All Saudi Stocks: Comprehensive Overview of Companies and Sectors

All Saudi stocks are the shares owned in companies listed on the Saudi financial market (Tadawul), representing partial ownership in these companies. These stocks are traded under a strict regulatory system overseen by the Capital Market Authority, where companies are required to provide periodic financial disclosures and publish annual and quarterly reports, subject to transparent oversight through modern electronic platforms. The Saudi market is characterized by the diversity of its companies across its main sectors: energy, banking, basic materials, telecommunications, consumption, and others. The market is divided into two main segments: the main market (TASI) and the parallel market (NOMU), providing small and medium-sized enterprises with opportunities for financing and attracting investors. The Saudi market evaluates its performance based on indicators such as the general index 'TASI', in addition to sector-specific indicators that allow tracking the performance of each sector individually. All Saudi stocks play a pivotal role in the local economy, reflecting the health of economic activity and the level of investment confidence in the Kingdom.

The Saudi financial market witnessed significant growth in 2024, with the total value of traded stocks reaching approximately 1,862.33 billion Saudi Riyals, an increase of about 39.7% compared to 2023. The average daily trading value was around 7,449 million Riyals. The general market index 'TASI' closed at 12,036.50 points at the end of 2024, reflecting a slight increase of 0.58%. The number of executed transactions reached 128.57 million, and the volume of traded shares increased to 99.66 billion shares. Conversely, the total market capitalization of listed companies decreased by 9.41% to reach 10,200.24 billion Riyals, affected by a relative decline in stock prices during the second half of the year. Notably, Saudi Aramco continues to dominate more than half of the market capitalization, followed by major banks, telecommunications companies, and basic industries. These figures indicate the market's dynamism, increased liquidity, and active trading among investors.

The general index of the Saudi financial market, known as 'TASI', is the primary index that measures the performance of all stocks listed in the main market, calculated based on the market capitalization weighted for each stock. In addition to TASI, Tadawul provides specialized sectoral indices such as the banking, energy, basic materials, telecommunications indices, and others, enabling investors to track the performance of economic sectors separately. An increase in the general index typically indicates a rise in the prices of most stocks, while a decrease reflects a market downturn. Sectoral indices are used to compare the performance of sectors against each other or against the overall market performance. These indices are essential tools for making informed investment decisions, keeping in mind that they should not be used to predict individual stock prices but to measure general market trends.

Saudi Aramco (stock symbol: 2222) is the largest listed company in the Saudi financial market and the world in terms of market capitalization, valued at over 6.3 trillion Saudi Riyals. Its stock price was around 24.52 Riyals at the end of 2024, with quarterly profits exceeding 60 billion Riyals in the third quarter of 2024. Aramco features a low price-to-earnings ratio (4-5 times) and a relatively high dividend yield (between 5-10% historically). The company operates in the energy and oil sector and is a key driver of the Saudi economy, with its performance influenced by global oil prices, OPEC decisions, and geopolitical factors. Aramco has no local competitors in the crude oil sector but competes with global companies in international markets. The company benefits from strong global demand for energy and is undertaking massive expansions in oil, gas, and petrochemical projects.

The banking and financial services sector in the Saudi market includes large financial institutions such as the National Bank of Saudi Arabia (SNB, stock symbol: 1180), Al Rajhi Bank, and Riyad Bank (stock symbol: 1010). This sector represents the backbone of local economic growth through financing major projects, real estate, and consumer financing. The stock price of SNB was around 37.22 Riyals, with a market capitalization exceeding 500 billion Riyals, while Al Rajhi Bank's stock trades around 96 Riyals. Saudi banks typically achieve dividend yields between 2-4% and an average price-to-earnings ratio between 10-16 times. Bank profits have been positively influenced by rising interest margins and increased demand for financing, especially after major mergers such as the merger between Al Ahli and Samba. The sector faces challenges in digital transformation and service competitiveness, yet it remains one of the most stable sectors in the Saudi market.

The telecommunications and information technology sector is vital in the Saudi market, led by Saudi Telecom Company (STC, stock symbol: 7010), whose stock price was around 42.32 Riyals, and its market value grew to approximately 300 billion Riyals by the end of 2024. STC continues to achieve growth in profits with a price-to-earnings ratio of 12-14 and a dividend yield between 4-5%. The company has benefited from investments in 5G networks and expanding its customer base, in addition to diversifying its services in cloud computing and digital innovation. STC competes with Mobily and Zain Saudi Arabia in the local market while continuing to strengthen its position through technological alliances and external investments. The sector remains sensitive to new technologies and changes in digital consumption patterns.

