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Tadawul All Share Index

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162 stories mentioning Tadawul All Share IndexUpdated 3h 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 Close Lower; US Temporarily Waives Sanctions for Iranian Crude Sales

The Tadawul All Share Index on Tuesday closed 0.35% in the red as investors tuned into the latest updates on the US-Iran conflict.Reuters reported that the US waived its sanctions on Iran for 60 days, while a general license deal will allow the Middle Eastern nation to sell its crude oil, petrochemical and petroleum products until Aug. 21."There were fresh signs of progress in the negotiations, with Vice President JD Vance saying that the weekend talks were 'very, very good.' That follows comments from the Iranian side, who had previously said in the small hours of Monday that there'd been major progress to end the war in Lebanon," Deutsche Bank Research said, while noting the sanctions waiver deal. "So that backdrop saw oil prices come down, with Brent crude (-3.31%) closing at a 3-month low of $77.90/bbl, whilst WTI (-2.32%) also fell to $74.82/bbl."In other news, and also dampening sentiment, are the back-and-forth strikes between Russia and Ukraine. The attacks resulted in injuries and casualties, media reports said.Back at home, Consolidated Grunenfelder Saady Holding (SASE:4147) shares dropped 9.94% at closing as it logged a 29.62% year-over-year decline in attributable net profit and a 5.39% annual decrease in revenue for the 12 months ended March 31.Meanwhile, Future Vision for Health Training (SASE:9632) and Dr. Soliman Abdel Kader Fakeeh Hospital Co. (SASE:4017), d/b/a Fakeeh Care, entered a framework deal to implement programs, educational events and conferences, among others. The stocks closed 1.20% and 1.98% lower, respectively.

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Asia Markets

Tadawul Equities End Monday Muted; Saudi Arabia's Industrial Production Rises in 2025

The Tadawul All Share Index closed little changed on Monday at 0.04% in the red as investors assessed the latest economic releases by Saudi Arabia.According to the General Authority of Statistics, the kingdom's industrial production index rose 5.1% year over year in 2025. The growth was attributed to a rise in mining and quarrying, manufacturing activities, among others.Meanwhile, the country's construction cost index also ticked up annually by 2.6% in May from the 2.4% climb in April. The increase was attributed to growth in construction costs in the non-residential and residential sectors.In international news, investors tuned in to the results of Iran and the US' first round of talks in reaching a final peace agreement. The "positive" discussions in Switzerland led to the two parties agreeing to a roadmap for a lasting deal."Encouraging progress in US-Iran talks in Switzerland, mediated by Qatar and Pakistan, has seen both sides agree overnight to a roadmap towards a potential deal within 60 days, alongside the creation of technical working groups, a de conflict mechanism covering Lebanon, and a direct communication line aimed at avoiding incidents and keeping the Strait of Hormuz open," Deutsche Bank Research said in a note.Back at home and on the corporate front, Alshehili Metal Industries Co. (SASE:9624) secured a contract to produce and deliver 377 refrigerated trailers to Almarai Co. (SASE:2280). Shares of Alshehili Metal closed 1.79% higher, while Almarai ticked down 1.30%.

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International

Saudi Arabia's Annual Construction Costs Climb 2.6% in May

Saudi Arabia's construction cost index increased 2.6% year over year in May, following a 2.4% rise in the previous month, according to data from the General Authority for Statistics released Monday.The latest increase was largely attributed to higher construction costs in the residential and non-residential sectors.On a monthly basis, construction costs in the kingdom were 0.2% higher, against the prior 0.5% increase.

