162 stories mentioning Tadawul All Share IndexUpdated 14m ago
Saudi Arabia's Tadawul index closed muted as investors weighed rising May inflation, a construction-sector rebound, and US-Iran conflict updates.
Saudi Arabia's merchandise trade surplus came in at 22.95 billion Saudi riyals in February, up from the revised 14.0 billion riyals in the prior month, General Authority for Statistics data showed Thursday.Merchandise exports totaled 99.08 billion riyals, 4.7% higher year over year, while merchandise imports increased 6.6% to 76.13 billion riyals.
The Tadawul All Share Index closed Wednesday at 0.88% lower as the continued closure of the Strait of Hormuz overshadowed the cheer from the extension of the fragile US-Iran ceasefire deal.US President Donald Trump announced on his Truth Social account that the ceasefire deal with Iran will be extended indefinitely and will continue with the blockade of its ports until the Middle Eastern nation presents a "unified proposal".However, Mahdi Mohammadi, a senior advisor to Iranian Parliament Speaker Mohammad Baqer Qalibaf, suggested that the announcement might be a political ploy for a surprise attack by the US."In the Middle East conflict, Trump extended the ceasefire indefinitely just before its expiry after Iran refused further negotiations due to unreasonable US demands. This marks a U-turn in tone, as Trump had earlier ruled out an extension and hinted at military action. With Iran reportedly not requesting the ceasefire and the Strait of Hormuz issue still unresolved, Iran appears to hold the upper hand at present," Danske Bank said in a note.Back at home, Saudi Arabia's March construction cost index increased 2% from the 1.4% rise in February. The climb was mainly due to a growth in construction costs in the non-residential and residential sectors.On the corporate front, Arriyadh Development (SASE:4150), d/b/a Ardco, agreed to sell its stake in the Al Arabi Riyadh Development Real Estate Fund to Sumou Holding Co. The property group will sell its 10% interest for 184.5 million Saudi riyals. Ardco shares closed 0.11% in the red.
Saudi Arabia's construction cost index increased 2% year over year in March, following a 1.4% rise in the previous month, according to data from the General Authority for Statistics released Wednesday.The latest increase was largely attributed to higher construction costs in both the residential and non-residential sectors.On a monthly basis, construction costs in the kingdom were 0.6% higher.
The Tadawul All Share Index closed Tuesday 0.19% in the red as market jitters regarding the uncertainty of the US-Iran peace talks happening sent investors into risk-off mode.As the end of the two-week ceasefire looms, Iran and the US are set to meet in Islamabad, Pakistan, on Wednesday, Reuters reported, citing a Pakistani source. The US will send Vice President JD Vance for the discussions, with the Iranian delegation sending uncertain signals about its participation."Various reporting suggests that Vice President Vance is expected depart to Islamabad today, and we also saw reporting by the New York Times and others that Iran is also sending a team to Islamabad for negotiations. With a spokesman for Iran's foreign ministry earlier saying that Tehran had no plans to attend the negotiations, this has given a more positive light on the talks going ahead, though it remains unclear who would lead the Iranian delegation," Deutsche Bank Research said in a note.Back at home, Saudi National Bank (SASE:1180), Riyad Bank (SASE:1010), Al Rajhi Bank (SASE:1120), and Arab National Bank (SASE:1080) posted their financial statements for the first quarter of 2026. All four stocks logged higher net profit and total operations profit for the three months ended March 31."SNB reported SAR6,423mn net income for 1Q26, 1.7% above consensus (Visible Alpha), 2.2% above BofAe, +0.6% QoQ. The bottom line was helped by net release of provisions (-32bpt CoR), which has offset lower than we had expected revenue and higher costs. In the balance sheet, loan growth came in moderate, while deposits accelerated, bringing Loan / Deposit Ratio down," BofA Global Research said.Saudi National Bank and Riyad Bank declined 2.40% and 0.23%, respectively, while Al Rajhi Bank closed 0.42% higher and Arab National Bank ended the session 1.58% in green.Meanwhile, Arabian Internet and Communications Services Co. (SASE:7202), d/b/a Solutions', shares rose 0.68% as it secured a project to design, upgrade, and provide equipment for Saudi Telecom (SASE:7010), d/b/a stc, data centers. Stc shares closed 0.05% higher.
