Riyadh, Saudi Arabia — The TASI July 2 daily report reflects a muted session in the Saudi stock market, with the index gaining 8.04 points to close at 11,129.64. Despite early volatility, trading settled into a narrow range as investors balanced selective buying in small caps with profit-taking in industrial and transport stocks.
TASI July 2 Market Activity Snapshot
The TASI opened at 11,129.76, reached an intraday high of 11,159.44, and dipped to a low of 11,095.94 before closing marginally higher at 11,129.64.
Trading covered 256 companies. A total of 330.3 million shares changed hands across 499,333 transactions. Turnover reached SAR 5.41 billion, while market capitalization stood at SAR 9.18 trillion.
TASI July 2 Top Gainers and Losers
Top Gainers:
- BAAN: +9.73% (SAR 2.48) – 30.58M shares
- SIECO: +7.66% (SAR 2.39) – 15.32M shares
- Almunajem: +5.77% (SAR 77.00) – 445K shares
- SISCO Holding: +4.57% (SAR 34.30) – 2.37M shares
- BinDawood: +4.55% (SAR 6.44) – 5.95M shares
Losers:
- Buruj: −3.24% (SAR 17.92) – 155K shares
- SIDC: −3.07% (SAR 30.90) – 498K shares
- Bahri: −3.06% (SAR 23.75) – 1.83M shares
- Liva: −2.89% (SAR 13.12) – 68K shares
- SASCO: −2.78% (SAR 61.25) – 201K shares
Most Active Tadawul Stocks by Volume and Value
By Volume:
- Americana: 45.87M shares – +3.00% (SAR 2.40)
- BAAN: 30.58M shares – +9.73% (SAR 2.48)
- BATIC: 18.50M shares – +1.69% (SAR 2.40)
- Chemical: 15.45M shares – +3.79% (SAR 7.40)
- SIECO: 15.32M shares – +7.66% (SAR 2.39)
By Value:
- Saudi Aramco: SAR 364.9M – +0.78% (SAR 24.55)
- SABIC: SAR 329.0M – +1.63% (SAR 56.00)
- Al Rajhi Bank: SAR 219.0M – 0.16% (SAR 94.65)
- Cenomi Retail: SAR 188.6M – 0.68% (SAR 26.40)
- BJAZ: SAR 178.9M – 0.87% (SAR 12.48)
Day‑Over‑Day TASI Comparison: Market Holds Range as Traders Reposition
After slipping for two straight sessions, the TASI July 2 report shows the index rebounded slightly by 8.04 points to close at 11,129.64. Despite early volatility, the index stayed within a tight trading range.
Turnover remained moderate at SAR 5.41 billion, while volumes increased to 330.3 million shares, signaling cautious repositioning rather than aggressive buying. Gains in speculative stocks, such as BAAN and SIECO, balanced weakness in transport and defensive names.
The index’s ability to hold near key support levels suggests market participants are awaiting stronger catalysts before committing to broader moves.
The Saudi Standard’s View: TASI July 2 Reflects Cautious Trading and Selective Optimism
The TASI July 2 report highlights a market in consolidation mode. Investors displayed selective optimism despite the absence of clear macroeconomic catalysts. Gains in speculative small caps, such as BAAN and SIECO, alongside steady flows into energy and chemicals, indicate confidence in sectors aligned with Vision 2030 trends.
Meanwhile, weakness in transport and shipping names, including Bahri and SIDC, reflects caution regarding external headwinds. Despite modest index movement, active trading suggests market participants are repositioning while respecting key technical levels.
For broader momentum to develop, stronger participation from large-cap companies and sector-wide engagement will be necessary. Until then, short-term trades and defensive positioning are likely to dominate as investors await clearer signals from oil markets, corporate earnings, and regional developments.
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