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TASI declines 0.16% weekly amid 101B riyal gains
The Saudi stock market experienced modest declines during the week ending October 8, 2026, with the "TASI" index decreasing by 0.16% to reach 10,376 points. Meanwhile, market capitalization increased by 101.2 billion Riyals, reaching 9.224 trillion Riyals, primarily driven by Aramco. Ten sectors declined, led by the banking sector, amid ongoing geopolitical tensions and declining oil prices, while sectors such as food and energy saw gains. The "Taseel" stock led the declines, whereas the Iron stock surged by 32.97%. Trading value decreased to 17.37 billion Riyals, with volumes dropping to 882 million shares. Investors are awaiting corporate earnings reports and geopolitical developments, with expectations that performance will improve and the market will stabilize if conditions remain steady.
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