Saudi Exchange-traded shares closed Monday 0.85% in the red as the potential breakdown of the already shaky ceasefire deal between the US and Iran dampened investor sentiment.The US-Iran talks on a possible deal to end the conflict are in jeopardy as the US seized and fired on an Iranian-flagged cargo ship that was headed to the Bandar Abbas port.An Iranian source told Reuters that the US' port blockade is a hindrance to the talks, with Iranian Foreign Ministry spokesman Esmaeil Baghaei adding that the Middle Eastern country is not rushing to conduct the discussions.Back at home, the real estate price index of Saudi Arabia declined 1.6% year over year in the first quarter, according to a report by the General Authority for Statistics. The change was attributed to lower residential sector prices."The Real Estate Price Index recorded a 0.2% decline on a quarterly basis during Q1 of 2026. The Index was affected by the decline in the prices of the commercial sector by 2.3% driven by a decrease in the prices of commercial land by 2.4%, the prices of buildings by 1.3% and the prices of galleries and shops by 2.9%," the statistics agency said in its report.Meanwhile, preliminary data showed that the kingdom's operating revenue and employee compensation indices in February rose 5.9% and 9.8% year over year, respectively. However, issued building permits dropped 18.8% to 5,920 in the reporting month from 7,290 a year ago.On the corporate front, Cherry Trading Co. (SASE:4265) shares ticked up 3.11% as it secured a contract to lease 922 vehicles in Riyadh. The car rental and leasing company's board also recommended a 0.5 riyal per share dividend for 2025.
Saudi Arabia's employee compensation index climbed 9.8% on an annual basis in February, compared with a 9.4% rise in the previous month.The monthly growth stood at 0.7%, according to preliminary data from the General Authority for Statistics released Monday.
Saudi Arabia's real estate prices declined 1.6% year over year in the first quarter, after a 0.7% fall in the previous three months, the country's General Authority for Statistics said Monday.The deflation was mainly attributed to a decrease in residential sector prices.On a quarterly basis, the real estate price index dropped 0.2% in the three months to March, against a 0.4% decrease earlier.
Issued building permits in Saudi Arabia fell 18.8% annually in February, following a 6.6% drop in the previous month, according to preliminary data from the General Authority for Statistics released Monday.On a monthly basis, the short-term business indicators statistics showed a 14.4% decline in issued building permits.
Saudi Arabia's operating revenue index climbed 5.9% year over year in February, after a 3.2% growth in January, according to preliminary data from the General Authority for Statistics released Monday.On a monthly basis, the short-term business indicators statistics report showed that operating revenue was up 0.3%.
The Tadawul All Share Index closed 0.78% lower on Sunday amid market jitters on the updates regarding the fragile ceasefire agreement between the US and Iran.Reuters reported that the Strait of Hormuz closed again after reopening for one day. The area was blocked off again after Iran accused the US of violating its agreement due to the blockade of ports in the Middle Eastern nation.Further to this, the two sides noted that their talks to end the conflict were making progress. However, Iran's Deputy Foreign Minister Saeed Khatibzadeh noted that there was no exact date for its next round of in-person discussions."We are now focusing on finalising the framework of understanding between two sides. We don't want to enter into any negotiation or meeting which is doomed to fail and which can be a pretext for another round of escalation," Khatibzadeh said. "Until we agree the framework, we cannot set the date... There was significant progress made actually. But then the maximalist approach by the other side, trying to make Iran an exception from international law prevented us to reach an agreement."Back at home and on the corporate front, the board of Maharah Human Resources (SASE:1831) proposed to distribute a 0.13 Saudi riyal-per-share interim cash dividend for the second half of 2025, as well as increase its capital to 600 million riyals through bonus share issues. Shares of the human resources and outsourcing company closed 0.16% higher.Looking ahead to the week, the local economic calendar will see the release of the real estate price index for the first quarter and the February short-term business indicators statistics figures on Monday, as well as the February import and export data on Thursday.
