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Tadawul All Share Index

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162 stories mentioning Tadawul All Share IndexUpdated 1h ago

Saudi Arabia's Tadawul index closed muted as investors weighed rising May inflation, a construction-sector rebound, and US-Iran conflict updates.

Asia Markets

Saudi Shares End Wednesday Muted Amid Focus on US-Iran Peace Deal Uncertainty

The Tadawul All Share Index closed Wednesday muted at 0.01% in the green as market watchers assess the latest geopolitical updates on the US-Iran peace deal.US President Donald Trump said at the two-day NATO summit in Turkey that its memorandum of understanding with Iran was "over." The statement came after renewed attacks were reported at the Strait of Hormuz, raising concerns about the area's security and safety.Speaking of the US, investors are also tuned into the Federal Reserve's newest meeting minutes. The minutes can help provide investors with insights regarding the group's next rate moves."Today's minutes will clarify how serious members are about the possibility of rate hikes. Based on post-meeting communication, we see limited risk of a dovish surprise in the minutes. We expect a cementing of the hawkish message to firm up dollar momentum, although we don't expect it to lead to a break higher as markets may be reluctant to reprice rate expectations aggressively higher (now 35bp by December) after the soft jobs report," ING said in a note.Back at home, United Electronics Co. (SASE:4003), d/b/a eXtra, shares declined 6.03% despite logging a preliminary 2.377% increase in estimated attributable net profit and a 5.269% rise in estimated revenue for the first half of 2026.Meanwhile, Academy of Learning Co. (SASE:9541) entered into a one-year contract for the entry-level employment training and qualification programs with the Human Resources Development Fund, or Hadaf. Shares of the education and training services company closed 3.04% lower.

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PMI: Saudi Arabia's Non-oil Private Sector Growth Hits Four-month High Amid Improved Domestic Demand
US Markets

PMI: Saudi Arabia's Non-oil Private Sector Growth Hits Four-month High Amid Improved Domestic Demand

Recovering domestic demand and local customer spending helped bolster operating conditions in Saudi Arabia's non-oil private sector in June, the Riyad Bank said Sunday.The seasonally adjusted Riyad Bank Saudi Arabia PMI came in at a four-month high of 53.3 in June, up from May's 52.8. New business from domestic clients climbed at the fastest rate since February, reflecting project approvals and a rebound in sales after previous delays.As investor sentiment over the regional conflict improved, non-oil business activity in June increased at a pace "broadly consistent" with the prior month, as 18% of surveyed firms reported increased production versus the 2% flagging declines.Supply chains also improved, with delivery times at their quickest pace since February, as Saudi businesses pivoted to local suppliers and alternative shipping routes. Meanwhile, purchasing activity was muted amid reports of "sufficient" inventory levels.However, the reading came in weaker than the survey's long-run trend on persistent headwinds in export markets and heightened price pressures. The surveyed firms noted ongoing logistics challenges in the region and increased foreign competition as hurdles to international sales, while surging purchase and labor costs led to a further increase in selling prices."Business sentiment continued to strengthen, with firms reporting their highest level of optimism since January. The improvement in expectations points to growing confidence in the domestic business environment and suggests that companies increasingly anticipate favourable market conditions to support business activity over the coming months. This positive outlook reinforces expectations that non-oil growth will remain supported during the second half of the year," Riyad Bank chief economist Naif Al-Ghaith said.

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Equities

OPEC+ Raises Oil Output Targets for August

Seven members of the Organization of the Petroleum Exporting Countries and other oil-producing countries, or OPEC+, agreed to raise August oil output targets by 188,000 barrels per day.Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and Oman, in their virtual meeting on Sunday, said the move will enable the participating countries to accelerate their compensation, according to a same-day release.The seven producers will again meet on Aug. 2 to assess market conditions and compensation.

