Saudi TASI Rebounds as Aramco Gains on Higher Oil Prices

Key Facts

1The Saudi TASI index closed up 0.97%, reaching the 10,205 level.

2Aramco shares jumped 1.9% as oil prices traded above $109.

The Saudi TASI index closed up 0.97%, reaching the 10,205 level on October 18, 2026. Investing.com reported that Aramco shares jumped 1.9% as global oil prices traded above the $109 mark.

The recovery in the Saudi equity market followed a period of decline, triggered primarily by supportive energy prices which boosted sentiment for heavyweights within the index. The upward movement reflects a correlation between commodity price stability and regional market performance.