Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s close.
With an average daily value traded of SAR 4.60 billion, the total value traded in February aggregated to SAR 87.10 billion, representing a decrease of 12.90% from January’s SAR 100 billion in total value traded.
The banks and materials sectors accounted for 39.70% of the total value traded in February.
Meanwhile, all of TASI’s 21 sectors recorded month-on-month (MoM) losses in February, as the media decreased the most by 25.20%, followed by the software and services by 16.70%.
Americana Restaurants International was the best performing stock for the month, recording a 24.2% rise, followed by Al Majed Oud Company with 14.80% gains.
On the losing side, Saudi Research and Media Group (SRMG) bottomed the list with a drawdown of 31.70% compared to January’s performance, followed by CHUBB Arabia Cooperative Insurance Company with a 24.70% loss.
Saudi Arabian Cooperative Insurance Company (SAICO) and Eastern Province Cement Company traded as the market’s lowest P/E (TTM) at a multiple of 6.2x and 7.3x, respectively by February’s end, compared to TASI’s P/E of 18.28x (excluding Aramco).
Aljazira Capital concluded that the free-float ownership from qualified foreign investors (QFIs) in Saudi Arabia made up a concentration of 11.96% of the total free-float ownership in the market for the month of February 2026, up from January’s 11.58% ownership.