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Asia Markets

Tadawul Equities Start Week Lower; Saudi Arabia's June PMI Rises

The Tadawul All Share Index closed the first Sunday of July at 0.26% in the red as investors assessed the health of Saudi Arabia's non-oil private sector.The Riyad Bank Purchasing Managers' Index, a closely watched survey of the kingdom's business conditions, grew to 53.3 in June from 52.8 in May. Data showed an uptick in output and an improvement in business growth."Business sentiment continued to strengthen, with firms reporting their highest level of optimism since January. The improvement in expectations points to growing confidence in the domestic business environment and suggests that companies increasingly anticipate favourable market conditions to support business activity over the coming months. This positive outlook reinforces expectations that non-oil growth will remain supported during the second half of the year," Riyad Bank Chief Economist Naif Al-Ghaith commented.Looking ahead to the rest of the week, the local calendar will be empty except for the kingdom's industrial production figures for May on Thursday.In other news, investors are also focusing on the result of OPEC+'s meeting on Sunday. The group will increase crude output targets by 188,000 barrels per day in August. Saudi Arabia, one of the de facto leaders of the group, will produce 10.4 million barrels per day during the month.On the corporate front, Almarai Co. (SASE:2280) shares declined 3.31% at closing as it released its results for the first half of 2026. The food and beverage company logged a 1.732% decrease in net profit, while sales increased 10.963%.

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Equities

Market Chatter: OPEC+ to Reportedly Raise Crude Output Quotas in August

The members of the Organization of the Petroleum Exporting Countries and other oil-producing countries, or OPEC+, will reportedly increase the crude oil output quotas at its meeting on Sunday, Bloomberg News reported the same day, citing group delegates.The sources said that the group is said to be hiking the targets by 188,000 barrels per day. The plan is reportedly in line with OPEC+'s plan to overturn its previous output curbs, which were implemented a few years ago.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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International

PMI: Saudi Arabia's Non-oil Private Sector Growth Accelerates in June on Domestic Demand

Saudi Arabia's non-oil private sector growth improved in June as increasing domestic demand drove new business growth to a four-month high, leading to a sharp rise in output, the Riyad Bank and S&P Global said Sunday.The seasonally adjusted Riyad Bank Saudi Arabia PMI rose to 53.3 in June from 52.8 in May. The index remained below its long-run trend amid prolonged export challenges and elevated inflationary pressures.

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Asia Markets

Tadawul Shares End Week Lower Amid Geopolitical Tensions

The Tadawul All Share Index closed Thursday lower 0.28% in the red as the escalating geopolitical tensions between Russia and Ukraine dampened investor sentiment.Russia launched drone and missile attacks on Kyiv early Thursday. The attack on the Ukrainian capital resulted in at least 18 fatalities and property damage.Also making waves during the session is the "positive progress" of the two-day indirect US-Iran talks in Doha, Qatar. Qatari Foreign Ministry spokesperson Majed Al-Ansari said in an X post that the next meeting is set to happen after the funeral processions for the late Iranian Supreme Leader Ayatollah Ali Khamenei."As all that was happening, the dovish momentum got further support from the latest decline in oil prices, with Brent crude (-1.85%) falling to a 4-month low of $71.57/bbl. That followed positive headlines on the US-Iran talks, after Jared Kushner and Steve Witkoff were in Qatar on Tuesday. For instance, Trump said that 'They've had very good meetings', and AFP reported yesterday that US and Iranian officials were holding indirect lower-level technical talks with mediators," Deutsche Bank Research said in a note.Back at home, Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, has reportedly offered spot pricing options for Asian clients to boost its crude sales and draw demand in the region, Reuters reported. Aramco shares ticked down 0.08% at closing.Meanwhile, Sumou Real Estate (SASE:4323) shares edged up 0.14% at closing as it entered a 36-month deal to provide management work for a mixed-use building project in Jeddah.

