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 30/03/2026, the Tadawul All Shares Index rose by 0.82%, closing at 11167.27 points; the Parallel Market Capped Index rose by 0.58%, closing at 22883.26 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:

Saleh Abdulaziz Al Rashed and Sons Co.: The daily gain is 10.0%, Reports Strong Financial Growth and Completes Successful IPO

In a noteworthy development, the possible reason for the stock price increase of 1324.SA (Saleh Abdulaziz Al Rashed and Sons Co.) may be attributed to several converging factors. The company demonstrated exceptional financial performance with revenue surging from 599.6 million SAR to 739.5 million SAR in 2025, while net profit increased substantially from 59.69 million SAR to 91.66 million SAR. The successful IPO completion in early March, raising 251.1 million SAR at 45 SAR per share, provided fresh capital for expansion. Additionally, the announcement of a 2 SAR per share cash dividend reflects management confidence and commitment to shareholder returns. Operating in Saudi Arabia's construction materials sector, the company is well-positioned to benefit from Vision 2030 infrastructure initiatives. The combination of strong fundamentals, positive market sentiment, and technical momentum has attracted institutional and algorithmic trading, creating positive feedback loops that continue driving investor interest and capital inflows into this strategically positioned construction materials company.

Saudi Public Transport Co.: The daily gain is 9.9%, Achieves 25% Revenue Growth and Returns to Profitability in Financial Turnaround

Saudi Public Transport Company (Saptco) operates as a publicly-traded transportation entity on the Saudi Stock Exchange under ticker TDWL since January 1993. The Riyadh-based organization, established in February 1979, specializes in trucking services within the transportation sector.

In a noteworthy development, the possible reason for the stock price increase of 4040.SA (Saudi Public Transport Co.) may be attributed to the company's remarkable financial turnaround. The stock surged 9.9% following the release of corrected 2025 annual results showing a dramatic shift from a net loss of SAR 9.6 million in 2024 to a net profit of SAR 58.3 million in 2025. Revenue growth of 25% to SAR 18.3 billion, driven by expanded public transportation operations, demonstrates strong operational momentum. The company's accumulated losses as a percentage of capital improved significantly from 25.2% to 21.9%, indicating enhanced financial health. Additionally, comprehensive income soared 605.32% to SAR 55 million, reflecting improved operational efficiency and reduced financing costs. This fundamental transformation from loss-making to profitability, combined with robust revenue growth in Saudi Arabia's expanding transportation sector, appears to have driven strong investor confidence and the subsequent stock price appreciation.

Raoom Trading Co.: The daily gain is 7.7%, experiences 117% volume surge driven by heightened institutional investor demand and market confidence.

In a noteworthy development, the possible reason for the stock price increase of 4144.SA (Raoom Trading Co.) may be attributed to exceptional trading momentum and heightened investor interest. The stock's impressive 7.7% daily surge, coupled with a solid 10.0% year-to-date gain, reflects strong market confidence in the company's prospects. Most significantly, trading volume experienced a dramatic spike of 117.97% to 137.54% above the three-month average, with daily volumes reaching 128,601-140,276 shares compared to the typical 59,000 shares. This surge indicates substantial institutional or informed investor activity, suggesting potential positive catalysts specific to the company. The stock's counter-cyclical performance against cautious broader Saudi market sentiment further underscores its relative strength. As a small-cap entity with a market capitalization of 8.1 billion Saudi Riyals, Raoom Trading Co. appears to be capturing investor attention seeking growth opportunities in the Saudi market, with its ranking as the 8th weekly gainer demonstrating sustained upward momentum.

Canadian Medical Center Co.: The daily gain is 7.5%, surges 7.5% on Vision 2030 healthcare initiatives driving strong institutional investor interest and growth prospects.

