Day's Trending Saudi Stocks | Saleh AlRashed: The daily gain is 14.4%, launches on Saudi Exchange with remarkable 67x institutional investor oversubscription rate

SALEH ALRASHED -3.86%
RETAL 0.00%
EMAAR EC +9.99%
ZOUJAJ +1.72%
SGS +0.12%

SALEH ALRASHED

1324.SA

66.05

-3.86%

RETAL

4322.SA

13.67

0.00%

EMAAR EC

4220.SA

11.78

+9.99%

ZOUJAJ

2150.SA

37.82

+1.72%

SGS

4031.SA

32.78

+0.12%

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 11/03/2026, the Tadawul All Shares Index rose by 0.11%, closing at 10942.0 points; the Parallel Market Capped Index dropped by 0.19%, closing at 22237.93 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:

img

Saleh Abdulaziz Al Rashed and Sons Co.: The daily gain is 14.4%, launches on Saudi Exchange with remarkable 67x institutional investor oversubscription rate.

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 its successful market debut following a highly oversubscribed IPO. The company commenced trading on the Saudi Stock Exchange's main board at SAR 45 per share, representing the first new listing in GCC markets since regional conflicts began. The IPO demonstrated exceptional investor demand, with institutional investors oversubscribing by approximately 67 times and retail investors showing 161% oversubscription. Strong 2025 financial results further supported investor confidence, with net profit surging 53.56% to SAR 91.66 million and revenue growing 23.34% to SAR 739.5 million, driven by a 28% increase in construction materials sales volume. The company's dominant 28% market share in Riyadh's aggregate materials sector and consistent revenue growth trajectory from SAR 430 million in 2022 to SAR 600 million in 2024 reinforced its market position, contributing to the 14.4% trading debut surge.

Retal Urban Development co.: The daily gain is 4.3%, secures $850M mixed-use development contract at King Salman Park in Riyadh, Saudi Arabia.

Retal Urban Development Co. operates as a publicly traded entity on the Saudi Exchange (Tadawul) following its listing in June 2022. The corporation specializes in real estate management and development services within the broader real estate and property development sector. Headquartered in Khobar, Saudi Arabia, the company was incorporated in February 2012 and maintains its primary focus on comprehensive real estate solutions and urban development initiatives across the Kingdom.

In a noteworthy development, the possible reason for the stock price increase of 4322.SA (Retal Urban Development co.) may be attributed to the company's successful acquisition of a landmark SAR 3.2 billion ($850 million) mixed-use development contract at King Salman Park in Riyadh. The project award represents one of the largest contracts in Retal's corporate history, positioning the company as the lead developer of a consortium that includes Asasat Real Estate Company and Bahrain's Bareeq Al Retaj. The comprehensive development will feature over 600 residential units, 140+ hotel rooms, approximately 50,000 square meters of Grade A office space, and extensive retail facilities within the park's cultural district. This strategic win demonstrates strong institutional confidence in Retal's development capabilities and aligns with Saudi Arabia's Vision 2030 urban development initiatives. The project benefits from professional funding through SAB Invest-managed investment funds and regulatory oversight by the Capital Market Authority, reducing execution risks while ensuring robust financial backing for the ambitious undertaking.

Emaar The Economic City: The daily gain is 4.2%, the stock price has risen.

Emaar The Economic City operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in October 2006. The corporation specializes in real estate development activities within the broader real estate sector. Headquartered in Jeddah, Saudi Arabia, the company was incorporated in September 2006 and maintains its primary business focus on comprehensive real estate development projects and related investment opportunities in the regional market.

It is worth noting that the daily gain of Emaar The Economic City(4220.SA) is 4.2%, and the year-to-date gain/loss is -8.3%.

The National Company for Glass Industries: The daily gain is 3.0%, Insider boosts stake to 19.52%, driving confidence in 2150.SA shares upward.

