TASI June 4: Saudi Stocks Rally as Index Breaks 11,000 Barrier

Riyadh, Saudi Arabia — On TASI June 4, the Saudi stock market recorded a significant rebound, with the TASI index gaining 172.10 points (+1.59%) to close at 11,004.53. This performance pushed the Tadawul TASI benchmark above a key psychological level, driven by broad-based gains and institutional flows. A total of 254 companies traded hands, with 183.27 million shares exchanged, valued at SAR 4.62 billion across 458,801 transactions.

 

Top Gainers on TASI June 4 Reflect Strategic Sector Demand

Leading the gainers list were:

  • SIIG: +7.03% to SAR 17.36
  • ACWA Power: +6.72% to SAR 269.80
  • Al Babtain: +5.40% to SAR 51.70
  • Tabuk Cement: +5.25% to SAR 11.22
  • Burgerizzr: +4.94% to SAR 17.00

These gains underscore renewed investor focus on industrials and energy transition plays—sectors central to Vision 2030.

 

TASI Index Decliners: SSP, SRMG Lead Pullbacks

Not all stocks participated in the rally. Among the top losers on TASI June 4 were:

  • SSP: -6.33% to SAR 56.20
  • SRMG: -2.26% to SAR 147.00
  • Jadwa REIT Saudi: -2.13%
  • Al Dawaa: -2.11%
  • Al Ma’athar REIT: -2.04%

These pullbacks were concentrated in the media, healthcare, and real estate investment trust (REIT) segments.

 

Tadawul TASI June 4 Most Active Stocks by Volume and Value

Most active by volume:

  • Americana: 15.14M shares (-0.95%)
  • Saudi Aramco: 11.28M shares (-0.08%)
  • EIC: 11.02M shares (+2.69%)
  • SNB: 6.73M shares (+0.88%)
  • Al Rajhi Bank: 6.14M shares (+3.67%)

Most active by value:

  • Al Rajhi Bank: SAR 567.9M
  • Saudi Aramco: SAR 280.2M
  • SNB: SAR 230.8M
  • STC: SAR 159.4M
  • ACWA Power: SAR 148.2M

This trading pattern reflects concentrated institutional activity in large-cap financial and energy names.

 

The Saudi Standard’s View: Rotation into Defensive Leaders Signals Market Recalibration

TASI’s 1.59% advance to 11,004 reflects a recalibration in market positioning as capital rotates into high-liquidity, dividend-paying equities. Notably, Al Rajhi Bank and Saudi Aramco dominated trading by value, indicating that institutional investors continue to favor names offering earnings stability and cash flow visibility in an uncertain macroeconomic backdrop.

ACWA Power’s 6.7% gain and SIIG’s 7% surge signal growing conviction in strategic sectors tied to Vision 2030. Investors are increasingly pricing in long-term infrastructure demand and industrial self-sufficiency. These moves suggest not a short-term rally but a structural tilt toward companies aligned with national transformation priorities.

Broader participation across 254 traded companies, alongside gains in industrials, materials, and banking, points to improving market breadth. The breach of the 11,000 level, especially on substantial volume, may serve as a technical confirmation of near-term bullish sentiment.

With no signs of speculative froth, today’s action illustrates a methodical risk-on sentiment. The shift toward quality assets and reform-aligned sectors reinforces TASI’s role as a maturing, fundamentals-driven benchmark in the GCC investment landscape.