TASI Closes Above 10,000 As Every Sector Gains
The main index rose 1.65% to 10,038.89 with 242 advancers against 24 decliners, insurance and utilities led, and Nomu added 0.37%.
The Saudi main index climbed 1.65% on Wednesday and closed above 10,000 for the first time since October 28, with almost every listed name on the Main Market finishing higher.
The Tadawul All Share Index closed at 10,038.89, up 162.76 points, after trading between 9,865.05 and 10,045.69. Turnover was SAR 4.48 billion, about $1.20 billion, the heaviest since October 29, across 434,814 trades. Breadth was the strongest in weeks: 242 Main Market names rose, 24 fell and 7 closed unchanged. The close sits 6.36% above the October 25 low of 9,438.50 and 13.38% below the April 15 high of 11,589.05.
All 20 of the sector groups we track finished higher, the first session this month in which none averaged a loss. Consumer durables averaged +4.41%, insurance +4.18% and utilities +3.89%, followed by capital goods at +3.14% and transportation at +3.04%, all computed here from each constituent's official close. The slowest groups still gained: commercial and professional services rose 1.17%, energy 1.33% and consumer staples retailing 1.46%. Banks averaged 1.77% and materials 1.90%.
The move was carried by the largest names as well as the small ones. Saudi National Bank rose 2.74% to SAR 37.50 ($10.00) on SAR 430.6 million of turnover, about $114.8 million and the heaviest on the exchange, Al Rajhi added 2.24% to SAR 61.50 ($16.40) on SAR 355.1 million. Those two banks alone turned over SAR 785.7 million, about $209.5 million, or 17.5% of the session's total, a share computed here from the exchange's own figures. Ma'aden gained 4.14% to SAR 57.90 ($15.44) and Saudi Aramco 0.31% to SAR 26.24 ($7.00). Five Main Market names gained 9.8% or more: Malath Insurance +10.00% to SAR 9.02 ($2.41), GASCO Holding 9.98%, Alamar 9.96%, Naseej 9.93% and CGS 9.84%, the last of those a day after it fell 9.90%. The declines were few: 24 names fell, among them Yanbu Cement at -3.87% to SAR 12.90 ($3.44), Alramz 2.13% and Saudi Printing and Packaging 1.81%.
In filings dated November 2, FIPCO renewed SAR 43.6 million of credit facilities with Riyad Bank (about $11.6 million), Miahona completed its acquisition of Shas Water for SAR 95 million (about $25.3 million), Zahrat Al Waha set out a SAR 41 million expansion plan (about $10.9 million), and Herfy told the exchange it expects a 1.2% rise in annual costs from the electricity and water price increase.
Nomu added 0.37% to 21,527.63 on SAR 14.3 million of turnover, about $3.8 million, with 36 names up and 28 down on the parallel board. Amwaj International closed limit up at SAR 12.10 ($3.23), Tam Development gained 8.39% and Al Muneef 7.99%, while HKC fell 10.07% and MSGA 9.83%.
| INDEX | CLOSE | CHANGE | TURNOVER |
|---|---|---|---|
| TASI | 10,038.89 | +1.65% | SAR 4.48bn / $1.20bn |
| Nomu | 21,527.63 | +0.37% | SAR 14.3m / $3.8m |
Sources
Saudi Exchange end-of-day market data for November 4, 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 November 2, 2026. Sector averages and index breadth are calculated here from those closing prices, and the company profile figures come from the company's own disclosure and listing page.
Company Of The Day
The banking sector rose 1.77% on Wednesday, a touch ahead of the index, and its third heaviest traded name was a mid-tier lender: Alinma Bank, ticker 1150, gained 1.40% to SAR 21.66 ($5.78) on SAR 115.2 million of turnover, about $30.7 million.
Alinma runs retail, corporate and treasury banking, with wealth management through Alinma Investment, and it has built its deposit and lending base on digital onboarding rather than branch count. That matters for how the shares behave: a branch-light bank carries a lower cost base but depends on deposit pricing and on corporate lending into the same private sector investment cycle that has driven the corporate banks.
Learn more by visiting their official website at https://www.alinma.com