Riyadh, Saudi Arabia — The Saudi stock market eased on July 9, with TASI falling 16.34 points (0.14%) to close at 11,277.73. The dip came despite solid speculative activity, weighed down by weakness in large-cap names like ACWA Power and TECO.

Saudi Stock Market July 9: TASI Daily Snapshot

The index opened at 11,291.56, climbed to 11,297.93, then slipped to 11,238.45 before settling at 11,277.73. Trading involved 256 companies, with 347.3 million shares exchanging hands across 513,023 transactions. The total traded value reached SAR 5.49 billion. Market capitalization dropped to SAR 9.30 trillion.

 

Saudi Stock Market July 9: Top Gainers and Decliners

 

Top Gainers

  • Masar surged 8.62% (SAR 26.70) – 13.6M shares
  • Al Akaria rose 7.68% (SAR 20.89) – 3M shares
  • Retal gained 6.62% (SAR 16.10) – 3M shares
  • Cenomi Retail jumped 5.63% (SAR 29.66) – 7.7M shares
  • Aslak added 5.38% (SAR 24.88) – 318K shares

Losers

  • Alinma Retail REIT: −3.53% (SAR 4.64)
  • 2P: −3.17% (SAR 11.31)
  • Saudi Cable: −3.15% (SAR 138.50)
  • TECO: −3.13% (SAR 0.93)
  • ACWA Power: −3.11% (SAR 249.00)

 

Trading Volume Leaders

 

By Volume:

  • TECO: 113M shares – 3.13%
  • Americana: 19.9M shares – 1.30%
  • Masar: 13.6M shares – +8.62%
  • BATIC: 13.6M shares – +0.40%
  • Jabal Omar: 12.7M shares – +3.78%

By Value:

  • Masar: SAR 356.3M – +8.62%
  • Jabal Omar: SAR 264.3M – +3.78%
  • Cenomi Retail: SAR 225.4M – +5.63%
  • Cenomi Centers: SAR 213.7M – 0.95%
  • SABIC: SAR 190.8M – 0.18%

 

Day‑Over‑Day TASI Comparison: Index Dips Despite Gains in Mid-Caps

TASI retreated by 16.34 points on July 9 after a strong performance in the previous session. Volume remained relatively stable at 347.3 million shares, driven by heavy speculative trading in TECO. It renewed interest in mid-caps like Masar and Retal. The modest pullback signals consolidation, as traders digested recent gains and rotated into real estate and retail-linked stocks.

 

 

The Saudi Standard’s View: Market Pauses Amid Mixed Large-Cap Signals

The July 9 TASI daily report reflects a market taking a breather after sustained upward momentum. Gains in retail, real estate, and second-tier stocks supported broader sentiment. However, weakness in major names such as ACWA Power and TECO trimmed overall index strength.

The rise of Masar and Jabal Omar, along with value inflows into Cenomi Retail and Cenomi Centers, signals sector rotation toward domestically driven growth stories. While the dip in TASI is minor, continued caution around large caps suggests that the next directional move will depend on macroeconomic drivers, such as oil prices and global risk appetite. A hold above 11,250 points would keep the short-term uptrend intact.

 

Related: Browse Saudi investment news and trends.

Learn more about Saudi market trading volume trends and the performance of large-cap companies.