The National Company for Glass Industries, commonly referred to as Zoujaj, operates as a publicly traded entity on the Saudi Stock Exchange (Tadawul) under ticker TDWL since December 1993. The company functions within the Materials sector, specializing in metal and glass container manufacturing. Headquartered in Riyadh, Saudi Arabia, Zoujaj was incorporated in January 1990 and maintains its focus on industrial container production for various market segments.

In a noteworthy development, the possible reason for the stock price increase of 2150.SA (The National Company for Glass Industries) may be attributed to strong insider confidence signals and favorable market positioning. The continuous share accumulation by major shareholder Riadh M. AL-Humaidan over three consecutive trading days (March 1-3), increasing ownership from 19.45% to 19.52%, demonstrates significant insider confidence in the company's prospects. This methodical buying pattern suggests the shareholder views the stock as undervalued. The company's established position in Saudi Arabia's materials sector, particularly in metal and glass containers manufacturing since 1993, positions it favorably within the kingdom's Vision 2030 economic diversification initiatives. The Riyadh-based firm benefits from Saudi Arabia's emphasis on industrial development and manufacturing capabilities. With a current market capitalization of 124 billion Saudi Riyals, the stock's 3% daily gain and 6% year-to-date performance reflect positive market sentiment toward the company's fundamentals and growth trajectory in the essential materials sector.

Saudi Ground Services Co.: The daily gain is 2.6%, expands operations through Jazeera Airways partnership and enhanced crisis response services.

Saudi Ground Services Co (SGS) operates as a publicly traded entity on the Saudi Stock Exchange (Tadawul) since June 2015. The corporation specializes in airport services within the transportation sector and maintains headquarters in Jeddah, Saudi Arabia, having commenced operations in July 2008.

In a noteworthy development, the possible reason for the stock price increase of 4031.SA (Saudi Ground Services Co.) may be attributed to several strategic business developments. The company's provision of ground handling services for Jazeera Airways' inaugural flight from Qaisumah Airport, Saudi Arabia to Cairo International Airport represents a significant operational milestone and market expansion opportunity. The explicit recognition from Jazeera Airways' CEO, who publicly acknowledged Saudi Ground Services' contribution to the successful route launch, enhances the company's industry reputation and credibility. This public endorsement from a major airline executive demonstrates SGS's operational excellence and reliability in delivering critical ground services. Furthermore, SGS's strategic involvement in supporting alternative aviation operations during Kuwait International Airport's suspension due to security concerns positions the company as a dependable crisis-response partner in the regional aviation sector. This demonstrates operational flexibility and market adaptability, characteristics highly valued by investors in the transportation services industry. The successful execution of this new international route service may signal broader recovery prospects in the Middle East aviation market and potential revenue growth opportunities for SGS through expanded airline partnerships and service contracts.

Arabian Mills for Food Products Co.: The daily gain is 2.5%, the stock price has risen.

It is worth noting that the daily gain of Arabian Mills for Food Products Co.(2285.SA) is 2.5%, and the year-to-date gain/loss is 5.5%.

Southern Province Cement Co.: The daily gain is 2.3%, the stock price has risen.

Southern Province Cement Corporation operates as a publicly traded entity within Saudi Arabia's construction materials sector. The company maintains its primary operations base in Abha and has been conducting business activities since its establishment in 1978. SPCC has maintained continuous public trading status on the Saudi Stock Exchange since 1993, positioning itself as a key participant in the regional materials industry. The corporation specializes in construction-related material production and distribution, serving both domestic and regional market demands within the Kingdom's infrastructure development initiatives.

It is worth noting that the daily gain of Southern Province Cement Co.(3050.SA) is 2.3%, and the year-to-date gain/loss is 0.4%.

Saudi Company for Hardware: The daily gain is 2.3%, Reports 45.6M Riyal profit turnaround, approves dividend and buyback program for shareholders.

Saudi Company for Hardware (Saco) operates as a publicly traded entity on the Saudi Stock Exchange since May 2015. The company functions within the retail sector, specializing in hardware specialty stores. Established in November 1984 and headquartered in Riyadh, Saudi Arabia, Saco maintains its market presence through specialized retail operations in the hardware segment.

