Saudi stocks plunge to lowest close since April 2021
RIYADH —Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed Tuesday’s session down 1.7 percent, shedding 172 points to settle at 9,952 points. This marked its lowest closing level since April 2021, with total trading turnover reaching approximately SR3.8 billion.During the session, the in
RIYADH —Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed Tuesday’s session down 1.7 percent, shedding 172 points to settle at 9,952 points. This marked its lowest closing level since April 2021, with total trading turnover reaching approximately SR3.8 billion.During the session, the index fluctuated between a low of 9,941 points and a high of 10,116 points. Its losses since the beginning of the year have reached approximately 540 points, equivalent to a decline of 5.1 percent.Several leading stocks came under selling pressure. Saudi Aramco shares fell one percent to SR25.48, while Al Rajhi Bank shares declined by a similar margin to SR60.15. Shares of Etihad Etisalat, BSF, and Al Yamamah Cement dropped between one percent and 3 percent, while Yanbu National Petrochemical Company (Yansab) plunged 7 percent. Shares of SABIC Agri-Nutrients and Bank Albilad each declined by 3 percent, closing at SR109.80 and SR21.47, respectively, following the release of their Q3 2026 financial results. Tihama was the top decliner, tumbling 8 percent while Azm topped the gainers with a 4 percent increase.