Riyadh - EcoPulse24

The Saudi Stock Exchange (TASI) concluded its trading on Sunday, December 21, 2025, with a rise of 0.43%, closing at 10,495.55 points. This increase was driven by significant gains in the chemicals and renewable energy sectors, amidst liquidity of 8.76 billion SAR.

Market Performance: Broad-Based Gains

The session witnessed a broadening of gains, with 171 stocks closing higher against only 82 stocks declining out of 266 listed companies, indicating a positive sentiment despite some mid-session volatility.

Trading volumes reached approximately 122.87 million shares through 171,000 transactions, while the total market capitalization of listed companies amounted to 8.77 trillion SAR.

Index Movement During the Session:

TASI started the trading day with an upward trend before encountering profit-taking pressures mid-session, but it managed to regain momentum in the last hour, closing with gains, reflecting a balance between selective buying and profit-taking.

Chemicals Lead Gains

The chemicals sector led the gains today, supported by rising global petrochemical product prices:

Top Gainers:

1. Nama Chemicals (2210): surged 9.98% to 22.38 SAR
2. Kimanol (2001): rose 5.96% to 8.71 SAR
3. Paper Industry (2300): increased 7.39% to 57.40 SAR

Al-Masar Al-Shamil (6019) also recorded exceptional gains of 8.51% to 23.71 SAR, and Abu Muti (4191) rose 7.24% to 45.90 SAR.

Renewable Energy Stocks Continue to Rise

In the context of the green economy transition, renewable energy stocks maintained their positive performance:

• Aqua Power (2082): increased 1.14% to 186.10 SAR with a liquidity of 136,000 shares, continuing its upward trajectory as a leading player in renewable energy in the region.
• Gas (2080): rose 1.13% to 89.40 SAR
• Al-Kharif (2081): increased 2.03% to 130.90 SAR

Leading Stocks: Aramco Dominates Liquidity

Highest Trading Value:

1. Saudi Aramco (2222): 167.8 million SAR - increased 0.80% to 23.84 SAR
2. STC (7010): 102.5 million SAR - rose 0.76% to 42.38 SAR
3. Al-Rajhi (1120): 93.5 million SAR - increased 0.26% to 96.10 SAR
4. Al-Inma (1150): 90.6 million SAR - rose 0.17% to 63.35 SAR (Correction: 24.24 SAR)
5. Elm (7203): 65.4 million SAR - declined 1.86% to 765.50 SAR

Highest Trading Volume:

1. Americana (6015): 16.59 million shares at 1.70 SAR (+0.59%)
2. Mahara (1831): 7.52 million shares at 6.03 SAR (+0.84%)
3. Saudi Aramco: 7.04 million shares

Losers: Limited Pressures

Despite the overall positive performance, some stocks faced selling pressures:

1. Kingdom Holding (4280): declined 3.04% to 8.29 SAR
2. Arabian Cement (3010): fell 2.80% to 21.19 SAR
3. Real Estate (4150): decreased 2.20% to 23.12 SAR
4. Jazadco (6090): dropped 2.07% to 8.52 SAR

Financial Sector: Relative Stability

The banking sector saw limited movements:

• Al-Rajhi: +0.26%
• National Bank (1180): -0.81% to 36.70 SAR
• Al-Inma: +0.17%
• Al-Bilad (1140): +0.32% to 24.85 SAR

Healthcare: Outstanding Performance

The healthcare sector continued its strong gains:

• Care (4005): surged 5.51% to 145.60 SAR
• Al-Mousa (4018): rose 4.41% to 177.60 SAR
• Dallah Healthcare (4004): increased 3.47% to 125.20 SAR

Overview of "Accumulated Losses"

The list of companies with accumulated losses between 20-35% of their capital included several major names across various sectors, according to the disclosure requirements of the Capital Market Authority.

Notable examples include:

• Energy Sector: refineries, Petro Rabigh, Arabian Drilling
• Basic Materials: SABIC, Ma'aden, Kayan Saudi Arabia
• Banks: (within different disclosure ranges)
• Utilities: Aqua Power, Saudi Electricity

Important Note: This classification does not indicate an immediate operational crisis but is a disclosure requirement that necessitates closer monitoring of financial results and remedial plans.

Economic Context

The market's performance today comes amid:

• Anticipation of global central banks' decisions regarding interest rates
• Improvement in oil prices above 72 USD per barrel (Brent)
• Continued momentum in the green transition in the region under Vision 2030
• Upcoming Q4 earnings season expected in January 2025

Technical Reading

• Short-term trend: Positive supported by the broadening of gains
• Support level: 10,450 points
• Resistance level: 10,550 points
• Liquidity: Below monthly average, which may reflect investor caution before year-end

Conclusion

TASI concluded today with a positive performance reflecting a gradual improvement in investor sentiment, with a clear focus on chemicals, renewable energy, and healthcare stocks.

The continued dominance of rising stocks (171 stocks) over declining ones (82 stocks) indicates a broadening recovery, although the relatively limited liquidity calls for careful monitoring in upcoming sessions.