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Asia Markets

Tadawul Shares Rebound on US-Iran Deal Optimism

Saudi equities rebounded on Wednesday as optimism regarding the potential progress of the US-Iran talks pushed the Tadawul All Share Index 0.53% in the green.Iran and the US are holding technical talks in Qatar in hopes of further advancing their agreements on a permanent ceasefire, as well as the Strait of Hormuz's shipping flow, Reuters reported, citing sources."The oil market continues to take an optimistic view on a supply recovery from the Persian Gulf, despite recent flare-ups between the US and Iran. Indirect talks in Doha this week have reportedly been positive," ING said in a note. "In the natural gas market, QatarEnergy reportedly extended force majeure on some LNG shipments to Asia and Europe until August, and in some cases into early September. This suggests that the LNG market could see a more gradual recovery in supplies following the temporary peace deal between the US and Iran."The meeting in Doha saw US envoys Jared Kushner and Steve Witkoff engage with the Qatari and Pakistani mediators for the talks. Meanwhile, an Iranian official said that the discussions will also focus on the release of its frozen assets worth $6 billion.Back at home, data from the Saudi Central Bank showed that the country's May M3 money supply increased 8.9% year over year, following a 10% growth in the prior month. Meanwhile, private bank lending grew 6.6% in the reporting month, compared with the 7.2% rise in April.On the corporate front, Knowledge Tower Trading (SASE:9551) shares ticked down 4.41% as the educational books retailer logged a 75.3% drop in its attributable net profit and a 26.36% decline in its revenue for the 12 months ended March 31.

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International

Saudi Arabia's Private Bank Lending Rises 6.6% in May

Saudi Arabia's private bank lending increased 6.6% year over year in May, after a 7.2% rise in April, the Saudi Central Bank said Wednesday.

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International

Saudi Arabia's M3 Money Supply Up 8.9% in May

Saudi Arabia's M3 money supply grew 8.9% year over year in May, following a 10% increase in April, the Saudi Central Bank said Wednesday.

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Japan

Tadawul Equities End June Muted; Saudi's Q1 Unemployment Rate Declines QoQ

The Tadawul All Share Index closed the last trading day of June subdued at 0.07% in the green on Tuesday as investors tuned in to the latest economic releases by Saudi Arabia.According to the General Authority for Statistics, the country's unemployment rate was 3.1% in the first quarter, lower than the 3.5% in the prior three-month period and up by 0.3 percentage points from the year-ago figure."The overall labor force participation rate (for Saudis and non-Saudis) reached 67.2%, decreasing by 0.2 percentage points compared to the previous quarter and by 1.0 percentage points year-on-year compared to the corresponding quarter of 2025. The unemployment rate among Saudis stood at 6.4% in Q1 of 2026, decreasing by 0.8 percentage points compared to the previous quarter while increasing by 0.1 percentage points year-on-year compared to Q1 of 2025. Meanwhile, the employment-to-population ratio among Saudis reached 45.8%, recording a slight decrease of 0.1 percentage point compared to the previous quarter and a decline of 2.2 percentage points compared to the same quarter of 2025," the report said.The kingdom's net inflow of foreign direct investment for the first quarter of 2026 amounted to 23.1 billion Saudi riyals, a 51.9% drop from the last quarter of 2025. Net outflows decreased to 3.5 billion riyals in the first quarter of 2026, compared with 5.2 billion riyals in the previous quarter.Additionally, the country's consumer confidence index for the first quarter demonstrated stability as the index logged 116 points in January, 113 points in February, and 114 points in March, which was above the neutral level of 100.On the corporate front, Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, slashed its monthly prices for liquefied petroleum gas for July. The contract prices were set at $580 per metric tonne for propane and $600 per metric tonne for butane. Aramco shares were flat at closing.Meanwhile, Future Vision for Health Training Co. (SASE:9632) shares ticked up 5.56% as it entered inot a one-year deal for the organization, execution, and marketing of the fourth International Conference on Mass Gatherings and Emergency Medicine 2026.

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Jobless Rate in Saudi Arabia Falls to 3.1% in First Quarter
US Markets

Jobless Rate in Saudi Arabia Falls to 3.1% in First Quarter

Saudi Arabia's jobless rate declined in the three months to March 2026, with the overall unemployment rate coming in at 3.1%, down from 3.5% in the prior three-month period.The overall unemployment rate stood at 2.8% in the first quarter of 2025, according to data from the kingdom's General Authority for Statistics released Tuesday."The unemployment rate among Saudis stood at 6.4 percent in Q1 of 2026, decreasing by 0.8 percentage points compared to the previous quarter while increasing by 0.1 percentage point year-on-year compared to Q1 of 2025," the statistics agency said in a statement. The jobless rate came in at 1.5% among non-Saudis in the first quarter, compared with 1.7% in the previous three-month period.The labor market indicators also showed that the overall labor force participation rate for both Saudi and non-Saudi nationals edged down to 67.2% in the quarter from 67.4% in the prior three-month period.Meanwhile, foreign direct investment outflows and inflows in Saudi Arabia amounted to 3.5 billion Saudi riyals and 26.6 billion riyals, respectively, in the first quarter, down 31.8% and 49.9% from the prior quarter. This led to a 51.9% flow in net inflows of foreign direct investment over the period to 23.1 billion riyals.In terms of consumer morale, a "slight trend toward optimism" was observed in the first quarter, with the general consumer confidence index coming in at 116 points in January, 113 points in February, and 114 points in March.The General Authority for Statistics noted that the general index's values remained above the neutral 100-point mark from January 2023 to March 2026.For economic conditions, the consumer confidence index stood at 129 points in January, 130 points in February, and 132 points in March, indicating that consumers view the country's economic situation in a positive light.

