TASI Falls 1% On A Wide Retreat As Nomu Gains
TASI closed 1.02% lower at 9,921.50 with 212 decliners against 53 advancers, Nomu added 0.94%, and three companies put a number on the new electricity and water prices in filings dated the previous session.
The Tadawul All Share Index finished Thursday at 9,921.50, down 101.97 points or 1.02%, on turnover of SAR 4.03 billion, about $1.07 billion. The move was wide rather than deep in any one name: 212 Main Market names fell against 53 that rose, roughly four losers for every winner, with the rest unchanged.
Underneath the index, the session separated by sector more than by story. Insurance was the one pocket of green, averaging 0.29% higher across 26 names, with health care equipment marginally positive. The weakest groups were consumer durables at 1.63% lower on average, financial services at 1.52% and utilities at 1.38%. Those averages are computed here from each constituent's official close; they describe where the money went, not why.
Nomu, the parallel market, moved the other way, adding 0.94% to close at 21,474.39 on SAR 25.0 million of turnover, about $6.7 million. Breadth there was near even at 36 names up and 35 down, and the index gain came from the small end of a board where a handful of trades move the tape. This is the third official close logged since the series restarted on October 27, so the level is reported as a partial series rather than as a trend.
| INDEX | CLOSE | CHANGE | TURNOVER |
|---|---|---|---|
| TASI | 9,921.50 | 1.02% lower | SAR 4.03bn / $1.07bn |
| Nomu | 21,474.39 | 0.94% higher | SAR 25.0m / $6.7m |
The substance of the week sits in filings stamped October 28, a day after that session's brief had gone out. Shatirah House Restaurant, National Gypsum and BCI each estimated that the new electricity and water prices would raise their costs by about 1%, three companies in three sectors arriving at the same order of magnitude. In the same batch, SASCO said it had completed the transfer of its Jeddah property following an expropriation, and ADES said it was notified that a one-year extension option on an Angola rig had been exercised. None of these is dramatic on its own. Together they show regulated input prices being written into company guidance line by line, in numbers small enough to look routine and specific enough to compare.
Among the day's larger moves, SPPC fell 7.60% to SAR 47.08, about $12.56, AFG Retail 6.53% and Saudi Cable 5.28%, with nothing in the filings tying the three together. Gulf General led the gainers at 9.97%, followed by SIIG at 5.23% and CGS at 4.61%, in a session where the insurance sector as a whole was the strongest group.
Americana, in a disclosure also dated October 28, said it expects 120 to 130 restaurant openings in 2026. That is a capacity statement rather than a result, and it belongs with the cost estimates as a claim about next year rather than this quarter.
Sources
Saudi Exchange end-of-day market data for October 27, 28 and 29, 2026, which supplies the index closes, turnover, volume and every per-share figure in this issue. Company statements are the companies' own disclosures to the exchange, dated October 28, 2026. Sector averages and index breadth are calculated here from those closing prices, and the company profile figures come from the company's own listing page.
Company Of The Day
Shatirah House Restaurant Co. (6016), which trades on the Main Market and operates the Burgerizzr pizza chain, closed at SAR 5.86, about $1.56 a share, down 0.85% on the session and 36.7% year to date. Market value is SAR 328.2 million, roughly $87.5 million, which makes it one of the smallest consumer names on the exchange. The chain runs pizza outlets across Saudi Arabia and reported a profit of SAR 11.2 million for the first half of 2026, about $3.0 million. The October 28 disclosure estimated that the new electricity and water prices would add about 1% to costs. For a US investor the interest is scale rather than novelty: a thin float, modest turnover, a beta of 1.24, and a share price down 42.5% over twelve months. The cost estimate adjusts one input by a margin, and the shares moved less than a percent on the day. Learn more by visiting their official website at www.burgerizzr.com.