Saudi Market Brief: Sunday evening, 8 November 2026
Market brief
Updated 16:01, Riyadh time
TASI closed Sunday down 78.5 points, or 0.78%, at 10,016.92 points, with liquidity of about 2.7 billion riyals; Nomu rose 0.38% to 21,741.82 points.
Banks led declines at 1.6% while long-term goods gained 2%, as Gulf markets fell amid geopolitical tension and Brent settled Friday at USD 98.32 a barrel.
Foreign investors were net sellers of 221.5 million riyals in TASI last week, with banks seeing 134.8 million riyals of net selling.
JPMorgan raised Saudi Arabia's expected weighting in its EM government bond index to 2.71% from 2.5%, with eight SAR-denominated sukuk worth USD 79 bn phased in from 29 January 2027.
SADAQ renewed a non-binding MoU for 90 days to study acquiring Industrial Production Services, and Kumel's Q3 net profit fell 51.413% to 2,445,725 riyals.
WaZii translationTASI closes down 0.8% at 10,016.92 points; Nomu up 0.4%
صحيفة مال ·
TASI ended Sunday's session down 78.5 points, or 0.78%, at 10016.92 points, with liquidity of about 2.7 billion riyals through 181.3 million shares and 320.1 thousand trades. The parallel Nomu index rose 81.54 points, or 0.38%, to 21741.82 points. Eight sectors gained, led by long-term goods at 2%, while 14 declined, led by banks at 1.6%; Naseej and Saudi German Health rose 10%, CGS 9.9%, Al Hafar 5.6% and Retal 5.4%, while FIPCO fell 6.6%, SMC 4.9%, Redan 4.8%, Sadia 4.7% and Yamama Cement 4.2%.
WaZii translationSADAQ renews non-binding MoU to study acquiring Industrial Production Services
Saudi Exchange ·
Saudi Industrial Development Company (SADAQ) announced the renewal of its non-binding memorandum of understanding with SDM Investment and Mohammed Al-Ali Al-Suwailem Holding to study acquiring the full share capital of Industrial Production Services, a non-listed shareholder. The MoU term was automatically extended for 90 days from its expiry date. The company had previously appointed Alinma Financial as financial adviser, with the earlier announcement on Tadawul dated 16 September 2026.
WaZii translationGulf Union National Insurance confirms Sharia compliance, 0.182 riyal purification per share
Saudi Exchange ·
Gulf Union National Insurance said it received on Thursday 05/11/2026 a statement confirming that the Sharia supervisory committee appointed by Dar Al-Marjaa Al-Shariah completed its review of the company's activities for 2025. The statement confirms that the separation of shareholder and policyholder accounts, investments in both accounts and insurance products comply with the Sharia controls set by the committee. The company drew investors' attention to a purification amount of 0.182 Saudi riyals per share.
WaZii translationAl Munajim Foods sees tariff change lifting annual costs by about 0.08% of net revenue
Saudi Exchange ·
Al Munajim Foods said its preliminary assessment of the electricity and water tariff amendment, effective from 01/01/2027, indicates an increase in annual operating costs equivalent to about 0.08% of its net revenues according to the audited financial statements for 31 December 2025. The impact is expected to appear in the company's financial results from the first quarter of 2027. The company said it will continue to improve operational efficiency to limit the effect.
WaZii translationTASI down 0.45% at the start of Sunday trading
صحيفة اليوم السعودية ·
TASI fell 0.45% in early Sunday trading to 10,048 points, with turnover of about 442 million riyals and 32 million shares traded. 21 companies rose and 239 fell out of 273 listed on the main market, with CGS, Mahatta Al Bina, Saudi German Health, Naseej and Tanmiya among the top gainers and Sadia, FIPCO, BATK, SMC and Umm Al Qura Cement among the biggest decliners. Nomu slipped about 0.1% to 21,642 points on 665.6 thousand riyals of turnover.
WaZii translationSaudi stocks fall on banks and energy pressure; TASI down 0.5%
جريدة البورصة ·
TASI fell about 0.5% to 10050 points in early Sunday trading, with the banks and basic materials indices each down 0.9% and the energy sector down 0.4% on a weaker Saudi Aramco. The utilities index rose 1.8%, supported by ACWA Power gaining 3.4% after announcing results that beat analysts' expectations. The decline followed two sessions in which the index rose 2.2%, part of a weekly gain of nearly 2% that marked a second weekly rise after eight weeks of losses, while Brent crude fell below USD 97 a barrel on Friday.
WaZii translationTASI loses 24.4 points in closing auction to 10,016.92
صحيفة مال ·
TASI fell 24.4 points during Sunday's closing auction, closing at 10016.92 points versus 10,041.29 points before the auction, with 1.3 million shares traded at the closing price worth 21.3 million riyals in about 1669 trades. 61 stocks rose in the auction, led by Amak 2%, Aziziah REIT 1.4% and Maadaniyah 1.2%, while 125 declined, led by Halwani 1.8%, Al Fakharia 1.5%, BSF 1.4% and Baazeem 1.3%.
