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 02/02/2026, the Tadawul All Shares Index rose by 1.38%, closing at 11321.09 points; the Parallel Market Capped Index rose by 1.17%, closing at 24013.03 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:

Saudi Pharmaceutical Industries and Medical Appliances Corp.: The daily gain is 7.3%, SPIMACO's growth shows rising investor confidence in Saudi Arabia's healthcare sector.

SPIMACO, a publicly traded pharmaceutical company, has been listed on the Saudi Stock Exchange (Tadawul) since 1993. Established in 1986 and headquartered in Riyadh, Saudi Arabia, the firm specializes in pharmaceuticals within the broader Pharmaceuticals, Biotechnology, and Life Sciences sector. SPIMACO's operations focus primarily on the development and production of pharmaceutical products.

In a noteworthy development, the possible reason for the stock price increase of 2070.SA (Saudi Pharmaceutical Industries and Medical Appliances Corp.) may be attributed to strong market performance and investor confidence. The company's shares surged 7.3% in a single day, contributing to an impressive year-to-date gain of 11.1%. This robust growth has propelled SPIMACO's market capitalization to 34.5 billion Saudi Riyals, solidifying its position as a major player in the Saudi pharmaceutical sector. The stock's upward trajectory likely reflects positive investor sentiment towards the company's growth prospects and potential benefits from Saudi Arabia's healthcare sector development initiatives.

Rasan Information Technology Co.: The daily gain is 6.5%, Strong market position and solid financials boost investor confidence in Rasan.

In a noteworthy development, the possible reason for the stock price increase of 8313.SA (Rasan Information Technology Co.) may be attributed to its robust market performance and strong financial indicators. The company's stock surged 6.5% in a single day, contributing to an impressive year-to-date gain of 24.2%. Rasan's solid position in the Saudi Arabian market is evident from its 6th place ranking among long-term strong stocks. The firm boasts a high composite score of 89.58, with an outstanding RPS score of 98.77 and a commendable earnings score of 75.80. These metrics, coupled with its substantial market capitalization of 10.73 billion Saudi Riyals, likely fueled investor confidence. Additionally, Rasan's consistent performance in the insurance sector and its inclusion in the top 10 stocks with the highest monthly gains have further bolstered its appeal to market participants.

Knowledge Economic City: The daily gain is 6.2%, secures SAR 150M financing for project development in Saudi Arabia.

Knowledge Economic City (KEC) is a publicly traded entity on the Saudi Stock Exchange (Tadawul) since 2010. Headquartered in Medina, Saudi Arabia, KEC specializes in diversified real estate activities within the broader real estate sector. The company's operations encompass various aspects of property development and management, contributing to the economic landscape of the region.

In a noteworthy development, the possible reason for the stock price increase of 4310.SA (Knowledge Economic City) may be attributed to the company's recent announcement of securing SAR 150 million in Sharia-compliant financing from Banque Saudi Fransi. This four-year financing, earmarked for infrastructure development in the Islamic World District Project, demonstrates the company's ability to access capital for its real estate initiatives. The positive market reaction, reflected in a 6.2% daily gain and 14.6% year-to-date increase, suggests investor confidence in the company's growth prospects and project execution capabilities.