The Tadawul All Share Index (TASI) recorded its largest monthly gain in January since January 2022.
The index rose approximately 891 points, or 8.5%, closing January at 11,382 points, compared with its December 2025 close of 10,491 points.
The Capital Market Authority (CMA) announced on Jan. 6 the opening of the stock market to all categories of foreign investors, enabling them to invest directly starting Feb. 1, 2026.
Biggest Monthly Rise Since Early 2016
Month
Close (points)
Change (Points)
Change (%)
November 2016
7000
+988
16.4%
November 2020
8747
+839
10.6%
April 2016
6806
+583
9.4%
January 2019
8560
+733
9.4%
April 2020
7113
+608
9.3%
January 2022
12272
+990
8.8%
January 2026
11382
+891
8.5%
March 2021
9908
+763
8.3%
June 2017
7426
+555
8.1%
September 2025
11503
+806
7.5%
February 2024
12631
+834
7.1%
December 2023
11967
+790
7.1%
October 2016
6012
+389
6.9%
April 2023
11308
+718
6.8%
December 2019
8389
+530
6.7%
August 2020
7941
+482
6.5%
March 2018
7871
+452
6.1%
AMAK topped the gainers with a 33% surge, followed by Maaden up 27%, while Shams, C herry, Electrical Industries, and Alramz rose between 22% and 23%.
Top gainers in January 2026
Company
Opening (SAR)
Close (SAR)
Change
AMAK
88.00
116.80
+33%
Maaden
60.95
77.30
+27%
Shams
11.04
13.62
+23%
Cherry
24.12
29.70
+23%
Electrical Industries
11.20
13.68
+22%
Alramz
54.30
66.30
+22%
Rasan
115.90
140.00
+21%
Saudi Cable
140.00
169.00
+21%
Saudi Chemical
6.41
7.66
+20%
Zahrat Al Waha
2.16
2.58
+19%
Bupa Arabia
138.90
165.00
+19%
SNB
37.88
44.86
+18%
Al Yamamah Steel
32.08
37.96
+18%
Tawuniya
117.00
137.00
+17%
Alinma Bank
24.38
28.48
+17%
Dar Al Arkan
15.94
18.62
+17%
MEDGULF
11.57
13.51
+17%
SMC Healthcare
18.04
20.85
+16%
Yamama Cement
23.32
26.88
+15%
Al Jouf Cement
43.60
50.00
+15%
Conversely, Naseej topped the decliners with a 24% drop, followed by Red Sea at 18%, and Thimar at 14%.
Top Decliners in January 2026
Company
Opening (SAR)
Close (SAR)
Change
Naseej
35.30
27.00
(24%)
Red Sea
33.18
27.06
(18%)
Thimar
38.08
32.80
(14%)
Nofoth
10.00
8.79
(12%)
Marafiq
36.80
32.42
(12%)
Advanced
29.14
25.98
(11%)
NCLE
143.70
128.80
(10%)
Cenomi Retail
19.13
17.29
(10%)
Raydan
24.10
21.84
(9%)
Saudi Paper
62.05
56.50
(9%)
Almasar Alshamil
25.02
22.80
(9%)
SISCO Holding
31.16
28.64
(8%)
Alkhorayef
134.50
123.80
(8%)
Almoosa Health
175.40
161.60
(8%)
Maharah
6.44
5.95
(8%)
SASCO
55.50
51.30
(8%)
MBC
31.60
29.34
(7%)
Aldrees
127.90
119.50
(7%)
Baazeem
6.71
6.27
(7%)
Nama Chemicals
24.31
22.77
(6%)
All blue chips rose, led by Saudi Aramco, which leapt by 8%, Al Rajhi Bank (10%) and Saudi National Bank (18%).
Performance of Blue Chips in January 2026
Company
Opening (SAR)
Close (SAR)
Change
Saudi Aramco
23.83
25.80
+8%
Al Rajhi Bank
97.50
107.20
+10%
SNB
37.88
44.86
+18%
Maaden
60.95
77.30
+27%
stc
42.98
44.40
+3%
ACWA Power
181.80
187.30
+3%
Riyad Bank
27.14
28.10
+4%
Alinma Bank
24.38
28.48
+17%
Sulaiman Al Habib
257.00
261.60
+2%
Mobily
66.00
70.40
+7%
SABIC
51.30
56.85
+11%
SAB
32.38
35.68
+10%
Almarai
43.26
44.10
+2%
BSF
16.82
18.05
+7%
Bank Albilad
24.82
26.58
+7%
SABIC AN
110.70
125.00
+13%
ANB
21.62
22.80
+5%
Bahri
28.98
30.80
+6%
Elm
748.00
776.00
+4%
Jabal Omar
14.78
16.51
+12%
The Tadawul All Share Index (TASI) recorded its largest monthly gain in January since January 2022.
