
|
2023 - 2024 |
11,164 |
12,705 |
+1,541 |
+14% |
|
2024 - 2025 |
12,705 |
12,025 |
(680) |
(5%) |
|
2025 - 2026 |
12,025 |
10,946 |
(1,079) |
(9%) |
Naseej International Trading Co. led decliners, falling by 76%, followed by Nice One Beauty Digital Marketing Co. (Nice One) and United Cooperative Assurance Co. (UCA), both down nearly 68%.
Other notable decliners included Raydan Food Co., Saudi Fisheries Co., Jahez International Company for Information System Technology, and Gulf General Cooperative Insurance Co., with losses ranging between 60% and 61%.
|
Top Losers* |
|||
|
Company |
Close (March 27, 2025) |
Close (March 16, 2026) |
Change |
|
Naseej |
93.70 |
22.06 |
(76%) |
|
Nice One |
40.40 |
12.83 |
(68%) |
|
UCA |
9.11 |
2.95 |
(68%) |
|
Raydan |
44.73 |
17.49 |
(61%) |
|
Saudi Fisheries |
103.00 |
40.78 |
(60%) |
|
Jahez |
30.00 |
11.98 |
(60%) |
|
Gulf General |
9.11 |
3.69 |
(60%) |
|
Tanmiah Food |
123.00 |
51.15 |
(58%) |
|
Al Etihad Insurance |
15.28 |
6.44 |
(58%) |
|
ACIG |
14.34 |
6.19 |
(57%) |
|
Entaj |
58.00 |
25.08 |
(57%) |
|
Walaa |
20.22 |
9.27 |
(54%) |
|
Al Jouf Cement |
10.70 |
4.91 |
(54%) |
|
Salama |
15.94 |
7.56 |
(53%) |
|
SAIC |
31.70 |
15.16 |
(52%) |
|
Tabuk Agricultural |
13.52 |
6.51 |
(52%) |
|
SAPTCO |
17.54 |
8.55 |
(51%) |
|
Red Sea |
43.00 |
21.07 |
(51%) |
|
Saudi German Hospital |
68.50 |
33.96 |
(50%) |
|
Tihama |
28.77 |
14.30 |
(50%) |
Electrical Industries Co. (EIC) topped gainers during the period from March 27, 2025 to March 16, 2026, surging 155%.
Almasane Alkobra Mining Co. (AMAK) soared 63%, Rasan Information Technology Co. rose 61%, while Saudi Arabian Mining Co. (Maaden) advanced 50%.
Top Gainers* |
|||
|
Company |
Close (March 27, 2025) |
Close (March 16, 2026) |
Change |
|
Electrical Industries |
6.06 |
15.43 |
155% |
|
AMAK |
57.90 |
94.15 |
63% |
|
Rasan |
81.90 |
132.00 |
61% |
|
Maaden |
46.30 |
69.55 |
50% |
|
Al-Babtain |
46.00 |
63.65 |
38% |
|
Saudi Cable |
122.80 |
165.10 |
34% |
|
SABIC Agri-Nutrients |
106.00 |
135.50 |
28% |
|
Bahri |
25.24 |
31.66 |
25% |
|
MIS |
131.00 |
160.40 |
22% |
|
Almajed Oud |
138.00 |
163.00 |
18% |
|
Cenomi Retail |
12.16 |
13.99 |
15% |
|
Abo Moati |
38.00 |
42.92 |
13% |
|
SNB |
35.85 |
40.32 |
12% |
|
SPIMACO |
26.25 |
28.88 |
10% |
|
Petro Rabigh |
7.86 |
8.62 |
10% |
|
SISCO Holding |
30.10 |
32.50 |
8% |
|
Jarir |
12.98 |
13.99 |
8% |
|
KHC |
8.22 |
8.83 |
7% |
|
SENAAT |
32.70 |
35.00 |
7% |
|
Mobily |
61.00 |
65.00 |
7% |
Leading stocks in the Saudi market showed varied performance between March 27, 2025, and March 16, 2026. Saudi Arabian Mining Co. (Maaden) led the gains with a 50% surge, followed by SABIC Agri-Nutrients Co. (SABIC AN) at 28%, National Shipping Company of Saudi Arabia (Bahri) at 25%, and Saudi National Bank (SNB) at 12%.
Blue Chips |
|||
|
Company |
Closing (Mar 27, 2025) |
Closing (Mar 16, 2026) |
Change (%) |
|
Saudi Aramco |
26.75 |
27.06 |
1% |
|
Al Rajhi Bank |
102.00 |
101.20 |
(1%) |
|
SNB |
35.85 |
40.32 |
12% |
|
Maaden |
46.30 |
69.55 |
50% |
|
stc |
45.35 |
42.22 |
(7%) |
|
ACWA |
340.49 |
169.80 |
(50%) |
|
Riyad Bank |
32.95 |
28.66 |
(13%) |
|
Alinma Bank |
30.70 |
28.08 |
(9%) |
|
Sulaiman Al Habib |
278.60 |
248.00 |
(11%) |
|
Mobily |
61.00 |
65.00 |
7% |
|
SABIC |
63.70 |
57.10 |
(10%) |
|
SAB |
37.50 |
35.50 |
(5%) |
|
Almarai |
55.60 |
42.86 |
(23%) |
|
BSF |
18.60 |
19.35 |
4% |
|
Bank Albilad |
30.75 |
26.40 |
(14%) |
|
SABIC AN |
106.00 |
135.50 |
28% |
|
ANB |
23.10 |
20.87 |
(10%) |
|
Bahri |
25.24 |
31.66 |
25% |
|
Elm |
970.00 |
541.00 |
(44%) |
|
Jabal Omar |
26.05 |
15.55 |
(40%) |
Most real estate investment trusts (REITs) showed a decline during the same period, with only four reporting gains.
REITs |
|||
|
Company |
Closing (Mar 27, 2025) |
Closing (Mar 16, 2026) |
Change (%) |
|
AlJazira REIT |
14.58 |
11.25 |
(23%) |
|
Riyad REIT |
6.30 |
4.96 |
(21%) |
|
Jadwa REIT Al Haramain |
6.23 |
4.93 |
(21%) |
|
Mulkia REIT |
5.07 |
4.50 |
(11%) |
|
AlAhli REIT (1) |
7.27 |
6.51 |
(10%) |
|
Derayah REIT |
5.65 |
5.09 |
(10%) |
|
MEFIC REIT |
3.94 |
3.59 |
(9%) |
|
Al Maather REIT |
9.50 |
8.88 |
(7%) |
|
SEDCO Capital REIT |
7.57 |
7.12 |
(6%) |
|
Musharaka REIT |
4.43 |
4.20 |
(5%) |
|
Alinma Retail REIT |
8.31 |
8.00 |
(4%) |
|
Alkhabeer REIT |
5.83 |
5.62 |
(4%) |
|
Taleem REIT |
10.20 |
9.84 |
(4%) |
|
Al Rajhi REIT |
8.29 |
8.10 |
(2%) |
|
Bonyan REIT |
9.45 |
9.43 |
(0.2%) |
|
Alinma Retail REIT |
4.66 |
4.69 |
1% |
|
Jadwa REIT Saudi |
10.10 |
11.22 |
11% |
|
Alistithmar REIT |
6.46 |
7.40 |
15% |
|
Al Aziziah REIT |
3.84 |
5.32 |
39% |
Be the first to comment
Comments Analysis: