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Saudi Stocks Post 2.6% Weekly Loss as Main Index Closes at 43-Month Low

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 2.6% in the week ended Thursday, October 15, losing about 270 points to close at 10,106.54, according to data from Argaam.

The index had closed the previous week at 10,376.28. Thursday’s close was its lowest in 43 months, Argaam said.

Two men in traditional Saudi dress look at a Tadawul market summary screen in Riyadh
Investors look at a market summary screen at the Saudi Exchange in Riyadh. File photo, published October 15, 2026. Photo: QNA

The index fell 0.32%, or 32.29 points, in Thursday’s session. It traded between 10,035 and 10,134 points during the day.

Turnover on Thursday reached about SAR3.6 billion, with 258 million shares changing hands, Qatar News Agency reported. Shares of 74 companies rose and 182 fell.

Saudi Aramco fell less than 1% to SAR25.28 on Thursday. ACWA Power dropped 3% to SAR155.20 and Saudi Arabian Mining Company (Maaden) lost 1% to SAR60.

The weekly decline followed a 1.74% drop on Wednesday, October 14, when the index closed at 10,138.83.

Average daily turnover for the week fell 2% to SAR3.40 billion, from SAR3.47 billion the week before.

Only one of the market’s 22 sector indices rose during the week. Consumer discretionary distribution and retail gained 2%.

Media and entertainment led the decliners with a 10.2% fall. Transportation dropped 7.5% and capital goods lost 6.7%.

Share prices of 248 companies fell over the week, while 21 rose and two were unchanged. Jarir Marketing Company gained 6%.

GO Telecom fell 16% and Tanmiah Food Company dropped 14%, leading the week’s losers.

The index is down about 384 points, or 3.7%, since the start of the year.

Five companies on the main market have reported third-quarter 2026 results so far, according to Argaam.

The parallel Nomu market index rose 10.39 points on Thursday to 21,842.76. The Saudi Exchange trades from Sunday to Thursday, and the next session is on Sunday, October 18.