Saudi stock market loses $176bn in two months
you are currently viewing::Saudi stock market loses $176bn in two monthsOctober 23, 2026-Index hits five-year low
The stock index fell 2.3 percent on Thursday to close at 9,696 points,taking its losses in October to 7 percent. The sustained sell-off has wiped $176 billion off the bourse's market capitalisation since the end of August, according to AGBI calculations. Source: agbi.com |
October 20, 2026-Several leading stocks came under selling pressure
Saudi Arabia's benchmark Tadawul All Share Index (TASI) closed Tuesday's session down 1.7%, shedding 172 points to settle at 9,952 points. This marked its lowest closing level since April 2021, with total trading turnover reaching approximately SR3.8 billion.
October 19, 2026-Saudi Arabia's benchmark index fell 0.3%
Major Gulf stock markets were subdued in early trade on Monday as tensions in the Middle East kept investors on edge, with a tanker blast in the Strait of Hormuz and uncertainty over the waterway's reopening adding to the caution.
October 9, 2026-3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce that its United Arab Emirates (UAE) based sister company 3iQ Middle East Ltd has secured In-Principle Approval (IPA) for a Category 4 license from the Financial Services Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the capital of UAE.
October 6, 2026-Bold reforms in infrastructure, skills, and policy are needed to maintain growth and turn AI’s potential into jobs.
East Asia and Pacific (EAP) is projected to grow at 4.5% in 2026, demonstrating resilience in the face of global headwinds.
October 5, 2026-The kingdom's headline PMI rose to 55.3 in September, the strongest rate of improvement in 7 months
September 28, 2026-- Domestic pivot' of up to $100bn
US would be hardest hit by withdrawal
SWFs face pressure to invest at home
September 24, 2026--Saudi Arabia's benchmark index eased 0.1%
Major Gulf equity markets fell in early trade on Thursday as little progress in US-Iran diplomacy and persistent risks to Strait of Hormuz shipping unsettled investors.
September 10, 2026-Dubai's main share index fell 0.2%
Most major Gulf stock markets fell in early trade on Thursday, as escalating hostilities between the U.S. and Iran fuelled concerns about potential disruptions across vital regional energy corridors.
September 1, 2026-Saudi Arabia's benchmark index rose 0.3%
Gulf stock markets rose in early trade on Tuesday, tracking higher oil prices, while United Arab Emirates equities were subdued, as renewed fighting between the United States and Iran dampened investor sentiment.
August 28, 2026-Six months after the US-Iran war began, the Gulf economy is operating on a reshaped economic landscape.
The conflict has disrupted energy exports, shipping, aviation, real estate, tourism and the stock markets.