Saudi stocks lead Gulf gains after announcing the opening of the market to all foreigners
The Saudi stock market topped the rise Gulf stock exchanges in early trading, today, Wednesday, after the Kingdom announced that it will open the capital market to all categories of foreign investors starting next February.
The main index rose () rose by 2.5%, recording its largest gains in one day in more than 3 months, with almost all sectors rising.
Shares of the finance, non-essential consumer goods, and health care sectors topped the list of gainers.
The stock of Al Rajhi Bank, one of the largest banks in the sector, rose by 2.1%, while Saudi Aramco rose 1.1%, and the Saudi Tadawul Group stock jumped by up to 7%, recording its largest rise since late September.
This rise came after the announcement of The Capital Market Authority, on Tuesday, announced that all foreign investors will be able to invest directly in the main market as of February 1, 2026, after the regulatory body abolished the system. "Qualified foreign investor" It removed rules that previously limited access.
The Capital Market Authority said that the measures aim to expand the investor base, support flows and improve liquidity, adding that foreign investors’ holdings exceeded 590 billion riyals by the end of the third quarter of 2025, up from 498 billion riyals at the end of 2024.
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