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Asia Markets

Tadawul Shares Start Week Lower; Saudi's Operating Revenues Index Ticks Up in April

Saudi Exchange-traded shares closed Sunday lower as Iran's announcement regarding the reclosure of the Strait of Hormuz pushed the Tadawul All Share Index 0.40% in the red.The command center of Iran's Armed Forces disclosed that the operations of the Iranian and Omani coasts along the Strait will be closed again. The move was due to the US allegedly breaching its memorandum of understanding to end the war.The statement comes as US Vice President JD Vance and Iranian Foreign Ministry spokesperson Esmail Baghaei met in Switzerland to iron out more details for the peace deal.Back at home, preliminary data demonstrated that the kingdom's operating revenue and employee compensation indices in April rose 10.6% and 10.1% year over year, respectively. Additionally, issued building permits surged annually by 28.2% to 7,356 in the reporting month from 5,740 a year ago."On a monthly basis, the Operating Revenues Index decreased by 3.8%, affected by a 19.1% decrease in manufacturing and mining and quarrying activities, a 1.5% decline in wholesale and retail trade and repair of motor vehicles activities, a 2.5% decline in financial and insurance activities, and decreases of 1.5% and 4.9% in information and communication activities and transportation and storage activities, respectively," the General Authority for Statistics said in its report.On the corporate front, Alkhorayef Water and Power Technologies (SASE:2081) entered into 60-month contracts to clean the stormwater and surface water networks of the sub-municipalities of the Jeddah Amana Municipality in Saudi Arabia. Shares of the water and wastewater management company closed 0.42% lower.

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International

Saudi Arabia Logs 28.2% Increase in April Issued Building Permits

Issued building permits in Saudi Arabia surged 28.2% annually in April, following a 0.7% drop in the previous month, according to preliminary data from the General Authority for Statistics released Sunday.On a monthly basis, the short-term business indicators statistics showed a 42.5% jump in issued building permits.

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International

Saudi Arabia's Annual Employee Compensation Up 10.1% in April

Saudi Arabia's employee compensation index climbed 10.1% annually in April, compared with a 10% rise the previous month.The monthly growth stood at 0.1%, according to preliminary data from the General Authority for Statistics released Sunday.

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International

Saudi Annual Business Operating Revenue Up 10.6% in April

Saudi Arabia's operating revenue index climbed 10.6% year over year in April, after a 10.2% growth in March, according to preliminary data from the General Authority for Statistics released Sunday.On a monthly basis, the short-term business indicators statistics report showed that operating revenue was down 3.8%.

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Asia Markets

Tadawul Shares End Week Subdued; US, Iran Sign Interim Peace Deal

The Tadawul All Share Index closed subdued at 0.06% in the green as the signing of the interim peace deal between Iran and the US took the global spotlight on Thursday.Dominating headlines is the signing of the US-Iran Islamabad Memorandum of Understanding. The 14-point deal includes sanction terminations, the reopening of the Strait of Hormuz, and a 60-day extension to its ceasefire to reach and negotiate a final deal.However, Israel's newest attacks on Lebanon caused market jitters as Iran stipulated that Lebanon should be included in its peace deal with the US."However, this sell off has partially reversed overnight following news shortly after the US close that the Presidents of the US and Iran had electronically signed an interim deal to end hostilities, with this MoU coming into effect. The signing had initially been expected on Friday, but Axios reported earlier yesterday that this may be brought forward. According to reports, the 14-point MoU foresees a rapid re-opening of the Strait of Hormuz, with an extendable 60-day period to negotiate a final deal that would cover nuclear issues and broad sanctions relief. The deal also envisages a $300bn fund for the 'reconstruction and economic development' of Iran, though Trump stressed yesterday that the US will not be investing in Iran and that Iran would benefit only if it 'behaves'," Deutsche Bank Research said in a note.In other news, and as expected, the US Federal Reserve kept its interest rates steady for the fourth time in a row, with the interest rates at the 3.50% to 3.75% range.Back at home, Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, is reportedly looking into the sale of its sulphur business stake. The state-owned oil giant is said to be aiming to raise $7 billion from the sale. Shares of Aramco closed 0.30% lower.Meanwhile, Specialized Medical Co. (SASE:4019) ticked up 1.05% as its 51%-owned Al-Mukhtas Al-Sehhi Medical unit secured a contract to manage and operate the SABIC Behavioral Care Specialist hospital.

