Saudi Equities Plunge Amid Geopolitical Turmoil, Lowest Since Oct 2023

• Saudi equities saw their sharpest fall in nearly nine months on Sunday, January 4, closing at their lowest since October 2023.
• The Tadawul All Share Index dropped 1.8%, with all sectoral indices ending lower due to rising geopolitical tensions.
• Investors are grappling with fallout from tensions in Venezuela, Iran, and Yemen, impacting market sentiment.
• Junaid Ansari of Kamco Investment Co. noted regional geopolitical issues and Iran's situation are adding to risk premium.
• 2025 was the worst year for Saudi equities since 2015, primarily due to subdued oil prices affecting public spending.

Why It Matters: Geopolitical tensions in the region and beyond are driving Saudi equities to multi-month lows.