Saudi Arabia’s stock market climbed to its highest point of the year on Wednesday, with the kingdom’s equities now outperforming key regional and global peers after the US-Israel-Iran war roiled markets during a turbulent first quarter. 

The rally comes thanks to the kingdom’s relative economic insulation from a conflict that has disrupted energy flows and triggered sharp divergences across Middle Eastern economies.

Details: Saudi Arabia’s benchmark Tadawul All-Share Index rose about 1% on April 15, extending gains for a fourth straight session and lifting the index to its highest since November 2025. A day earlier, the kingdom's bourse surpassed the previous high for 2026, set in January. The rebound follows a sharp selloff after the war erupted on Feb. 28.

The Saudi index is now up roughly 10% year-to-date in 2026, significantly outperforming many global benchmarks. By comparison, the S&P 500 has gained about 2% this year, while Europe’s EURO STOXX 50 is up around 1.6%. In Asia, Japan’s Nikkei 225 has risen about 12%, but Hong Kong’s Hang Seng Index is down about 1.5%.