WaZii translationNomu rises 0.4% to 21,742 points on 12.2 mln riyals turnover
أرقام ·
The Nomu parallel market index ended Sunday's session up 0.4%, or 82 points, at 21742 points, with turnover of about 12.2 million riyals. Al Munef led gainers with 27%, followed by Al Fakhira 14% and Lin Al Khair 10%. National Building and Marketing fell 17%.
WaZii translationTASI pares losses to 0.35% above 10,054 points
okaz.com.sa ·
TASI held above 10054 points at 11:05 am Riyadh time on Sunday, paring its morning losses to 0.35%. Turnover reached about 1.07 billion riyals (USD 286.3 million) on more than 76.9 million shares, with the market value of listed companies at about 9.22 trillion riyals (USD 2.45 trillion). 153 of 273 listed stocks rose and 101 fell, with Naseej, Saudi German Health, CGS, Entaj and Enaya among the top gainers after gains of between 7% and 10%.
WaZii translationKumel Q3 net profit falls to 2,445,725 riyals
Saudi Exchange ·
Kumel reported preliminary third-quarter revenue of 35,318,192 riyals, down 12.016% from 40,141,733 riyals in the same quarter last year and 22.24% below the previous quarter's 45,419,879 riyals. Net profit attributable to shareholders reached 2,445,725 riyals against 5,033,728 riyals a year earlier, a decline of 51.413%, while operating profit fell 44.139% to 3,510,345 riyals. For the nine months ended 2026-09-30, revenue was 100,806,900 riyals versus 111,377,841 riyals in the comparable period, a change of -9.491%.
WaZii translationGulf markets fall as investors await Iran developments; TASI down 1%
الشرق الأوسط ·
Most Gulf stock markets opened lower on Sunday as investors waited to see whether US President Donald Trump would order new attacks on Iran. Saudi Arabia's TASI fell 1%, weighed by Al Rajhi down 0.6% and Saudi Arabian Mining Company (Maaden) down 1.1%, while Qatar's index fell 1.3%. Iranian state television reported explosions at several sites in southern Iran including Qeshm island, and Iran's Revolutionary Guard navy said two tankers caught fire after being damaged by naval mines.
WaZii translationForeign investors net sellers of 221.5 mln riyals in TASI last week
صحيفة مال ·
Foreign investors recorded net selling of 221.5 million riyals in the Saudi main market last week, a change of -179.2% from net buying of 279.7 million riyals the previous week, with purchases of 807.1 million riyals and sales of 1028.6 million riyals. Basic materials led foreign buying by sector at 167.6 million riyals, or 20.8% of total purchases, while banks led sales at 291.2 million riyals, 28.3% of total sales, with net selling in banks of 134.8 million riyals. TASI closed the week up 173.92 points, or 1.8%, at 10095.4 points.
WaZii translationTwo private deals on Al-Kharif shares worth 16.5 million riyals
صحيفة مال ·
Two private deals were executed on the Saudi market on Sunday 08 November 2026 covering 206.5 thousand Al-Kharif shares at 80 riyals per share, with a total value of about 16.5 million riyals. The first deal covered 38,000 shares worth 3,040,000 riyals and the second 168,540 shares worth 13,483,200 riyals.
WaZii translationArab markets fall on geopolitical pressure; Egypt leads losses, TASI down 0.44%
البيان ·
Five of seven Arab markets that opened on Sunday declined amid geopolitical tensions linked to the US-Iran confrontation. Egypt's EGX 30 posted the largest loss, down 1.29% to 50,490.91 points, followed by Qatar down 0.65% to 10,000.85 points and Saudi Arabia's TASI down 0.44% to 10,051.17 points, while Bahrain rose 0.33% and Amman edged up 0.01%. The article cited reports of explosions in southern Iran including Qeshm island, two tankers burning after hitting mines, US forces disabling a commercial ship, and the coalition intercepting two ballistic missiles targeting Riyadh.
WaZii translationSaudi TASI gains 1.75% for the week as analysts assess market drivers
أرقام ·
TASI closed Thursday up 0.6% at 10,095 points, a gain of 57 points, on turnover of about SAR 4.2 billion, bringing its weekly gain to 174 points or 1.75% from the previous week's close. Brent settled Friday at USD 98.32 a barrel after a weekly loss of 16.42%. Daniel Taqiuddin, CEO of Sky Links Capital, said the index kept facing pressure from continuing security developments, while progress in de-escalation efforts and hopes of a diplomatic solution kept the market supported.
صندوق النقد يتوقع اتساع عجز الموازنة إلى 10.7% العام المالي الحالي ·
JPMorgan raised Saudi Arabia's expected weighting in its Government Bond Index for Emerging Markets to 2.71% from the 2.5% projected in April, Reuters reported, with the index set to include eight SAR-denominated sovereign sukuk with a combined notional value of USD 79 bn, phased in over 10 months starting 29 January 2027. Riyadh-based Marble Design Company published its 2025 board report, a step toward transferring from Nomu to the main market that still requires regulatory clearance. The company had appointed Estidamah Capital as financial adviser after its board approved the transfer in April.
