Stock Markets March 17, 2026

Tadawul edges higher as Media, Energy and Real Estate names lead gains

Saudi stocks close up 0.55% as select property, utilities and petrochemical names rally; insurance stock hits five-year low

By Hana Yamamoto
Tadawul edges higher as Media, Energy and Real Estate names lead gains

Saudi Arabia's primary equity gauge, the Tadawul All Share, finished Tuesday's session up 0.55%, with strength concentrated in Media & Publishing, Energy & Utilities and Real Estate Development sectors. Several individual stocks recorded double-digit swings in percentage terms, while one insurer fell to a five-year low. Oil and other commodity prices moved higher alongside a small uptick in the US dollar index futures.

Key Points

  • Tadawul All Share closed up 0.55%, led by gains in Media & Publishing, Energy & Utilities and Real Estate Development sectors.
  • Top individual performers included Dar Al Majed Real Estate (TADAWUL:4326) +8.62%, Emaar The Economic City (TADAWUL:4220) +8.28%, and National Gas & Industrialization (TADAWUL:2080) +6.56%.
  • Notable downside moves included Al Etihad Cooperative Insurance (TADAWUL:8170) falling 9.93% to a five-year low, Marketing Home Group (TADAWUL:4194) down 4.46%, and Yanbu National Petrochemical (TADAWUL:2290) down 3.83%.

Saudi Arabia's stock market closed higher on Tuesday, with the Tadawul All Share index gaining 0.55% as activity was led by gains in the Media & Publishing, Energy & Utilities and Real Estate Development sectors.

Among individual performers, Dar Al Majed Real Estate Co Ltd (TADAWUL:4326) was the session's top gainer, rising 8.62% - an increase of 0.73 points - to finish at 9.20. Emaar The Economic City (TADAWUL:4220) followed closely, adding 8.28% or 0.77 points to close at 10.07. National Gas & Industrialization Co (TADAWUL:2080) also recorded notable strength, advancing 6.56% or 4.80 points to end the day at 78.00.

On the downside, Al Etihad Cooperative Insurance Co SJSC (TADAWUL:8170) declined 9.93% - a fall of 0.71 points - to close at 6.44. The move marked a drop to five-year lows for the insurer. Marketing Home Group for Trading Co (TADAWUL:4194) fell 4.46% or 2.16 points to finish at 46.22, while Yanbu National Petrochemical Co (TADAWUL:2290) slipped 3.83% or 1.28 points to end at 32.12.

Market breadth was recorded as follows: "Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 0 to 0." This unusual phrasing was reported as part of the session summary.


Commodities and currency movements accompanied the equity session. Crude oil for May delivery rose 2.95% or $2.73 to $95.19 a barrel. Brent oil for May settlement was up 2.39% or $2.40, reaching $102.61 a barrel. In precious metals, the April Gold Futures contract increased 0.40% or $20.09 to trade at $5,022.29 a troy ounce.

In currency trading, EUR/SAR was reported up 0.19% at 4.32, while USD/SAR was effectively unchanged, rising 0.06% to 3.75. The US Dollar Index Futures was recorded up 0.02% at 99.49.

The session reflected selective strength across property, energy and utilities names, alongside continued sensitivity to movements in global commodities. The market moves and commodity prices cited above are those reported for the session and provide the basis for the day's performance summary.

Risks

  • Volatility in key commodity markets - oil and gold prices moved higher during the session, which can influence Energy & Utilities and related sectors.
  • Sharp declines in individual names - the insurance sector saw a pronounced drop with Al Etihad Cooperative Insurance reaching a five-year low, indicating company-specific downside risk for insurers.
  • Market breadth reporting anomaly - the session noted that falling stocks outnumbered advancing ones by 0 to 0, a data point that may reflect reporting or classification uncertainty rather than clear breadth direction.

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