Day's Trending Saudi Stocks | ACWA POWER Co.: The daily gain is 10.0%, Stock rises on regional growth optimism and accelerating energy transition initiatives driving investor confidence.
JOUF CEMENT 3091.SA | 0.00 | |
ACWA 2082.SA | 0.00 | |
ELM 7203.SA | 0.00 | |
ALMUNAJEM 4162.SA | 0.00 | |
ALBABTAIN 2320.SA | 0.00 |
Editor's Note: the "Trending Saudi Stocks" column tracks the day's top bullish stocks in the KSA market, aiding investors in promptly identifying opportunities for potential gains.
At the close of 07/05/2026, the Tadawul All Shares Index rose by 0.75%, closing at 11031.32 points; the Parallel Market Capped Index dropped by 0.77%, closing at 22635.35 points. Sahm has compiled the Top 10 Daily Stock Price Gainers in the KSA market.
The Top 10 Daily Gainers in the KSA market are listed as follows:
ACWA POWER Co.: The daily gain is 10.0%, Stock rises on regional growth optimism and accelerating energy transition initiatives driving investor confidence.
ACWA POWER Co. is a publicly traded entity on the Saudi Stock Exchange (Tadawul) since October 2021. The corporation operates in the utilities and renewables sector, specializing in renewable energy development. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in July 2008 and maintains its primary focus on sustainable energy infrastructure projects across multiple jurisdictions.
In a noteworthy development, the possible reason for the stock price increase of 2082.SA (ACWA POWER Co.) may be attributed to several converging factors. The 10.0% surge coincided with improved Gulf regional market sentiment, driven by robust corporate earnings and optimistic expectations surrounding potential US-Iran peace agreements that could enhance regional stability. The exceptional trading volume spike of 128.42%, with 793,010 shares traded versus the three-month average of 347,172 shares, indicates strong institutional and retail investor interest. ACWA POWER's position as a leading renewable energy company likely benefited from growing confidence in the sector's prospects within Saudi Arabia's Vision 2030 framework. The broader market context also supported the rally, with the Saudi TASI benchmark rising 0.65%, creating favorable conditions for utility stocks. ACWA POWER's substantial market capitalization of SAR 139.4 billion and its strategic role in the Kingdom's energy transition positioned it to capitalize on positive market dynamics and geopolitical developments that enhance the regional investment climate.
Elm Co: The daily gain is 10.0%, Reports 32.5% Net Profit Surge in Q1 2026 on Strong Revenue Growth
Elm Co. (ELM) operates as a publicly traded entity on the Saudi Stock Exchange (Tadawul) following its listing in February 2021. The organization specializes in software and services, with core competencies in IT consulting and systems integration solutions. Headquartered in Dammam, Saudi Arabia, the company was incorporated in June 1988 and has established itself within the technology services sector over more than three decades of operations.
In a noteworthy development, the possible reason for the stock price increase of 7203.SA (Elm Co) may be attributed to the company's exceptional Q1 2026 financial performance. Elm Co reported a remarkable 32.5% year-over-year surge in net profit to 656 million Saudi Riyals, alongside robust revenue growth of 31.7% reaching 2.47 billion Saudi Riyals. The strong performance was driven by significant expansion across key business segments, with business process outsourcing revenue jumping 43.2%, professional services growing 30.4%, and digital business revenue increasing 28%. Additionally, the company recorded 59 million Saudi Riyals in non-recurring gains from fair value remeasurement following strategic acquisitions. Improved operational metrics, including 35.9% gross profit growth and enhanced earnings per share rising to 8.43 Saudi Riyals from 6.38 Saudi Riyals, further bolstered investor confidence despite the stock's year-to-date decline of 12.1%.
Al Jouf Cement Co.: The daily gain is 10.0%, the stock price has risen.
Al Jouf Cement operates as a publicly traded entity within the construction materials segment of the Materials sector on the Saudi Stock Exchange (Tadawul) under ticker TDWL since August 2010. The company, headquartered in Riyadh, Saudi Arabia, was incorporated in August 2006 and specializes in cement manufacturing operations.
It is worth noting that the daily gain of Al Jouf Cement Co.(3091.SA) is 10.0%, and the year-to-date gain/loss is -12.7%.
Company Symbol | Capital (Billion Riyals) | Latest Gains | Change since the Beginning of the Year |
| 3091.SA | 0.6 | 10.0% | -12.7% |
| 2082.SA | 139.4 | 10.0% | 0.2% |
| 7203.SA | 51.19 | 10.0% | -12.1% |
| 4162.SA | 3.54 | 9.4% | 18.1% |
| 2320.SA | 6.76 | 6.4% | 9.6% |
| 8100.SA | 0.29 | 6.4% | -11.3% |
| 2300.SA | 2.26 | 5.2% | -1.7% |
| 4005.SA | 5.17 | 5.1% | -19.0% |
| 2287.SA | 0.8 | 4.6% | -15.0% |
| 2270.SA | 6.79 | 3.6% | -13.9% |
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