Gulf Markets Slip Sunday as Saudi Index Loses 0.8%

Summary

• Saudi, Qatari and Kuwaiti indices all closed lower Sunday, with Bahrain the sole gainer.
• Saudi Arabia's TASI shed 79 points to 10,017 on 2.7 billion riyals of turnover.
• Three of four markets declining sets a cautious tone for weekly positioning across the Gulf.

The latest

Three of the four Gulf bourses reporting Sunday closed in the red, led by Saudi Arabia's TASI, which fell 0.8% to 10,017 points on turnover of about 2.7 billion riyals, according to Argaam. Qatar's index lost 0.51% and Kuwait's all-share benchmark 0.54%. Bahrain broke the pattern, with its general index adding 0.31%.

Details

• Saudi close: The TASI ended Sunday, 8 November 2026 down 79 points from Thursday's close at 10,017, Argaam reported. The index swung between an intraday high of 10,098 and a low of 9,985, leaving it just above the psychologically watched 10,000 line.
• Saudi breadth: Market breadth was narrowly positive even as the index fell, with 142 companies advancing against 131 decliners, according to Argaam — a split pointing to weakness concentrated in heavyweight names rather than a broad sell-off.
• Saudi heavyweights: Al Rajhi Bank dropped 1.5% and Saudi National Bank 1.3%, while Saudi Aramco eased 0.3%, Argaam reported. The three are among the largest constituents by weight, which explains the index decline despite more risers than fallers.
• Qatar close: The Qatar Exchange index fell 51.02 points, or 0.51%, to 10,014 points on Sunday, according to the Qatar News Agency. Turnover reached 196.6 million shares worth about 345 million riyals in the session.
• Qatar breadth: Twenty-four companies rose on the Qatari market against 29 that declined, the Qatar News Agency said, leaving the index within a few points of the Saudi benchmark at the close.
• Kuwait close: Kuwait's all-share index lost 46.43 points, or 0.54%, to 8,500.28, according to Khaligyoun and Amwal Al-Ghad. Trading totaled 53.2 million Kuwaiti dinars across 199.3 million shares and 12,011 transactions.
• Kuwait sub-indices: The decline was broad across segments: the Main Market index fell 57.99 points, or 0.68%, to 8,476.67, while the Premier Market index lost 46.39 points, or 0.52%, to 8,946.45, the two outlets reported. Kuwait's exchange issued no statement of its own.
• Bahrain gains: Bahrain was the exception, with the general index rising 5.57 points, or about 0.31%, to 1,821.32, according to the Bahrain News Agency. The Islamic index gained 5.59 points, roughly 0.67%, to close at 836.38.
• Bahrain volumes: Activity remained thin by regional standards, with 1,824,108 shares changing hands in 124 transactions worth 537,796 Bahraini dinars, the Bahrain News Agency reported — a fraction of the turnover recorded in Riyadh or Doha.

Between the lines

The Saudi session suggests index-level pressure rather than a general retreat: more stocks rose than fell, yet the market closed down 0.8% because the declines landed on Al Rajhi, SNB and Aramco. Kuwait tells the opposite story, with both the Main and Premier indices falling together, a pattern consistent with selling across the board rather than in a few names.

What's next

Watch whether TASI holds the 10,000 level at Monday's open after touching 9,985 intraday, and whether Kuwait's exchange publishes its own closing figures to confirm Sunday's numbers.

Source: Argaam, Qatar News Agency, Khaligyoun, Amwal Al-Ghad, Bahrain News Agency, Al-Balad