Day's Trending Saudi Stocks | Saudi Real Estate Co.: Daily Gain of 6.3%, Secures $160M Financing, Awards Major Project Contract, Strengthening Development Capabilities and Market Position

ALAKARIA
MESC
ALMASAR ALSHAMIL
EAST PIPES
PETRO RABIGH

ALAKARIA

4020.SA

0.00

MESC

2370.SA

0.00

ALMASAR ALSHAMIL

6019.SA

0.00

EAST PIPES

1321.SA

0.00

PETRO RABIGH

2380.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 12/05/2026, the Tadawul All Shares Index dropped by 1.07%, closing at 11039.23 points; the Parallel Market Capped Index rose by 0.7%, closing at 22794.54 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:

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Saudi Real Estate Co.: The daily gain is 6.3%, secures $160M financing and awards major project contract, strengthening development capabilities and market position.

Saudi Real Estate Co (ALAKARIA) operates as a publicly traded entity on the Saudi Stock Exchange (Tadawul) since January 1993. The corporation specializes in diversified real estate activities within the sector. Headquartered in Riyadh, the firm was incorporated in July 1976.

In a noteworthy development, the possible reason for the stock price increase of 4020.SA (Saudi Real Estate Co.) may be attributed to several significant corporate actions and financial improvements. The company's subsidiary Binyah successfully renewed its Sharia-compliant credit facility agreement with Bank Albilad, securing 600 million Saudi Riyals ($160 million) in financing to support operational activities and enhance future project funding capacity. Additionally, Saudi Real Estate Co. awarded the substantial Porta Jeddah mixed-use project (Package 1) to MOBCO for 463.1 million Saudi Riyals, demonstrating active project execution and revenue pipeline development. The contract encompasses structural engineering for hotels, facades, MEP works, and landscaping components. The company's Q1 2026 financial results showed remarkable improvement with net profit surging 251.849% to 475.7 million Saudi Riyals, primarily driven by remeasurement gains from its Riyadh Holding Company investment. Despite revenue declining 49.084% to 319.8 million Saudi Riyals due to reduced real estate sales, the substantial profit increase and secured financing arrangements appear to be driving sustained investor confidence, resulting in today's 6.3% gain and 19.6% year-to-date performance.

Middle East Specialized Cables Co.: The daily gain is 6.0%, achieves 69.7% profit surge, obtains AED 110M financing deal.

Middle East Specialized Cables operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having achieved listing status in December 2007. The corporation functions within the Capital Goods sector, specializing in electrical components and equipment manufacturing. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in November 1992. The organization maintains its primary business operations in the electrical infrastructure segment, serving regional and international markets through its specialized cable and electrical equipment portfolio.

In a noteworthy development, the possible reason for the stock price increase of 2370.SA (Middle East Specialized Cables Co.) may be attributed to exceptional first-quarter 2026 financial performance and strategic financing arrangements. The company reported remarkable net profit growth of 69.7% year-over-year to SAR 32.58 million, while revenue surged 36.4% to SAR 462.47 million, driven by robust product demand and enhanced distribution channels. Earnings per share improved significantly from SAR 0.48 to SAR 0.81, reflecting operational efficiency gains. Additionally, the company secured AED 110 million in Sharia-compliant banking facilities from Emirates Islamic Bank for working capital financing and letter of credit issuance. These positive fundamentals, combined with the company's market share expansion strategy in Saudi Arabia's growing electrical infrastructure sector, have generated strong investor confidence, resulting in today's 6.0% surge and an impressive 61.9% year-to-date gain.

Al Masar Al Shamil Education Co.: The daily gain is 5.6%, Q1 2026 results exceed forecasts with impressive 33.9% profit growth surge.

In a noteworthy development, the possible reason for the stock price increase of 6019.SA (Al Masar Al Shamil Education Co.) may be attributed to the company's robust Q1 2026 financial performance that significantly exceeded market expectations. The education company reported impressive results with net profit surging 33.944% year-over-year to SAR 53.91 million, while revenue grew 22.017% to SAR 187.66 million. This strong performance was driven by robust enrollment growth across all business segments and successful strategic execution in special needs education and higher education sectors. The company demonstrated improved operational efficiency with gross profit increasing 22.64% to SAR 89.379 million and operating profit rising 30.031% to SAR 69.958 million. Additionally, earnings per share improved substantially to SAR 0.53 from SAR 0.39 in the prior year, enhancing shareholder returns. Market enthusiasm was evident as trading volume surged 278.09% to 1.199 million shares, far exceeding the three-month average of 317,000 shares, indicating strong investor confidence in the company's growth trajectory despite the year-to-date decline of 13.6%.

Company Symbol

Capital (Billion Riyals)

Latest Gains

Change since the Beginning of the Year

Saudi Real Estate Co.(4020.SA) 5.786.3%19.6%
Middle East Specialized Cables Co.(2370.SA) 1.386.0%61.9%
Al Masar Al Shamil Education Co.(6019.SA) 2.215.6%-13.6%
East Pipes Integrated Company for Industry(1321.SA) 6.143.9%41.0%
Rabigh Refining and Petrochemical Co.(2380.SA) 33.613.7%123.7%
Saudi Aramco Base Oil Co.(2223.SA) 20.73.6%27.9%
Arabian Pipes Co.(2200.SA) 1.443.3%52.6%
Saudi Industrial Development Co.(2130.SA) 0.392.4%8.5%
Baazeem Trading Co.(4051.SA) 0.62.1%-11.8%
Arabian Company for Agricultural and Industrial Investment(2287.SA) 0.792.0%-15.1%