Stock Markets February 16, 2026

Tadawul slips as hotels, energy and construction names weigh on market

Broad selling left decliners more than double advancers as select stocks posted sharp moves in either direction

By Nina Shah
Tadawul slips as hotels, energy and construction names weigh on market

Saudi Arabia's equity benchmark closed lower on Monday, with the Tadawul All Share finishing down 0.40%. Losses were concentrated in the Hotels & Tourism, Energy & Utilities and Building & Construction sectors. Market breadth was negative, with 241 stocks falling versus 92 advancing and 19 unchanged. Several individual issues registered large intraday moves, including new multi-year and all-time lows for two names.

Key Points

  • Tadawul All Share closed down 0.40% as sector losses in Hotels & Tourism, Energy & Utilities and Building & Construction weighed on the market.
  • Market breadth was negative: 241 stocks declined, 92 advanced and 19 were unchanged.
  • Notable stock moves included Maharah for Human Resources up 7.26% and Arabian Internet and Communications Services Co down 8.01%; Jahez International closed at an all-time low.

Saudi Arabia's stock market ended the trading day in negative territory on Monday, with the Tadawul All Share index down 0.40% at the close. Sector weakness in Hotels & Tourism, Energy & Utilities and Building & Construction was a key driver of the broader decline.

Market internals showed clear pressure: 241 stocks fell, 92 advanced and 19 finished unchanged on the exchange. The distribution of declines across a range of sectors contributed to the modest index drop.

At the individual stock level, the session's top performer was Maharah for Human Resources (TADAWUL:1831), which rallied 7.26% - a gain of 0.44 points - to close at 6.50. Arabian Cement Co (TADAWUL:3010) also recorded a strong move, adding 6.27% or 1.34 points to finish at 22.71. Media group Saudi Research and Marketing Group (TADAWUL:4210) rose 4.30%, up 4.30 points to 104.30 in late trade.

On the downside, Arabian Internet and Communications Services Co CSJC (TADAWUL:7202) led decliners, sliding 8.01% - down 18.10 points - to close at 207.80. Jahez International Company for Information Systems Technology SCJSC (TADAWUL:6017) dropped 5.61% or 0.76 points to 12.79, settling at an all-time low. Insurance name Al-Rajhi Cooperative Insurance (TADAWUL:8230) fell 4.46%, a loss of 3.50 points, to 75.00.

The trading day also featured notable low-price milestones: Arabian Internet and Communications Services Co closed at a three-year low, while Jahez International ended at an all-time low. These moves underscore idiosyncratic pressure in select technology and communications-related issues during the session.

Commodity markets registered mixed moves that coincided with the local equity action. Crude oil for April delivery rose 0.24% or 0.15 to $62.90 a barrel, while Brent for April delivery gained 0.27% or 0.18 to $67.93 a barrel. Precious metals were weaker: the April Gold Futures contract fell 0.40% or 20.24 to trade at $5,026.06 a troy ounce.

Foreign exchange pairs involving the Saudi riyal were essentially stable at the close. EUR/SAR shifted 0.09% to 4.45, and USD/SAR registered no change at 3.75. On the U.S. front, the US Dollar Index Futures was up 0.12% at 96.94.


Summary of session data is consistent with a market where sector-led losses and a negative breadth picture produced a modest index decline. Individual large percentage moves were concentrated in several small- to mid-cap issues, while energy-related commodity prices edged higher during the trading day.

Risks

  • Concentration of losses in Hotels & Tourism, Energy & Utilities and Building & Construction could amplify sector-specific downside - these sectors underpinned the market weakness.
  • Sharp share-price declines and new lows in individual names (three-year low for Arabian Internet and all-time low for Jahez International) indicate elevated idiosyncratic risk for those issuers.
  • Volatility in commodity prices, including oil and gold, may affect energy-related stocks and investor sentiment given the observed moves in crude and Brent futures.

More from Stock Markets

Indigenous Occupation Halts Operations at Cargill’s Santarem Terminal Feb 21, 2026 Market Turbulence Reinforces Case for Broader Diversification Feb 21, 2026 NYSE Holdings UK Ltd launches unified trading platform to streamline market access Feb 21, 2026 Earnings Drive Weekly Winners and Losers as Buyout Headlines Lift Masimo Feb 21, 2026 Barclays Sees 'Physical AI' Scaling to Hundreds of Billions by 2035 Feb 21, 2026