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Saudi stock market shines among top regional performers

Saudi Arabia’s stock market was among the top performers in the Arab region in December 2024.

The Tadawul All Share Index (TASI) increased by 3.39%, closing at 12,037 points, with an average daily trading value reached SAR 5.2 billion (US$1.3 billion), totaling SAR 119.6 billion for the month.

The Dubai Financial Market led the regional growth with a 6.42% increase, followed by gains in Palestine (4.58%) and Iraq (4.14%).

This helped the Arab Monetary Fund (AMF) composite index for Arab financial markets edged up by 1.03%, driven by improved investor sentiment and easing monetary policies.

Market capitalization across Arab exchanges increased by 2.96% to US$4.4 trillion, with Tadawul contributed significantly.

Monetary policy shifts played a key role, as central banks in Saudi Arabia, the UAE, Qatar, and Bahrain reduced interest rates.

This monetary easing contributed to enhanced investor confidence and increased market liquidity.

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