Overview:
The Saudi stock market held steady Sunday morning despite early losses, with the Tadawul index trading at 10,054 points—down 0.35% at 11:05 am Riyadh time. Trading volume reached 1.07 billion riyal across 76.9 million shares. Market capitalization for listed companies stood at 9.22 trillion riyal, equivalent to 2.45 trillion dollars.
Details:
Positive momentum characterized the session as 153 of 273 listed companies gained value, outpacing 101 decliners. Shares in Nesij, Saudi-German Healthcare, CGS, Intaj, and Enayah led gainers with increases ranging between 7 and higher. Trading value of 1.07 billion riyal reflected investor activity despite the modest overall decline.
Separately, residential real estate financing from financing companies grew 8 percent in the third quarter of 2026 compared to the same period in 2025, reaching 604 million riyal versus 559 million riyal year-on-year. Financing for villas reached 210 million riyal in Q3 2026, slightly below the prior-year quarter's 211 million riyal.
In regional transport infrastructure, Gulf Cooperation Council states signed an agreement Sunday in Manama to establish a unified framework for executing a joint railway project. The initiative has reached 55.9 percent completion, with full operations targeted for December 2030. GCC Secretary General Jasem Mohammed Al-Budairi confirmed the agreement establishes a common structure governing member states' obligations in implementing and operating the integrated network.
Outlook:
Investors are monitoring whether positive sector breadth in equities will sustain momentum as real estate financing shows modest gains. Regional infrastructure developments, particularly the railway project's progress toward 2030 completion, may support longer-term investor confidence in GCC economic integration.