Saudi Arabia’s main stock market rebounded in recent sessions, regaining momentum after earlier pressure from weak oil prices and corporate earnings, as investors took encouragement from positive sector performance and macroeconomic optimism.

The benchmark Tadawul All-Share Index rose by around one and a third percent in the latest trading results, with broad-based gains across materials, real estate and communication services lifting sentiment.

Local listed heavyweights including mining and property companies posted notable advances, reflecting renewed interest from both domestic and foreign investors following recent policy announcements to open key sectors and boost foreign participation.

Elsewhere in the region, Egypt’s EGX30 blue-chip index extended its upward trajectory to reach a fresh record high, driven by strong gains in financial and industrial stocks.

The Egyptian market’s performance continues to be supported by inflows from institutional investors and optimism around structural reforms and economic growth prospects, reinforcing its standing as one of the Middle East’s standout equity performers.

The mixed performance underscores the differentiated regional dynamics: Gulf markets such as Saudi Arabia are navigating the impact of external factors including oil price volatility and company earnings, while Egypt’s equities benefit from resilient domestic demand and investor confidence.

Traders and analysts note that upcoming corporate earnings and broader global economic data will be crucial in shaping the next leg of performance across Middle Eastern exchanges, with both Riyadh and Cairo markets closely watched by regional and international portfolio managers.