In a noteworthy development, the possible reason for the stock price increase of 4008.SA (Saudi Company for Hardware) may be attributed to several key catalysts. The company achieved a remarkable financial turnaround in 2025, reporting net profits of 45.6 million Saudi Riyals compared to a 14.1 million Riyal loss in the previous year. Revenue growth of 7.39% to 1.067 billion Riyals was driven by new department openings and enhanced e-commerce platform performance. The board approved a dividend distribution of 0.25 Riyals per share, totaling 8.97 million Riyals, signaling management confidence in financial stability. Additionally, shareholders authorized a share buyback program for up to 224,448 shares, with the board believing the current market price undervalues the company. Trading volume surged 166.14% above the three-month average, indicating heightened investor interest following these positive corporate developments.

First Milling Co.: The daily gain is 2.2%, Reports Strong 2025 Results: 10.56% Profit Growth, Attractive Dividend Policy

First Milling Co. (FIRST MILLS) operates as a publicly traded entity on the Saudi Exchange (Tadawul) following its listing in June 2023. The corporation specializes in agricultural and packaged food products within the food, tobacco, and beverages sector. Headquartered in Jeddah, Saudi Arabia, the company was incorporated in November 2016 and maintains its primary business operations in the regional food processing industry.

In a noteworthy development, the possible reason for the stock price increase of 2283.SA (First Milling Co.) may be attributed to the company's strong financial performance and attractive dividend policy. The company reported impressive 2025 results with net profit reaching SAR 277.4 million, representing a 10.56% year-over-year increase, while revenue grew 9.29% to SAR 1.146 billion. The feed business segment demonstrated particularly robust growth of 12.8%, expanding its revenue contribution to 30.7% of total sales. Additionally, the board's decision to distribute SAR 92.18 million in cash dividends for H2 2025 performance, equivalent to SAR 1.67 per share (16.7% of face value), likely enhanced investor sentiment. The company's earnings per share improved from SAR 4.53 to SAR 4.99, while maintaining stable profit margins at 24.2%. These fundamentals, combined with the strategic acquisition of Al-Manar Feed Company enhancing production capacity, appear to support the 2.2% daily gain and 6.6% year-to-date appreciation.

Arabia Insurance Cooperative Co.: The daily gain is 2.2%, AICC Technical Rebound from Oversold Levels Attracts Value Investors

Arabia Insurance Cooperative operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in February 2008. The corporation specializes in multi-line insurance services within the broader insurance sector. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in December 2007 and maintains its primary business focus on comprehensive insurance solutions across multiple product lines.

In a noteworthy development, the possible reason for the stock price increase of 8160.SA (Arabia Insurance Cooperative Co.) may be attributed to technical rebound dynamics following oversold conditions. The 2.2% daily gain appears to reflect investor confidence in the company's fundamental value after the significant 10.6% year-to-date decline created attractive entry points. The rally could stem from improved sentiment toward Saudi Arabia's insurance sector, potentially driven by regulatory developments supporting domestic insurers or renewed investor interest in defensive financial services stocks. As a multi-line insurance provider with established market presence since its 2008 Tadawul listing, AICC may be benefiting from sector rotation strategies among institutional investors. The current SAR 4.4 billion market capitalization suggests the stock has reached levels that attract value-oriented investors seeking exposure to Saudi Arabia's expanding insurance market. Additionally, macroeconomic factors including Vision 2030 initiatives and economic diversification efforts may be enhancing long-term prospects for domestic insurance companies, contributing to renewed buying interest in AICC shares.

Company Symbol

Capital (Billion Riyals)

Latest Gains

Change since the Beginning of the Year

1324.SA0.014.4%14.4%
4322.SA6.954.3%18.9%
4220.SA8.114.2%-8.3%
2150.SA1.243.0%6.0%
4031.SA6.02.6%-12.0%
2285.SA2.092.5%5.5%
4008.SA0.922.3%-1.3%
3050.SA3.132.3%0.4%
2283.SA2.882.2%6.6%
8160.SA0.442.2%-10.6%

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.