In a noteworthy development, the possible reason for the stock price increase of 4021.SA (Canadian Medical Center Co.) may be attributed to several market dynamics. The 7.5% surge likely reflects renewed investor confidence in Saudi Arabia's healthcare sector, particularly amid the Kingdom's Vision 2030 healthcare transformation initiatives. The company's substantial 4.5 billion Saudi Riyal market capitalization suggests institutional buying interest may be driving the rally. Technical factors appear significant, as the stock rebounds from its year-to-date decline of 3.6%, potentially attracting value-oriented investors seeking entry opportunities. The broader healthcare sector momentum in the Gulf region, coupled with increasing demand for medical services, may be supporting the stock's recovery. Market liquidity conditions and positive sentiment toward established medical service providers in Saudi Arabia could also be contributing factors. The sharp daily gain suggests either fundamental improvements in the company's outlook or strong technical buying pressure, representing a notable reversal from previous underperformance in the Tadawul market.

Rabigh Refining and Petrochemical Co.: The daily gain is 7.0%, surges amid strong oil markets and Saudi Vision 2030 strategic alignment driving growth.

Rabigh Refining and Petrochemical Company operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in January 2008. The corporation functions within the energy sector, specializing in oil and gas refining and marketing operations. Headquartered in Mecca, Saudi Arabia, the company was incorporated in September 2005 and conducts business under the commercial name Petro Rabigh.

In a noteworthy development, the possible reason for the stock price increase of 2380.SA (Rabigh Refining and Petrochemical Co.) may be attributed to several converging market factors. The company's impressive 7.0% daily surge, coupled with a remarkable 53.9% year-to-date gain, reflects strong investor confidence in the petrochemical sector. Trading volumes have surged significantly, with daily volumes reaching 6.35 million shares, representing a 75.36% increase above the three-month average, indicating heightened institutional interest. The rally likely stems from favorable oil market conditions benefiting integrated refining operations, as rising crude prices typically improve refining margins. Additionally, Saudi Arabia's Vision 2030 economic diversification strategy, which emphasizes petrochemical sector development, may be driving investor optimism. The company's strategic positioning within the Kingdom's industrial transformation agenda, combined with growing regional energy demand and potential operational efficiency improvements, appears to be resonating positively with market participants, supporting the sustained upward momentum in share price performance.

Saudi Chemical Co.: The daily gain is 6.4%, Gains investor confidence through strong financials and market recognition, boosting company valuation and stakeholder trust.

Saudi Chemical Co operates as a publicly traded entity on the Saudi Stock Exchange (Tadawul) since May 2002. The company functions within the Materials sector, specializing in commodity chemicals production. Headquartered in Riyadh, Saudi Arabia, the organization was incorporated in March 1972.

In a noteworthy development, the possible reason for the stock price increase of 2230.SA (Saudi Chemical Co.) may be attributed to several converging factors that have enhanced investor confidence. The company's robust financial performance stands out as a primary catalyst, with earnings growth of 15.1% surpassing industry benchmarks and net income rising to SAR 335.32 million in 2025 from SAR 291.24 million previously. The diversified business model, anchored by a pharmaceutical and medical supplies division generating SAR 6.72 billion in revenue, provides stable cash flows across multiple sectors. Market recognition has intensified following the company's inclusion among the "10 undiscovered gem stocks with strong fundamentals in the Middle East region" and Simply Wall St's impressive 5.5-star value rating. The stock's 39.3% discount to estimated fair value presents a compelling valuation opportunity that sophisticated investors appear to be capitalizing on. Despite a debt-to-equity ratio of 47.39%, the company maintains financial stability with EBIT covering interest payments 5.1 times over, demonstrating solid debt management capabilities that support sustainable growth prospects in the expanding Saudi chemicals sector.

Saudi Pharmaceutical Industries and Medical Appliances Corp.: The daily gain is 6.0%, the stock price has risen.

SPIMACO, a publicly traded pharmaceutical corporation on the Saudi Stock Exchange (Tadawul) since October 1993, operates within the pharmaceuticals, biotechnology, and life sciences sector. Established in January 1986 and headquartered in Riyadh, the company specializes in pharmaceutical manufacturing and medical appliances. The entity maintains its primary focus on pharmaceutical operations within the Saudi Arabian market.

It is worth noting that the daily gain of Saudi Pharmaceutical Industries and Medical Appliances Corp.(2070.SA) is 6.0%, and the year-to-date gain/loss is 24.9%.

