Stock Markets February 24, 2026

Saudi Stocks Retreat; Tadawul All Share Ends Day Down 0.71% at One-Month Low

Media & Publishing, Hotels & Tourism and Building & Construction lead declines as several individual names post pronounced moves

By Jordan Park
Saudi Stocks Retreat; Tadawul All Share Ends Day Down 0.71% at One-Month Low

Saudi Arabia's equity market closed lower on Tuesday, with the Tadawul All Share slipping 0.71% to a new one-month low. Sector losses in Media & Publishing, Hotels & Tourism and Building & Construction weighed on the market, while individual winners and losers produced sizable percentage swings. Commodity and currency benchmarks showed mixed movement alongside the equity sell-off.

Key Points

  • Tadawul All Share fell 0.71% to a one-month low, led by weakness in Media & Publishing, Hotels & Tourism and Building & Construction.
  • Notable winners included National Medical Care Company (TADAWUL:4005), SHL Financing (TADAWUL:1183) and Saudi Steel Pipe (TADAWUL:1320); significant losers were Saudi Enaya (TADAWUL:8311), Saudi Fisheries (TADAWUL:6050) and Arabian Contracting Services (TADAWUL:4071).
  • Commodity and FX moves were mixed: Brent and WTI crude rose modestly, gold futures fell, and EUR/SAR and USD/SAR were largely unchanged.

Saudi Arabia's stock market finished the trading session lower on Tuesday as declines in several key sectors pushed the benchmark down. The Tadawul All Share fell 0.71% by the close, marking a fresh one-month low for the index.

Sector performance was uneven, with the Media & Publishing, Hotels & Tourism and Building & Construction groups registering notable weakness and contributing to the market-wide retreat. Within the broader index, a small group of stocks outperformed while a larger number of listings fell in value.

Top performers in the session included National Medical Care Company (TADAWUL:4005), which gained 3.88% - a rise of 4.80 points - to finish at 128.40. SHL Financing Company SJSC (TADAWUL:1183) was up 3.09% or 0.50 points, closing at 16.70. Saudi Steel Pipe Company (TADAWUL:1320) also posted a positive return, advancing 2.72% or 1.02 points to 38.56 at the close.

On the downside, Saudi Enaya Cooperative Insurance (TADAWUL:8311) dropped 9.98%, a fall of 0.80 points, ending the day at 7.22. Saudi Fisheries Co. (TADAWUL:6050) declined sharply by 9.33% or 5.00 points to close at 48.60, while Arabian Contracting Services Company CJSC (TADAWUL:4071) was down 6.88% or 7.90 points to 107.00.

Decliners outnumbered advancers on the Saudi stock exchange by a wide margin: 271 stocks fell, 56 advanced, and 14 were unchanged.

Saudi Fisheries Co. (TADAWUL:6050) registered a notable low, with shares falling to a five-year trough as they moved down to 48.60, matching the 9.33% decline noted above.

Commodity markets were mixed during the session. Crude oil for April delivery rose 0.35% or $0.23 to $66.54 a barrel. Brent crude for May delivery increased 0.25% or $0.18 to $71.29 a barrel. In precious metals, the April Gold Futures contract retreated 0.95% or $49.56 to trade at $5,176.04 a troy ounce.

Currency pairs involving the Saudi riyal were largely unchanged in the session: EUR/SAR moved by 0.07% to 4.42, and USD/SAR was steady with a 0.01% change to 3.75. The US Dollar Index Futures ended the session higher by 0.22% at 97.85.

Overall, market breadth favored declines and several individual issues recorded material percentage moves, while commodity and FX benchmarks showed modest shifts by the close.

Risks

  • Market breadth was negative with 271 decliners versus 56 advancers, indicating downside pressure across multiple sectors including Media & Publishing, Hotels & Tourism and Building & Construction.
  • Individual stock risk is elevated for firms with large percentage moves; Saudi Fisheries (TADAWUL:6050) declined to a five-year low, reflecting company-specific downside in the seafood sector.
  • Commodities and currency fluctuations may continue to influence market sentiment, given modest gains in crude oil and a decline in gold futures during the session.

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