The Saudi Basic Industries Corporation (SABIC, stock symbol: 2010) is one of the largest basic materials companies in the Saudi market, with a market value of approximately 175 billion Riyals and a stock price of around 104 Riyals. SABIC achieves a price-to-earnings ratio between 10-13 and a dividend yield ranging from 3-5%. The company operates in the production of petrochemicals and industrial chemicals, with its performance heavily reliant on oil and natural gas prices. SABIC has seen a recovery in profits due to rising petrochemical prices and increased global demand for plastics. The company competes with regional and global firms in international markets while dominating its sector locally. SABIC faces challenges from global price fluctuations and environmental sustainability requirements.

The Saudi financial market launched 'NOMU' as a parallel platform aimed at encouraging small and medium-sized enterprises to list and attract capital. NOMU has simpler listing requirements compared to the main market, providing greater opportunities for startups to grow and secure financing. The parallel market has become a destination for many technology and industrial companies seeking to expand and achieve financial transparency. In 2024, NOMU witnessed new listings and increased trading activity and liquidity, reflecting the vibrancy of the startup sector and supporting Vision 2030's goal of economic diversification. Companies listed in NOMU are subject to the same oversight and financial disclosure, with the possibility of transitioning to the main market upon meeting the conditions.

All Saudi stocks are distributed across several main sectors, with the banking sector leading trading volumes exceeding 265.57 billion Riyals, followed by the basic materials sector at 249.32 billion Riyals, and the energy sector at approximately 225.27 billion Riyals in 2024. In terms of traded stock volume, the financial services sector led with a trading volume of 21.16 billion shares. These figures reflect the diversity of economic activity and the importance of each sector in supporting the financial market. Sector performance depends on multiple factors such as oil prices, interest rates, local and global demand, and government policies. Sectoral indicators provide an effective tool for analyzing market trends and comparing the performance of companies within each sector.

The nature of competition in the Saudi market varies by sector. In the energy sector, there is no direct local competition for Aramco, but it faces competition from global oil companies such as ExxonMobil, Shell, and Total in international markets. The banking sector experiences strong competition among Al Ahli, Al Rajhi, Riyad Bank, and other banks like Samba and Alinma. In the telecommunications sector, STC competes with Mobily and Zain for market share in telecommunications and internet services. SABIC faces competition from local and global petrochemical companies such as Dow Chemical and BASF. Competition is also influenced by the presence of regional companies from Gulf countries and technological developments and digital transformation that create significant competitive advantages.

Financial indicators such as stock price, market capitalization, price-to-earnings ratio (P/E), dividend yield, and revenue and profit growth are essential elements in evaluating the performance of Saudi stocks. For example, Aramco's data shows a low price-to-earnings ratio (4-5) and a high dividend yield (5-10%), while the National Bank of Saudi Arabia records a higher price-to-earnings ratio (14-16) and an average dividend yield (3-4%). These indicators reflect the companies' ability to generate and distribute profits and the market's assessment of their future growth prospects. Investors should regularly review this data and compare indicators between companies and sectors before making decisions, through financial reports published on the Tadawul website or official company sites.

The Saudi market witnessed significant developments in 2024-2025, including major banking mergers (the merger of Al Ahli and Samba), new listings in both the main and parallel markets, and regulatory updates from the Capital Market Authority to enhance transparency and disclosure. Foreign ownership in some companies increased to 70%, and participation from international investors rose following the market's inclusion in global indices such as MSCI and FTSE. The market also adopted technological solutions such as cloud computing and blockchain to expedite transaction settlements. The market reacted to global economic changes, particularly oil prices and inflation, affecting liquidity and trading activity. These developments affirm Saudi Arabia's commitment to aligning with global standards and supporting innovation in the financial sector.

The Saudi Capital Market Authority plays a regulatory and legislative role to ensure the integrity and efficiency of the market, imposing strict rules for financial disclosure, protecting investors, and limiting manipulation and illegal speculation. All listed companies are required to publish periodic financial reports according to approved accounting standards and update disclosures about any significant events that may affect stock prices or investor confidence. The authority also works on developing regulations to encourage institutional investment, facilitate foreign investor entry, and support digital transformation in the financial sector. These policies contribute to raising the level of transparency and trust in the Saudi market, attracting more local and international capital.

Investors can monitor the performance of all Saudi stocks through official trading platforms that provide real-time data on prices, trading volumes, financial indicators, and quarterly and annual reports for each company. Listed company websites also offer detailed information about their activities and future plans. Market indicators (TASI, sectoral indices) provide a comprehensive view of general trends, while financial indicators (P/E, yield, revenues) assist in comparing stocks. It is always advisable to review independent financial analyses and read official disclosures before making any investment decision, considering local and global economic variables.