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Home » Market capitalization rises to $2.46 trillion, TASI ends at 10,489 points, up 0.13%

Market capitalization rises to $2.46 trillion, TASI ends at 10,489 points, up 0.13%

adminBy adminMarch 3, 2026 Business No Comments2 Mins Read
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RIYADH — Saudi Arabia’s main stock index (TASI) closed higher on Monday, gaining 0.13% or 13.36 points to settle at 10,489 points.

While the stock prices of 189 listed companies fell, 74 companies rose and 4 companies remained unchanged.

The benchmark index opened at 10,490 points, with total volume reaching 7.2 billion riyals.

It fell to a low of 10,366 points and rose to a high of 10,586 points during the session.

The increase in the index coincided with an increase in the total market capitalization of listed companies to SR9.24 trillion, an increase of SR98.11 billion.

The increase in market capitalization was mainly driven by Saudi Aramco’s profits, which accounted for about 67.63% of the market capitalization of listed companies.

The company’s shares rose by 1.63%, increasing its market capitalization by SR101.64 billion.

Despite Aramco’s free float as a percentage of market capitalization, regulatory caps limit the weighting of large companies in the index to a maximum of 15%, so Aramco’s free float does not exceed 15% of the index weight.

Oil prices also recorded a notable increase against the backdrop of intensifying military tensions in the region and continued conflicts in neighboring countries.

© Copyright 2026 Saudi Official Gazette. Unauthorized reproduction is prohibited. Provided by SyndiGate Media Inc. (Syndigate.info).



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