The Tadawul All Share Index closed the week lower at 0.30% in the red on Thursday as market watchers tuned in to the latest updates on geopolitical conflicts between the US and Iran, as well as Ukraine and Russia.Reuters reported, citing sources in Pakistan, that the Iran-US war might end soon as "sticky issues" regarding its previous failed deal have made progress. The foreign ministry of Pakistan also confirmed that both sides are willing to continue negotiations, with the US side saying that talks were "productive and ongoing.""US-Iran talks may resume in Pakistan this weekend after previous discussions stalled, although no date has been set yet. The Trump administration expressed optimism on Wednesday about resolving the conflict; President Trump stated in an interview with Fox News that the Iran war is 'almost over'," Danske Bank said in a note.On the other hand, dampening sentiment is Russia's newest attack in Ukraine. The strikes in Kyiv and Odesa resulted in casualties, injuries, and property damage.Back at home, Jarir Marketing (SASE:4190) shares gained 2.77% as it logged an estimated 16.658% annual increase in attributable net profit and a 14.371% rise in revenue in the first quarter.Meanwhile, Cherry Trading Co. (SASE:4265) entered a 36-month leasing contract for 275 vehicles. Shares of the car rental and leasing company closed 0.16% lower.
The Tadawul All Share Index closed Wednesday higher at 0.90% as investors assessed the latest economic releases in Saudi Arabia.According to the General Authority for Statistics, the kingdom's annual inflation rate edged up year over year to 1.8% in March from 1.7% in February."On a monthly basis, the CPI in March 2026 recorded a relative increase of 0.3% compared to February 2026, as the prices of the food and beverage division increased by 0.5% driven by a 0.5% increase in the food group," the statistics agency said in its report. "On the other hand, the prices of the transport division decreased by 0.2% The prices of education, health, and tobacco services remained stable, and there was no significant relative change in March 2026."The country's wholesale prices also increased 3.3% year over year in March after a 3.5% rise in the prior month. Meanwhile, the producer price index grew 1% in February following a 0.4% uptick in January.In other news, the International Monetary Fund released its latest World Economic Outlook, expecting Saudi Arabia's real gross domestic product to increase 3.1%, 1.4 percentage points lower than its previous forecast.On the corporate front, Gas Arabian Services (SASE:4146) closed 0.21% higher as its Gas Arabian Metal Tech Factory unit signed a binding deal to design, engineer, and produce oil and gas systems with the UK's Oil & Gas Systems Ltd.
Saudi Arabia's annual inflation rate came in at 1.8% in March, up from 1.7% in February, the country's General Authority for Statistics said Wednesday.On a monthly basis, consumer prices in Saudi Arabia were 0.3% higher, compared with the previous zero growth.
Saudi Arabia's wholesale prices increased 3.3% year over year in March, following a 3.5% rise in the previous month, the country's General Authority for Statistics said Wednesday.On a monthly basis, wholesale prices in the kingdom edged up 0.2%.
The producer price index in Saudi Arabia rose 1% year over year in February, after a 0.4% uptick in the previous month, according to data from the General Authority for Statistics released Wednesday.On a monthly basis, the index was stable.
The International Monetary Fund trimmed its economic growth forecast for Saudi Arabia in 2026, citing the "direct impact" of the Middle East war on the kingdom, particularly on commodity production and exports.In its latest World Economic Outlook published Tuesday, the IMF now expects Saudi Arabia's gross domestic product to increase 3.1% in 2026, down by 1.4 percentage points from its prior forecast. The Saudi economy is then expected to rebound in 2027, with the IMF's projection up by 0.9 percentage point to 4.5%.For inflation, consumer price growth is seen averaging 2.3% in 2026, before slowing to 2.1% in 2027.