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Equities

US, Iran Sign Memorandum to End War, Reopen Hormuz Strait

The US and Iran electronically signed the "Islamabad Memorandum of Understanding," which calls for the immediate reopening of the Strait of Hormuz, Pakistani Prime Minister Shehbaz Sharif wrote on X early Thursday.The 14-point document, released Wednesday, entails a commitment from the two nations to negotiate and enter a final agreement within 60 days or extend the deadline with mutual consent.As part of the memorandum, the US will end its naval blockade of Iranian ports within 30 days, terminate all sanctions, unfreeze Iranian assets, and propose an investment plan of at least $300 billion for the reconstruction and economic development of the Islamic Republic.The memorandum also includes the "immediate and permanent" end to the war on all fronts, including Lebanon, and ensures that Iran will not buy or develop nuclear weapons.

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Asia Markets

Tadawul Equities End Lower Amid US Fed Rate Jitters

The Tadawul All Share Index closed Wednesday lower at 0.28% in the red ahead of the latest and highly anticipated monetary policy of the US Federal Reserve.Aside from the expected rate hold, market watchers will also be on the lookout for the policies and economic views of the newest Fed chair, Kevin Warsh."No change in the policy rate (3.50% to 3.75% range) is expected, but the press conference could offer interesting sound bites for markets to potentially rethink the future policy stance. Whilst the statement should turn more hawkish, Warsh may want to communicate his more dovish view, though probably not explicitly. He could, for example, reiterate his conviction about AI-related productivity growth, which would justify lower policy rates further in the future. Overall, such comments are likely to stay at a high level as he's also not a fan of forward guidance," ING said.In other news, investors are also tuning into the new updates on the G7 summit as it heads into its last day. The third day will focus on coming up with a plan for the critical minerals supply chain in the West.Back at home, Waja Co. (SASE:9560) shares declined 1.40% at closing as it entered into a nonbinding memorandum of understanding to buy a 5% equity stake in construction group Owtad Al Fahad Co.Meanwhile, Bank AlJazira (SASE:1020) launched an offering of US dollar-denominated additional tier 1 capital certificates. The perpetual certificates offer will be available to eligible Saudi Arabian and international investors. Shares of the lender closed 0.59% in the red.

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Equities

IEA Forecasts Oil Market Recovery in 2027 After US-Iran Deal

The International Energy Agency expects the oil market to recover in 2027 following weak demand amid disruptions arising from the Middle East war, after the US and Iran reached an interim peace deal that could lead to a reopening of the Strait of Hormuz.In its June oil market report published Wednesday, the IEA said global oil demand is anticipated to decline by 1.1 million barrels per day year over year in 2026, a downgrade of 700,000 barrels per day from its previous month's forecast, as deliveries fell in the second quarter due to increased fuel prices and supply disruptions. Meanwhile, global supply is forecast to drop by 3.9 million barrels of oil per day on average in 2026, to 102.4 million barrels per day, before rebounding to 110.3 million barrels per day in the next year."Further declines in the coming months could still take global oil stocks to historic lows before the market balance shifts to surplus towards the end of the year," the IEA noted.Looking ahead, a rebound in demand growth of a "modest" 2 million barrels per day is projected in 2027 as trade flow normalizes, oil prices decline and the economic outlook brightens, under the assumption that the deal holds."While the US‑Iran interim agreement paves the way for a rebound in Middle East exports, operational and political constraints, including prolonged demining and unresolved transit arrangements, leave downside risks to the outlook," the IEA said.The US-Iran agreement is set to be signed on Friday in Switzerland.

