The Saudi stock exchange, also known as Tadawul, has seen some positive trends lately. The Tadawul All Share Index (TASI) rose to 11,341 points on February 4, 2026, gaining 0.11% from the previous session. However, it's still 8.64% lower than a year ago. ¹
*Recent Performance:*
- The index has climbed 9.84% over the past month.
- The Saudi market is expected to trade between 10,000 and 11,700 points in 2026, with a potential return to 12,800 points if valuation multiples revert to normal levels. ²
*Key Sectors:*
- _Renewable Energy_: Expected to grow significantly, driven by Vision 2030's diversification goals.
- _Technology_: Likely to see increased investment, supported by digital transformation initiatives.
- _Tourism_: Anticipated to drive growth, with ongoing infrastructure development.
- _Logistics_: Expected to benefit from urban expansion and e-commerce growth. ³
*Market Outlook:*
- SNB Capital forecasts a strong performance in 2026, citing attractive valuations and ample liquidity.
- The Saudi economy is expected to grow by 4.7% in 2026, driven by oil and non-oil sectors.
Would you like to know more about specific sectors or companies listed on Tadawul?#OilPricesDrop