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International

Saudi Consumer Confidence Stable in Q1

Consumer morale in Saudi Arabia was stable in the first quarter, with results from the General Authority for Statistics showcasing a "slight trend toward optimism" on Tuesday.The general consumer confidence index stood at 116 points in January, 113 points in February, and 114 points in March, consistently staying above the neutral 100-point mark for over three years.The consumer confidence index for economic conditions weighed in at 129 points for January, 130 points for February, and 132 points for March, signaling a positive assessment of the economic situation.

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International

Saudi Arabia Foreign Direct Investment Decreases in Q1

The net inflow of foreign direct investment in Saudi Arabia came in at 23.1 billion Saudi riyals in the first quarter, down 51.9% from the prior three-month period, the country's General Authority for Statistics said Tuesday.The kingdom's foreign direct investment net inflow was 23.7 billion riyals in the first quarter of 2025.

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International

Saudi Arabia Unemployment Rate Declines to 3.1% in Q1

Saudi Arabia's overall unemployment rate came in at 3.1% in the first quarter of 2026, down from 3.5% in the prior three-month period, the country's General Authority for Statistics said Tuesday.The kingdom's unemployment rate stood at 2.8% in the first quarter of 2025.

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Asia Markets

Saudi Equities Extend Losing Streak; Nofoth Food Products Ticks Down

The Tadawul All Share Index plunged as it closed Monday trading at 1.06% in the red as investors focused on the latest updates on the US-Iran conflict.Iran and the US reportedly struck an agreement to pause their attacks against each other, Reuters reported, citing an unnamed US senior official. The source added that the two parties will reportedly continue their talks to reach a final and permanent peace deal in Qatar on Tuesday."Over the weekend, the conflict intensified further with additional strikes on vessels and military targets, leading to heightened maritime security risks and the Joint Maritime Information Center raising the threat level in the Strait to 'substantial.' However, overnight developments suggest a tentative de-escalation, with the US and Iran reportedly agreeing to halt further attacks ahead of renewed technical talks in Doha this week. Both sides are said to be standing down for now, allowing shipping flows to continue, although disputes over key provisions of the memorandum of understanding-particularly around control and potential costs for transit through Hormuz-mean the situation remains fragile and risks to regional stability persist," Deutsche Bank Research said in a note.Back at home, Saudi Research and Media Group (SASE:4210) shares ticked down 0.21% as its Taoq Public Relations unit secured a three-year contract to deliver media and marketing services to an undisclosed commercial company.Meanwhile, Nofoth Food Products Co. (SASE:2288) entered into a 180-day nonbinding memorandum of understanding to buy a 70% stake in Al Waal Al Bari Beverages. Shares of the food and bakery company closed 1.48% lower.Looking ahead for the week, the local economic calendar will see the release of the kingdom's unemployment data, consumer confidence index, and foreign direct investment figures for the first quarter on Tuesday.