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Asia Markets

Saudi Equities Close Tuesday Higher; Anmat Technology Ticks Up

The Tadawul All Share Index closed Tuesday 0.45% in the green as market watchers turn their attention to the outcome of the three-day G7 Summit in France.The Group of Seven wealthy nations, which include the US, Canada, France, Germany, Japan, Italy, and the UK, met in France to discuss global issues, such as the Ukraine-Russia conflict, AI, and other geopolitical topics.Further to this, US President Donald Trump, his Ukrainian counterpart Volodymyr Zelenskiy, and other world leaders held a "very good" meeting that focused on reaching a peace deal for Russia and Ukraine.Back at home, the seasonally adjusted alrajhi capital Saudi Construction Index is back in the expansion territory as it rose to 51.2 in May from 48.5 in April, according to a report by Alrajhi Capital and S&P Global."The alrajhi capital Saudi Construction Index signalled an encouraging return to growth for the sector in May, supported by a rebound in residential activity, renewed growth in new work orders and stronger business expectations. The improvement in residential activity is particularly notable, as it coincides with a relative recovery in mortgage data in Saudi Arabia," Alrajhi Capital Research Head Sultan Altowaim commented. "The outlook improved significantly compared to April, with participants pointing to resilient underlying demand and Vision 2030-related projects."On the corporate front, Anmat Technology for Trading (SASE:9639) signed a deal to provide replacement and expansion services for Saudi Energy Co.'s (SASE SASE:5110) end-user devices. Both Anmat Technology and Saudi Energy closed 11.59% and 0.99% higher, respectively.

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Equities

IMF: Europe, Other Energy-importing Countries Hit Hard by Middle East War

Countries particularly hit the hardest by the war in the Middle East are those that are heavily dependent on energy imports and have limited policy space, according to the International Monetary Fund."More than three months into the war in the Middle East, the global economy appears to be holding up," IMF Managing Director Kristalina Georgieva said in a blog post published Monday. "But an overall resilient global picture masks significant disparities. Even among advanced economies, some countries and communities have been harder hit. And in Africa, the negative impacts are more conspicuous. Meanwhile, with the prolonged closure of the Strait of Hormuz and infrastructure in the Middle East damaged by the fighting, uncertainty and risks remain high."Georgieva noted that Europe, which heavily relies on imported oil and gas, is facing higher inflation due to increased energy prices. France, Italy and Germany are among the euro area countries that have logged an increase in inflation since the war began in February.

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International

Saudi Arabia's Construction Sector Recovers in May

The output in Saudi Arabia's construction sector returned to growth in May, mainly driven by a rebound in residential activity, Alrajhi Capital and S&P Global said Monday.The headline seasonally adjusted Alrajhi Capital Saudi Construction Index rose to 51.2 in May from 48.5 in April, according to data from the newly launched survey.The sector recovery also indicated a renewed growth in new work orders following a two-month decline, and an increase in business activity expectations.

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Asia Markets

Tadawul Shares End Monday Subdued; Saudi Arabia's Inflation Ticks Up in May

The Tadawul All Share Index closed Monday trading muted at 0.08% in the red as investors assessed Saudi Arabia's latest economic releases and the updates on the US-Iran conflict.Dominating headlines all around the world is the preliminary pact that the US and Iran agreed to sign in Switzerland on Friday. The deal would reopen the Strait of Hormuz, as well as stop "military operations on all fronts, including in Lebanon", among other terms."Oil prices slumped on Monday, with NYMEX WTI around $80/bbl and Brent tumbling to around $84/bbl, after the US announced an interim deal with Iran and potential resumption of oil flows through the Strait of Hormuz from Friday, alongside the removal of the US naval blockade on Iranian shipments," ING said. "Still, restarting infrastructure and logistics flows could take time, while some shipping operators may remain cautious about returning to the Strait in the near term. Meanwhile, inventories and strategic stockpiles will need to be rebuilt after recent disruptions, which should keep prices supported even as flows gradually resume."Back at home, the kingdom's annual inflation rate rose year over year to 1.8% in May from 1.7% in the prior month. On a monthly basis, the index saw a consistent growth of 0.2%.Saudi Arabia's wholesale prices had a 4.6% growth in May. Meanwhile, the country's producer price index data showed a 9.1% year-over-year rise in April. Month over month, the index saw a 3.3% increase.On the corporate front, Malath Cooperative Insurance (SASE:8020) shares declined 0.94% at closing as it secured a one-year deal to organize, support, and deliver integrated insurance services for the National Housing Services Co.'s process of issuing work insurance products for latent defects policies.