East Pipes Integrated Company for Industry: The daily gain is 5.6%, Reports 51.8% Revenue Growth, Demonstrating Strong Financial Performance and Enhanced Market Position

East Pipes Integrated Company for Industry operates as a publicly traded entity on the Saudi Stock Exchange since February 2022. The organization specializes in pipeline and storage solutions within the energy, oil, and gas sector. Established in May 2010 and headquartered in Dammam, Saudi Arabia, the company provides integrated industrial services to support regional energy infrastructure requirements and market demands.

In a noteworthy development, the possible reason for the stock price increase of 1321.SA (East Pipes Integrated Company for Industry) may be attributed to several fundamental and strategic factors. The company's exceptional five-year annualized revenue growth of 51.8% demonstrates robust operational performance, while its attractive valuation at 9.6x P/E ratio significantly below the Saudi market average of 16.8x presents compelling value. Recent operational expansion through a new production line adding 100,000 tons capacity and securing a 60 million Saudi Riyal steel pipe coating contract signal strong business momentum. The dramatic improvement in financial health, with debt-to-equity ratio declining from 55% to 2.4% over five years, reflects prudent management. Additionally, Welspun Pipe Company's substantial stake increase from under 5% to 22% indicates institutional confidence in the energy pipeline solutions provider's prospects within Saudi Arabia's expanding industrial infrastructure sector.

Specialized Medical Co.: The daily gain is 5.4%, clarifies selling shareholders, not company, bear IPO expenses in recent statement.

In a noteworthy development, the possible reason for the stock price increase of 4019.SA (Specialized Medical Co.) may be attributed to the company's corrective announcement regarding its 2025 annual financial results. The healthcare firm clarified misleading statements about IPO-related expenses, revealing that all IPO fees and costs are actually borne by selling shareholders proportionally rather than by the company itself. This financial transparency eliminated investor concerns about potential balance sheet burdens, as the IPO expenses have no impact on the company's financial position or cash flow. The correction addressed inaccurate language in previous announcements regarding "offsetting restructuring costs, IPO-related fees, and one-time items," providing investors with a clearer understanding of the company's true financial obligations. The market responded positively to this corporate governance demonstration, with the stock gaining 5.4% following the announcement. The proactive approach to correct misleading information and maintain shareholder transparency appears to have reduced uncertainty that may have previously weighed on the stock price, contributing to its 3.1% year-to-date performance.

Saudi Steel Pipe Co.: The daily gain is 4.6%, secures 127M riyal contract with Saudi Aramco for steel pipe supply and services.

Saudi Steel Pipe (SSP) operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having achieved listing status in August 2009. The organization functions within the Materials sector with specialized focus on steel operations. Headquartered in Dammam, Saudi Arabia, the company was incorporated in June 1980, establishing over four decades of market presence in the regional steel pipe manufacturing industry.

In a noteworthy development, the possible reason for the stock price increase of 1320.SA (Saudi Steel Pipe Co.) may be attributed to the company's strategic contract win with Saudi Aramco. The firm secured a substantial 127 million Saudi Riyal contract to supply oil and gas steel pipes over a 12-month period, with financial benefits expected to materialize in the first half of fiscal 2027. This partnership with Saudi Arabia's flagship energy company validates SSP's market position and provides significant revenue visibility. The announcement triggered exceptional market interest, evidenced by trading volume surging 187.57% to 618,764 shares, far exceeding the three-month average of 215,170 shares. The contract represents a strategic validation of SSP's capabilities in serving critical energy infrastructure needs, aligning with Saudi Vision 2030's industrial development objectives. Combined with the company's year-to-date gains of 18.6%, this development reinforces investor confidence in SSP's growth trajectory within the materials sector.

Editor's note: This content was generated by Sahm's in-house AI-enabled SaaS tool and was reviewed by our editing team. Risk and Disclaimer: The content provided above is solely for informational purposes and does not represent the views or positions of Sahm Platform. While we strive for accuracy, we cannot guarantee the authenticity or completeness of the information contained in the provided content. We strongly recommend that investors consult with a qualified investment advisor when deemed necessary. Sahm Platform neither provides investment advice nor makes any representations or warranties concerning the accuracy, reliability, or completeness of the information in the content provided above. By using Sahm Platform, you acknowledge that you have read, understood, and agreed to the terms set forth in this disclaimer.