7 TASI Stocks, 1 REIT Fall to Lows Since Debut

Shares of seven companies and one real estate investment trust on Saudi Arabia's Tadawul exchange fell to their lowest levels since listing on July 9, according to data compiled by Argaam.

The declines add to a stretch of weakness for Saudi equities. The affected stocks span multiple sectors, though Argaam did not disclose the names. The session marks one of the broader single-day drops to record lows since listing this year.

Earlier this month, four Tadawul stocks hit 52-week lows, and East Pipes stock reached an all-time high since listing. The July 9 moves show the ongoing challenges for some Tadawul-listed names.

The data comes from Argaam, a Saudi financial data provider. No further details on the specific companies or the REIT were released.