‎A look back at TASI’s sharpest daily rises since 2008

‎A look back at TASI’s sharpest daily rises since 2008 ‎A look back at TASI’s sharpest daily rises since 2008

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Tadawul trading screen

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) recorded today, Sept. 24, its biggest percentage gain since 2020, closing with a significant 5.1% gain at 11,437 points. It also achieved its steepest points increase since 2014, at approximately 550 points.

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The market rally came after Bloomberg reported that the Capital Market Authority was considering allowing foreign investors to own majority stakes in listed companies.

With today’s rise, TASI extended its winning streak to six sessions, adding nearly 1,000 points, or almost 10%.

TASI’s Biggest Rises since 2008

Period

Index Open

Index Close

Change (points)

Change (%)

Nov. 29, 2008

4424

4845

+421

+9.5%

Oct. 13, 2008

5815

6365

+551

+9.5%

Dec. 18, 2014

7639

8321

+682

+8.9%

Aug. 25, 2015

7025

7543

+518

+7.4%

Oct. 14, 2008

6365

6829

+464

+7.3%

March 5, 2011

5323

5710

+387

+7.3%

March 10, 2020

6316

6762

+447

+7.1%

Sept. 28, 2008

6993

7459

+465

+7.6%

Nov. 24, 2008

4265

4529

+265

+6.2%

Nov. 1, 2008

5538

5871

+333

+6.0%

April 7, 2007

7716

8140

+424

+5.5%

June 21, 2017

6953

7335

+382

+5.5%

May 29, 2010

5862

6176

+314

+5.4%

Oct. 28, 2008

5339

5622

+283

+5.3%

April 4, 2009

4717

4966

+249

+5.3%

Aug. 23, 2008

8464

8902

+438

+5.2%

Today, Sept. 24

10876

11426

+550

+5.1%

Jan. 24, 2009

4557

4787

+230

+5.0%

Jan. 5, 2008

10722

11260

+538

+5.0%

With 971,000 transactions completed today, the number of transactions reached its highest level since 2008.

TASI’s Largest Daily Transactions since 2008

Period

Number of Deals (‘000)

Today, Sept. 24

970.63

March 22, 2008

931.21

April 7, 2025

928.39

June 3, 2008

921.98

Aug. 5, 2024

870.27

April 6, 2025

756.87

Jan. 27, 2008

754.94

March 28, 2024

740.55

July 28 2008

733.90

April 8, 2025

700.12

April 9, 2025

688.89

Aug. 6, 2024

687.24

April 10, 2025

685.12

June 10, 2024

683.93

Feb. 19, 2024

680.16

Feb. 5, 2013

676.94

June 8, 2021

673.82

March 14, 2024

673.20

March 4, 2024

671.08

 

Tadawul trading screen

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) recorded today, Sept. 24, its biggest percentage gain since 2020, closing with a significant 5.1% gain at 11,437 points. It also achieved its steepest points increase since 2014, at approximately 550 points.

The market rally came after Bloomberg reported that the Capital Market Authority was considering allowing foreign investors to own majority stakes in listed companies.

With today’s rise, TASI extended its winning streak to six sessions, adding nearly 1,000 points, or almost 10%.

TASI’s Biggest Rises since 2008

Period

Index Open

Index Close

Change (points)

Change (%)

Nov. 29, 2008

4424

4845

+421

+9.5%

Oct. 13, 2008

5815

6365

+551

+9.5%

Dec. 18, 2014

7639

8321

+682

+8.9%

Aug. 25, 2015

7025

7543

+518

+7.4%

Oct. 14, 2008

6365

6829

+464

+7.3%

March 5, 2011

5323

5710

+387

+7.3%

March 10, 2020

6316

6762

+447

+7.1%

Sept. 28, 2008

6993

7459

+465

+7.6%

Nov. 24, 2008

4265

4529

+265

+6.2%

Nov. 1, 2008

5538

5871

+333

+6.0%

April 7, 2007

7716

8140

+424

+5.5%

June 21, 2017

6953

7335

+382

+5.5%

May 29, 2010

5862

6176

+314

+5.4%

Oct. 28, 2008

5339

5622

+283

+5.3%

April 4, 2009

4717

4966

+249

+5.3%

Aug. 23, 2008

8464

8902

+438

+5.2%

Today, Sept. 24

10876

11426

+550

+5.1%

Jan. 24, 2009

4557

4787

+230

+5.0%

Jan. 5, 2008

10722

11260

+538

+5.0%

With 971,000 transactions completed today, the number of transactions reached its highest level since 2008.

TASI’s Largest Daily Transactions since 2008

Period

Number of Deals (‘000)

Today, Sept. 24

970.63

March 22, 2008

931.21

April 7, 2025

928.39

June 3, 2008

921.98

Aug. 5, 2024

870.27

April 6, 2025

756.87

Jan. 27, 2008

754.94

March 28, 2024

740.55

July 28 2008

733.90

April 8, 2025

700.12

April 9, 2025

688.89

Aug. 6, 2024

687.24

April 10, 2025

685.12

June 10, 2024

683.93

Feb. 19, 2024

680.16

Feb. 5, 2013

676.94

June 8, 2021

673.82

March 14, 2024

673.20

March 4, 2024

671.08

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