Saudi marketUpdated November 8

Saudi firms’ announced Q3 profits rose about 35%, but didn’t lift TASI

Asharq Business with Bloomberg reports that profits Saudi companies announced for Q3 2026 rose about 35%, but the increase did not turn the results season into an upward push for TASI. The analysis points to a gap between company-level earnings and the index’s market performance: reported profits do not, by themselves, determine the direction of share prices. TASI reflects market performance, not the Saudi economy as a whole.

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Coverage started November 8