In Q4 2024, the Saudi Exchange demonstrated strong trading activity, with the total number of trades on the Main Market reaching 30.62 million. While this reflected a 9.41% decline compared to Q3 2024, it represented a significant 15.47%increase year-on-year. The Exchange’s Nomu – Parallel Market sustained its impressive growth, with the number of trades surging by 58.81% quarter-on-quarter to 436,695. During the same period, the daily trading volume in the market rose by an extraordinary 148.73%, while the daily traded value increased to 77.53 million from 45.86 million, underscoring enhanced liquidity in the market. The number of listed companies on both markets also grew, with the Main Market adding eight newly listed company and the Nomu – Parallel Market adding 12.
Saudi Arabia’s confirmation as the host of the 2034 FIFA World Cup, achieving the highest technical score in history at 419.8 out of 500, positions the Kingdom for significant economic gains. Hosting the tournament is expected to enhance stock market performance and drive a 4–5% increase in non-oil GDP over the medium term. Complementing this milestone, the anticipated market capitalization of 5.63 billion from the Kingdom’ssecond-largest IPO of the year highlights the growing dynamism and global appeal of Saudi Arabia’s economy.