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Asia Markets

Tadawul Shares Start Week Lower on Renewed Middle Eastern Geopolitical Tensions

Stocks trading in Saudi Arabia started the week lower as the renewed attacks between the US and Iran pushed the Tadawul All Share Index 0.23% in the red on Sunday.The potential reescalation of the US-Iran war dominated global headlines as Iran launched retaliatory attacks on US military targets in Bahrain and Kuwait after US President Donald Trump warned of potential military action against Iran.Investors are now raising concerns regarding the fragility of its interim peace deal as the back-and-forth attacks prompted both parties to accuse one another of violating the agreement.Back at home, Adeer Real Estate (SASE:9634) shares closed 5.47% lower as it entered into an exclusive marketing and sales services deal for the 850-room Millennium Hotel in Makkah.Meanwhile, SAL Saudi Logistics Services (SASE:4263) via its SAL Ground Handling unit secured a one-year renewable deal to deliver ground handling and air cargo services for Singapore Airlines' operations in the Riyadh-based King Khalid International Airport. Shares of the company ticked down 0.89% at closing."Partnering with a globally respected carrier such as Singapore Airlines is a testament to the quality and reliability of SAL's ground handling and air cargo services. Through this agreement, we are committed to delivering world-class operational standards that support the growth of the Kingdom's aviation and logistics sector and reinforce its position as a global hub for transport and logistics, in line with Saudi Vision 2030," the logistics company's Chief Executive Officer Omar bin Talal Hariri commented.

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Asia Markets

Tadawul Shares End Week Lower; Saudi Arabia's April Trade Surplus Declines

The Tadawul Share Index closed out the week 0.67% lower as Iraq's potential exit from OPEC dampened investor sentiment on Thursday.Iraq is reportedly considering leaving the Organization of the Petroleum Exporting Countries, Reuters reported, citing sources with knowledge of the matter. The sources said that the Middle Eastern country might leave the group if it is not allowed to boost its crude production.According to data from the General Authority for Statistics, the kingdom's merchandise trade surplus decreased to 25.43 billion Saudi riyals in April, compared with the prior month's revised 56.93 billion riyals.Meanwhile, merchandise exports climbed 9.3% year over year in the reporting month, while imports declined 5.2% annually. The report also said that China was Saudi Arabia's main merchandise trading partner."Non-oil exports, including re-exports, recorded an increase of 4.5% compared to April 2025, while national non-oil exports, excluding re-exports, decreased by 7.3%. Moreover, the value of re-exported goods increased by 20.4% during the same period, driven by a 74.0% increase in 'machinery, electrical equipment and parts,' which represented 53.5% of total re-exports," the report said.Back at home, First Avenue for Real Estate Development's (SASE:9610) consortium with Dar Al Majed Real Estate Co. (SASE:4326) and Rekaz Real Estate signed a 180-day framework deal to develop an informal settlement area in Makkah.Shares of First Avenue and Dar Al Majed closed 3.50% and 1.09% in the red, respectively.

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International

Saudi Arabia's Trade Surplus Narrows MoM in April

Saudi Arabia's merchandise trade surplus reduced to 25.43 billion Saudi riyals in April, from the revised 56.93 billion riyals in the prior month, General Authority for Statistics data showed Thursday.Merchandise exports totaled 101.18 billion riyals, 9.3% higher year over year, while merchandise imports decreased 5.2% to 75.75 billion riyals.

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Asia Markets

Tadawul Equities End Lower Ahead of Saudi's April Exports, Import Data

The Tadawul All Share Index closed on Wednesday at 0.25% in the red ahead of the kingdom's latest export and import numbers on Thursday.Aside from the local economic releases, market watchers will also tune in to the US' final GDP growth rate data for the first quarter, as well as the progress of the final US-Iran peace deal.US President Donald Trump said in a Truth Social post that Iran agreed to "infinity" nuclear inspections. However, the Middle Eastern nation denied that it raised its nuclear program during its discussions on Monday. The statements raised concerns regarding the peace deal and its effect on energy prices."A potential peace deal between the United States and Iran paves the way for lower energy prices over the next 12-18 months, once constraints on global trade and supply ease. However, near-term risks remain. While the overall trajectory for oil prices is lower, ongoing risks and delays in restoring supply conditions will likely keep prices above pre-war levels in the coming months," Wells Fargo Investment Institute said in a note.Back at home, Ades Holding (SASE:2382) shares ticked up 2.53% as its Ades Saudi Ltd. subsidiary agreed to buy Saudi Arabian Saipem Ltd. from Saipem International for $285 million.Meanwhile, the board of Takween Advanced Industries (SASE:1201) proposed to reduce its capital to 245.3 million Saudi riyals to optimize its capital structure via offsetting accumulated losses. Shares of the plastics packaging and non-woven fabric company closed 0.40% in the green.

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