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 05/02/2026, the Tadawul All Shares Index dropped by 1.34%, closing at 11188.73 points; the Parallel Market Capped Index rose by 0.23%, closing at 23865.95 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:

Dar Al Majed Real Estate Co.: The daily gain is 5.4%, the stock price has risen.

It is worth noting that the daily gain of Dar Al Majed Real Estate Co.(4326.SA) is 5.4%, and the year-to-date gain/loss is -1.3%.

Al Majed Oud Co.: The daily gain is 2.8%, posts robust 2025 financials, showing significant growth in revenue and profits.

In a noteworthy development, the possible reason for the stock price increase of 4165.SA (Al Majed Oud Co.) may be attributed to the company's robust financial performance in 2025. The firm reported a 39% surge in net profit to 217.6 million Saudi Riyals, while revenue grew 19% to 1.1 billion Saudi Riyals. Improved profitability, reflected in the rise of earnings per share from 6.28 to 8.7 Saudi Riyals, and a 24.8% increase in shareholders' equity to 584.3 million Saudi Riyals, likely bolstered investor confidence. The company's successful market expansion, enhanced operational efficiency, and new product launches further contributed to its strong performance. Additionally, the stock's consistent year-to-date growth of 21.8% and a significant 489.67% surge in trading volume compared to the 3-month average indicate heightened investor interest.

AFG International Co.: The daily gain is 2.4%, Trading volume spike attracts investors, signaling potential market shift.

Cenomi Retail, formerly known as Fawaz Abdulaziz Al Hokair Co, is a publicly traded company listed on the Saudi Stock Exchange (Tadawul) since 2006. Operating in the retail sector, it specializes in apparel retail. The company, established in 1990, is headquartered in Riyadh, Saudi Arabia.

In a noteworthy development, the possible reason for the stock price increase of 4240.SA (AFG International Co.) may be attributed to a significant surge in trading volume. The company, which operates in the retail sector in Saudi Arabia, saw its stock rise 2.4% on the day, accompanied by a remarkable 89.28% increase in trading volume compared to its 3-month average. This heightened investor activity, with 2,244,275 shares changing hands, suggests renewed interest in the stock. Despite a year-to-date decline of 10.2%, the current price movement may indicate that investors perceive potential value or recovery prospects in AFG International Co., particularly given its position in the Saudi retail market.