TASI Adds 0.61% As 232 Names Advance
The main index closed at 10,168.10 with 232 Main Market advancers against 31 decliners, banks offset a 1.92% fall in Aramco, and turnover reached SAR 4.91 billion.
The Saudi main index rose 0.61% on Tuesday to 10,168.10, a gain of 61.38 points, on SAR 4.91 billion (about $1.31 billion) of turnover across 463,075 trades.
Breadth widened sharply from Monday, when 179 closed higher and 80 lower: on the Main Market, 232 closed higher against 31 lower, with 10 unchanged. The index traded between 10,097.54 and 10,181.43 and sits 7.73% above the October 25 low of 9,438.50 and 12.26% below the April 15 high of 11,589.05. Nomu rose 0.77% to 21,853.59, where 44 names gained and 26 fell.
Index Performance
| INDEX | CLOSE | CHANGE | TURNOVER |
|---|---|---|---|
| TASI | 10,168.10 | +0.61% | SAR 4.91bn / $1.31bn |
| Nomu | 21,853.59 | +0.77% | SAR 20.7m / $5.5m |
The gain came without the market's largest stock. Aramco fell 1.92% to SAR 25.60 ($6.83) on SAR 437 million, the heaviest turnover of the session, and Ma'aden dropped 2.40% to SAR 57.00 ($15.20) on SAR 105 million.
Banks supplied the offset. Al Rajhi rose 2.57% to SAR 63.85 ($17.03) on SAR 395 million, Saudi National Bank added 0.79% to SAR 38.38 ($10.23) on SAR 237 million, and Alinma gained 1.34% to SAR 21.88 ($5.83) on SAR 103 million.
Two more companies put a number on the utility tariff increase. Zoujaj told Tadawul that the adjustments lift its annual cost of revenue by about 1.73% of total cost of sales from the first quarter of 2027. Almunajem Foods estimated the effect at about 0.08% of net revenue, measured against its audited 2025 statements. Both are company estimates, not reported results.
Three financing and capital items also landed. Avalon Pharma signed a SAR 60 million (about $16.0 million) facility with the Saudi Industrial Development Fund. Zahrat Al Waha secured SAR 50 million (about $13.3 million) from Al Rajhi Bank. Saudi Azm approved a buyback of 3.6 million shares for an employee program.
Among single names, ASLAK gained 9.97% to SAR 18.86 ($5.03) and Retal Urban Development 9.96% to SAR 7.51 ($2.00). Nomu traded SAR 20.74 million (about $5.53 million), still a fraction of the main board's value.
Sources
Saudi Exchange end-of-day market data for November 10, 2026, which supplies the index closes, turnover, volume, breadth and every per-share figure in this issue. Company statements are the companies' own disclosures to the exchange. Breadth counts every instrument on the exchange's Main Market list, the same basis the exchange and SPA report, and Nomu is stated separately. Share moves are quoted for the single session named, and no sector aggregate is published here.
Company Of The Day
Electrical Industries Co. (1303) makes and supplies electrical equipment in the Kingdom and sits in the exchange's Capital Goods group, a segment tied to construction, utilities and industrial spending rather than to the oil price directly.
It closed Tuesday at SAR 10.90 ($2.91), up 5.83%, on SAR 103.5 million ($27.6 million) of turnover across 9.6 million shares and 9,533 trades, the sixth heaviest line in the market.
Learn more by visiting their official website at https://www.eic.com.sa.
Dividend Dates And Rights Issues
Al-Babtain Power and Telecommunication carries a dividend eligibility date of November 15 at SAR 0.50 ($0.13) a share; Aramco's follows on November 16 at SAR 0.3393 ($0.09). The offering pipeline adds SAUDI CABLE as a rights issue, alongside RAYDAN, TAKWEEN, SPPC and Gulf General.