The index rose approximately 891 points, or 8.5%, closing January at 11,382 points, compared with its December 2025 close of 10,491 points.
The Capital Market Authority (CMA) announced on Jan. 6 the opening of the stock market to all categories of foreign investors, enabling them to invest directly starting Feb. 1, 2026.
Biggest Monthly Rise Since Early 2016
Month
Close (points)
Change (Points)
Change (%)
November 2016
7000
+988
16.4%
November 2020
8747
+839
10.6%
April 2016
6806
+583
9.4%
January 2019
8560
+733
9.4%
April 2020
7113
+608
9.3%
January 2022
12272
+990
8.8%
January 2026
11382
+891
8.5%
March 2021
9908
+763
8.3%
June 2017
7426
+555
8.1%
September 2025
11503
+806
7.5%
February 2024
12631
+834
7.1%
December 2023
11967
+790
7.1%
October 2016
6012
+389
6.9%
April 2023
11308
+718
6.8%
December 2019
8389
+530
6.7%
August 2020
7941
+482
6.5%
March 2018
7871
+452
6.1%
AMAK topped the gainers with a 33% surge, followed by Maaden up 27%, while Shams, C herry, Electrical Industries, and Alramz rose between 22% and 23%.
Top gainers in January 2026
Company
Opening (SAR)
Close (SAR)
Change
AMAK
88.00
116.80
+33%
Maaden
60.95
77.30
+27%
Shams
11.04
13.62
+23%
Cherry
24.12
29.70
+23%
Electrical Industries
11.20
13.68
+22%
Alramz
54.30
66.30
+22%
Rasan
115.90
140.00
+21%
Saudi Cable
140.00
169.00
+21%
Saudi Chemical
6.41
7.66
+20%
Zahrat Al Waha
2.16
2.58
+19%
Bupa Arabia
138.90
165.00
+19%
SNB
37.88
44.86
+18%
Al Yamamah Steel
32.08
37.96
+18%
Tawuniya
117.00
137.00
+17%
Alinma Bank
24.38
28.48
+17%
Dar Al Arkan
15.94
18.62
+17%
MEDGULF
11.57
13.51
+17%
SMC Healthcare
18.04
20.85
+16%
Yamama Cement
23.32
26.88
+15%
Al Jouf Cement
43.60
50.00
+15%
Conversely, Naseej topped the decliners with a 24% drop, followed by Red Sea at 18%, and Thimar at 14%.
Top Decliners in January 2026
Company
Opening (SAR)
Close (SAR)
Change
Naseej
35.30
27.00
(24%)
Red Sea
33.18
27.06
(18%)
Thimar
38.08
32.80
(14%)
Nofoth
10.00
8.79
(12%)
Marafiq
36.80
32.42
(12%)
Advanced
29.14
25.98
(11%)
NCLE
143.70
128.80
(10%)
Cenomi Retail
19.13
17.29
(10%)
Raydan
24.10
21.84
(9%)
Saudi Paper
62.05
56.50
(9%)
Almasar Alshamil
25.02
22.80
(9%)
SISCO Holding
31.16
28.64
(8%)
Alkhorayef
134.50
123.80
(8%)
Almoosa Health
175.40
161.60
(8%)
Maharah
6.44
5.95
(8%)
SASCO
55.50
51.30
(8%)
MBC
31.60
29.34
(7%)
Aldrees
127.90
119.50
(7%)
Baazeem
6.71
6.27
(7%)
Nama Chemicals
24.31
22.77
(6%)
All blue chips rose, led by Saudi Aramco, which leapt by 8%, Al Rajhi Bank (10%) and Saudi National Bank (18%).
Performance of Blue Chips in January 2026
Company
Opening (SAR)
Close (SAR)
Change
Saudi Aramco
23.83
25.80
+8%
Al Rajhi Bank
97.50
107.20
+10%
SNB
37.88
44.86
+18%
Maaden
60.95
77.30
+27%
stc
42.98
44.40
+3%
ACWA Power
181.80
187.30
+3%
Riyad Bank
27.14
28.10
+4%
Alinma Bank
24.38
28.48
+17%
Sulaiman Al Habib
257.00
261.60
+2%
Mobily
66.00
70.40
+7%
SABIC
51.30
56.85
+11%
SAB
32.38
35.68
+10%
Almarai
43.26
44.10
+2%
BSF
16.82
18.05
+7%
Bank Albilad
24.82
26.58
+7%
SABIC AN
110.70
125.00
+13%
ANB
21.62
22.80
+5%
Bahri
28.98
30.80
+6%
Elm
748.00
776.00
+4%
Jabal Omar
14.78
16.51
+12%