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International

Saudi Arabia's Annual Producer Price Index Up 9.1% in April

The producer price index in Saudi Arabia jumped 9.1% year over year in April, after a 5.5% gain in March, according to data from the General Authority for Statistics released Monday.On a monthly basis, the index was 3.3% higher, compared with the revised 4.3% rise earlier.

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International

Saudi Arabia's Annual Wholesale Prices Climb 4.6% in May

Saudi Arabia's wholesale prices increased 4.6% year over year in May, following a 3.3% rise in April, the country's General Authority for Statistics said Monday.On a monthly basis, wholesale prices in the kingdom rose 1.2%.

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International

Saudi Arabia's Annual Inflation Rises to 1.8% in May

Saudi Arabia's annual inflation rate came in at 1.8% in May, up from 1.7% in April, the country's General Authority for Statistics said Monday.The latest reading matched the consensus estimate for the month.On a monthly basis, consumer prices in Saudi Arabia were 0.2% higher, consistent with the previous and expected increase.

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Equities

US, Iran Agree to Sign Deal to End War, Reopen Hormuz Strait on Friday

The US and Iran will sign a peace deal on Friday, after which the Strait of Hormuz will be reopened, US President Donald Trump said Sunday evening."The Deal with the Islamic Republic of Iran is now complete," Trump wrote in a post on the Truth Social platform, ordering the immediate end of the US naval blockade of Iranian ports as the parties reached a framework to end the war.The preliminary pact also includes the "immediate and permanent stop of military operations on all fronts, including in Lebanon," according to a post on X, formerly Twitter, from Pakistani Prime Minister Shehbaz Sharif.The official signing will take place in Switzerland, Sharif added.

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Asia Markets

Tadawul Shares Start Week Higher on US-Iran Peace Deal Hopes

Saudi Exchange-traded closed Sunday upbeat as the prospects of a US and Iran peace deal pushed the Tadawul All Share Index 0.57% firmly in the green.Investors are patiently waiting for updates regarding the signing of an interim deal that would end the conflict between the US and Iran. US President Donald Trump signaled that the memorandum of understanding would be signed on Sunday.However, Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated that the peace framework will be signed "in the coming days." An undisclosed senior Iranian official said that the final draft of its deal reportedly includes the reopening of the Strait of Hormuz, oil sanction waivers, releasing frozen Iranian assets, as well as other nuclear clauses.Looking ahead to the week, the local economic calendar will mostly be empty except for the release of Saudi Arabia's inflation print for May on Monday. Market watchers will also look out for the Federal Reserve's interest rate decision and economic projections on Wednesday."In terms of Wednesday's FOMC meeting, we expect the Fed to leave monetary policy unchanged, but we do expect a statement that puts greater emphasis on the possibility of an interest rate rise," ING said in a note. "In the press conference, he will likely acknowledge that economic conditions do not justify rate cuts at this time. Nonetheless, he could reiterate his view that, in time, tech investment will boost US productivity, meaning faster growth without generating inflation. That would imply a lower neutral interest rate that justifies lower policy rates over the medium to longer term."Back at home and on the corporate front, Saudi Pharmaceutical Industries and Medical Appliances (SASE:2070), d/b/a Spimaco, shares ticked up 3.58% at closing as it agreed to boost its stake in Arabian Medical Products Manufacturing, or Enayah, to 63% for 45 million Saudi riyals.

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