Riyadh, Saudi Arabia — The TASI daily report June 16 shows the Saudi stock market posting a strong rebound, with the index rising 1.26% to close at 10,867.04. The gains were led by energy, insurance, and infrastructure-linked sectors, reflecting investor optimism despite subdued trading activity.

TASI Daily Report June 16: Market Activity Snapshot

TASI opened at 10,755.90, reached a high of 10,925.78, and dropped to a low of 10,753.83 before closing significantly higher. Market participation included 260.5 million shares traded across 525,601 transactions, representing 254 companies, with total value traded of SAR 4.88 billion.

Sector Highlights in the TASI Daily Report June 16

 

Top Gainers:

  • Red Sea: +10.00% (SAR 36.85) – 819,540 shares

  • Chubb: +9.98% (SAR 33.60) – 206,798 shares

  • NGC: +9.97% (SAR 19.42) – 372,990 shares

  • Enaya: +8.02% (SAR 9.29) – 257,482 shares

  • ACWA Power: +6.94% (SAR 262.00) – 789,077 shares

Top Losers:

  • MBC Group: −3.11% (SAR 35.80) – 2.09M shares

  • Sulaiman Alhabib: −2.30% (SAR 255.00) – 244K shares

  • Gulf Union Alahlia: −1.63% (SAR 14.52) – 234K shares

  • MESC: −1.13% (SAR 30.55) – 498K shares

  • Fakeeh Care: −0.75% (SAR 39.85) – 1.03M shares

 

Tadawul Index June 16: Most Active Stocks by Volume and Value

 

By Volume:

  • Americana: 64.8M shares – +1.96% (SAR 2.08)

  • Saudi Aramco: 14.7M shares – −0.39% (SAR 25.30)

  • TECO: 10.7M shares – +1.35% (SAR 0.75)

  • Al Baha: 10.4M shares – +4.04% (SAR 3.35)

  • BATIC: 8.4M shares – +2.90% (SAR 2.13)

By Value:

  • Saudi Aramco: SAR 372.3M – −0.39%

  • Al Rajhi Bank: SAR 338.0M – +1.54% (SAR 92.60)

  • ACWA Power: SAR 195.9M – +6.94%

  • Alinma Bank: SAR 165.5M – −0.40% (SAR 25.20)

  • SABIC Agri‑Nutrients: SAR 159.9M – +5.17% (SAR 103.80)

 

 

The Saudi Standard’s View: Defensive Rotation Amid Low Liquidity

June 16’s TASI daily report reveals a market cautiously rotating toward defensive and infrastructure-linked stocks amid subdued liquidity. The session’s modest gains and narrow breadth reflect a wait-and-see approach, with investors selectively repositioning around stable, dividend-yielding equities and firms aligned with public sector projects.

The sharp gains in Red Sea, Chubb, and ACWA Power suggest renewed interest in sectors with predictable cash flows or strategic relevance to Vision 2030. Meanwhile, the strong showing by ACWA Power hints at investor confidence in the Kingdom’s energy transition agenda, particularly as global sentiment toward renewables stabilizes.

Despite light trading volume, the active presence of institutional anchors such as Saudi Aramco and Al Rajhi indicates confidence remains intact at the top tier. This stratified engagement underscores a cautious optimism—one rooted not in broad-based enthusiasm, but in selective conviction.

Looking ahead, sustained momentum will likely depend on a pickup in market breadth, firmer liquidity, and external macro indicators such as oil price stability and regional policy clarity. For now, the market signals defensive consolidation rather than speculative expansion.