Saudi Exchange-traded shares closed Tuesday higher as the potential resumption of the talks between Iran and the US pushed the Tadawul All Share Index to 0.52% in the green.Sources said that the US and Iran are said to resume their discussions in Pakistan on ending the war, Reuters reported. The sources added that the talks in Islamabad might happen by the end of the week."Oil prices fell back below USD100/bbl overnight on the news that US and Iran might resume talks ahead of the end of the two-week ceasefire. Amid the additional US blockade of the Strait of Hormuz and an end to the Russian sanctions' waiver that allowed purchasing of oil from Russian tankers already at sea, the oil market seems optimistic that supply constraints will start to ease in the short term. The waiver that allowed purchasing of Iranian oil is set to expire on 19 April, but its significance is reduced due to the ongoing blockade in the Strait," Danske Bank said in a note.In other news, market watchers await the International Monetary Fund's latest world economic outlook report later in the day.Back at home, Academy of Learning Co. (SASE:9541) shares ticked up 0.58% as its Learning Private Schools Co. subsidiary entered a 30-year lease for an educational complex that will be used for private education services.Meanwhile, Saudi Aramco's (SASE:2222) Aramco Digital unit entered a project that will use industrial artificial intelligence of things group Cumulocity's platform to boost its fleet management operations in Saudi Arabia. Shares of the oil giant closed 0.87% lower.
The Tadawul Share Index closed Monday 0.99% higher as the full restoration of oil pumping capacity at Saudi Arabia's East-West pipeline overshadowed the gloom from the results of the US-Iran talks.The damage from attacks last week led to the loss of 700,000 barrels per day in pumping capacity, but the repairs brought the pipeline back to 7 million barrels per day. "This quick recovery reflects the high operational resilience and crisis management efficiency of Saudi Aramco (SASE:2222) and the Kingdom's energy ecosystem as a whole, thereby enhancing the reliability and continuity of supplies to local and global markets, and supporting the global economy," the Saudi Ministry of Energy said in a statement on X.Meanwhile, oil prices rose with news of the US plans to block the Strait of Hormuz. US President Donald Trump said in a Truth Social post that ships to and from the Strait will be potentially attacked."By announcing an impending blockade of the Strait, President Trump may be signaling that he is not prepared to cut his losses just yet. In pursuing this strategy, President Trump may be calculating that China will become more active in negotiations if it faces a cutoff of Iranian cargoes to its refineries," RBC Capital Markets said in a note. "Also, it may prove to be a far more challenging undertaking to blockade Iran than Venezuela, and we would anticipate Tehran will increase attacks on regional energy facilities, including critical derisking infrastructure, if President Trump backs his threat with action."Back at home and on the corporate front, Edarat Communication and Information Technology (SASE:9557) closed flat as its board proposed to repurchase shares, as well as boost its capital to 75.6 million Saudi riyals via bonus share issues.Looking ahead to the rest of the week, the local economic releases calendar's only entries are the March inflation print and wholesale price figures, both on Wednesday.
The Tadawul All Share Index closed Sunday trading 0.25% lower amid market jitters as the US and Iran walked away from their discussions in Pakistan without coming to an agreement.The Iranian delegation cited the US' lack of trust in its "forward-looking initiatives" and "excessive demands" as some of the reasons why the talks failed."We consider every mirror to be another method of authority diplomacy, alongside military struggle, for upholding the rights of the Iranian nation, and we will not for a moment cease our efforts to consolidate the achievements of the forty days of Iran's national defense," Iran's Parliament Speaker Mohammad Baqer Qalibaf said in an X post.Further to this, Pakistan's Foreign Minister Ishaq Dar noted that it is "imperative" that both sides hold up their two-week ceasefire deal, which started on April 8.Back at home, Ades Holding (SASE:2382) shares closed 1.21% in the green as it secured a one-year extension to its premium jackup rig drilling contract with Chevron Nigeria.Meanwhile, Al Kuzama Trading (SASE:9636) is poised to take a 25% stake in Unique Food Catering Co. from its owner, Bandar Khalid Abu Saman. The restaurant chain operator will purchase the stake for 35 million Saudi riyals. Shares surged 8.91% at closing.
Saudi Arabia resumed pumping through the East-West pipeline at full capacity of 7 million barrels per day and recovered 300,000 bpd of affected volumes from the Manifa field production, the kingdom's energy ministry said Sunday.The operations were impacted by Iranian strikes since the US and Israel's war against Iran broke out on Feb. 28.The Ministry of Energy said work is still in progress to restore full production capacity at the Khurais field.
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