Riyadh, Saudi Arabia — The Saudi stock market rebounded sharply on July 30, with the Tadawul All Share Index (TASI) gaining 90.47 points to close at 10,914.38, an increase of 0.84%. The rally was supported by gains in large-cap stocks and heavy trading in speculative counters, helping the market recover from recent losses.

TASI Daily Report July 30: Market Snapshot

TASI opened at 10,818.94 and climbed steadily to a session high of 10,914.38, with the low of the day recorded at 10,779.11. The index closed at its peak, signaling strong buying momentum. Trading activity surged, with 677.61 million shares exchanged through 453,856 transactions. Total traded value reached SAR 4.32 billion, and market capitalization rose to SAR 9.03 trillion.

 

Top Gainers:

  • Thimar: +10.00% (SAR 34.98) – 514K shares
  • ACWA Power: +5.92% (SAR 223.50) – 927K shares
  • HB: +4.38% (SAR 43.82) – 373K shares
  • Tanmiah: +4.30% (SAR 91.00) – 44K shares
  • AICC: +4.02% (SAR 11.65) – 144K shares

 

Top Losers:

  • Sport Clubs: −7.17% (SAR 10.23) – 23.33M shares
  • Nahdi: −5.53% (SAR 123.10) – 347K shares
  • Baan: −4.00% (SAR 2.40) – 40.76M shares
  • SMC Healthcare: −3.78% (SAR 19.60) – 1.12M shares
  • Alandalus: −2.45% (SAR 19.53) – 69K shares

 

Tadawul Most Active Stocks July 30

 

By Volume:

  • TECO: 433.64M shares – 2.02% (SAR 0.97)
  • Baan: 40.76M shares – −4.00% (SAR 2.40)
  • Americana: 36.88M shares – 1.33% (SAR 2.22)
  • Sport Clubs: 23.33M shares – 7.17% (SAR 10.23)
  • Saudi Aramco: 11.91M shares – +0.29% (SAR 24.24)

 

By Value:

  • TECO: SAR 433.38M – −2.02% (SAR 0.97)
  • Saudi Aramco: SAR 288.20M – +0.29% (SAR 24.24)
  • Sport Clubs: SAR 246.78M – 7.17% (SAR 10.23)
  • Al Rajhi Bank: SAR 236.50M – +1.07% (SAR 94.50)
  • ACWA Power: SAR 202.20M – +5.92% (SAR 223.50)

 

Sector Momentum and Key Trends

The rally was fueled by strong performance in power, banking, and select industrials. ACWA Power surged nearly 6%, supported by robust investor demand. At the same time, Al Rajhi Bank and Saudi Aramco added weight to the index’s upward movement. Despite the broader uptrend, Sport Clubs and Baan faced sharp sell-offs following speculative volatility. TECO once again dominated trading activity, accounting for over 430 million shares and leading in value. The close at session highs suggests renewed confidence ahead of earnings season and macroeconomic developments.

 

THE SAUDI STANDARD’S VIEW: TASI’s Sharp Rebound on July 30 Reflects Renewed Investor Confidence and Large‑Cap Strength

The Tadawul All Share Index’s 0.84% gain on July 30, pushing to 10,914.38, demonstrates a recalibration of sentiment in favor of large-cap stability and measured speculative activity, firmly anchoring investor confidence ahead of key macro and earnings developments.

  • A strong rally across heavyweight stocks, notably ACWA Power (+5.9%), Al Rajhi Bank, and Saudi Aramco, provided the foundation for the market rebound. This underscores the enduring influence of foundational sectors amid broader sentiment shifts.
  • High trading volumes—677 million shares across 453,856 trades—were buoyed by selective speculative momentum, most notably in TECO, while sharply correcting names like Sport Clubs and Baan witnessed outsized sell-offs, reflecting disciplined reallocations rather than systemic panic.
  • The recovery in TASI’s market capitalization to SAR 9.03 trillion and the index’s close at session highs signal renewed demand, as investors appear to be positioning proactively ahead of upcoming earnings and regional macro updates.
  • Volume-weighted interest remained concentrated in both traditional giants and dynamic small-cap names, reaffirming liquidity depth and behavioral diversity across Saudi Arabia’s capital markets.

This rebound marks more than a technical recovery—it is a reflection of structural resilience in Saudi equities. With large caps holding firmly and speculative trades being managed judiciously, the market is exhibiting the kind of mature valuation discipline and forward momentum that aligns with Vision 2030’s goals for deeper, more sophisticated capital markets.