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 18/05/2026, the Tadawul All Shares Index dropped by 0.11%, closing at 10956.1 points; the Parallel Market Capped Index dropped by 0.48%, closing at 22723.91 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:

Tabuk Agricultural Development Co.: The daily gain is 5.7%, Announces CEO Transition and Leadership Changes for 2026

Tabuk Agricultural Development Company (TADCO) operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, maintaining its listing status since January 1993. The corporation functions within the food, beverage, and tobacco industry, with primary operations concentrated in agricultural product development and distribution. Headquartered in Tabuk, Saudi Arabia, the company commenced operations in March 1983, establishing itself as a significant participant in the Kingdom's agricultural sector over four decades of business activity.

In a noteworthy development, the possible reason for the stock price increase of 6040.SA (Tabuk Agricultural Development Co.) may be attributed to significant corporate governance changes announced by the company's board of directors. The 5.7% surge appears primarily driven by investor optimism surrounding the upcoming CEO transition scheduled for 2026. The board's decision to terminate Abdullah Hamoud Al-Salhi's CEO position effective May 31, 2026, while retaining him as General Manager, coupled with the appointment of Dr. Khalid Saleh Abu Bakr Baqadir Al-Amoudi as the new CEO from June 1, 2026, has generated positive market sentiment. Dr. Al-Amoudi brings substantial credentials including a doctorate in Economics and over 25 years of leadership experience across industrial, logistics, insurance, and financial sectors. His previous executive roles at Ramex Logistics Services and Wafrah Industrial Development Company demonstrate relevant industry expertise that investors believe could potentially reverse the company's 19.7% year-to-date decline and enhance operational performance in Saudi Arabia's agricultural development sector.

Saudi Chemical Co.: The daily gain is 4.2%, wins $198M military TNT supply contract with Defense Systems Company for explosive materials procurement.

Saudi Chemical Co operates as a publicly traded entity on the Tadawul exchange since May 2002, specializing in commodity chemicals within the materials sector. The Riyadh-based corporation was incorporated in March 1972 and maintains its primary operations in Saudi Arabia's chemical manufacturing industry.

In a noteworthy development, the possible reason for the stock price increase of 2230.SA (Saudi Chemical Co.) may be attributed to a significant military supply contract secured by the company's subsidiary. The five-year agreement with National Company for Mechanical Systems, valued at up to $198 million, involves supplying military-grade trinitrotoluene (TNT). This strategic contract diversifies Saudi Chemical Co.'s portfolio into defense-related chemicals, positioning the company in a specialized, high-value market segment. The agreement is expected to generate positive financial impact starting Q4 2026, providing clear visibility for future earnings growth. Additionally, recent shareholder meeting approvals, including dividend distributions of 0.10 Saudi Riyals per share and new board appointments, demonstrate strong corporate governance. The combination of securing major long-term revenue streams and maintaining shareholder value initiatives has likely boosted investor confidence, contributing to today's 4.2% gain and the impressive 33.1% year-to-date performance.

East Pipes Integrated Company for Industry: The daily gain is 3.7%, Reports 50% Profit Surge, Declares SAR 4 Per Share Dividend

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 focused on energy infrastructure development and related technological solutions for the regional market.

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 exceptional financial performance and strategic dividend distribution. The company reported remarkable FY2026 results with net profit surging 50.02% to SAR 573.3 million and revenue growing 25.36% to SAR 22.98 billion, driven by increased sales volumes and higher average selling prices per ton. The board's decision to distribute SAR 126 million in cash dividends for H2 FY2025-2026, equivalent to SAR 4 per share, significantly enhanced investor appeal. Trading volume surged 76.33% to 692,895 shares, well above the three-month average, indicating heightened market interest. The company's strong technical performance, ranking 7th in Saudi market analysis with an RPS score of 97.90, demonstrates superior momentum. As a specialized Energy, Oil & Gas sector player focusing on pipeline solutions, East Pipes benefits from Saudi Arabia's infrastructure development initiatives, positioning it favorably for continued growth.

Jarir Marketing Co.: The daily gain is 3.3%, Reports Strong Q1 2026: 16.7% Profit Growth, Substantial Dividend Declared

Jarir Marketing operates as a publicly traded entity on the Saudi Exchange under the ticker TDWL, having achieved listing status in December 2003. The corporation functions within the retail sector, specifically concentrating on specialty store operations. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in July 1979. The organization maintains its primary business focus on specialized retail services and has established itself as a significant market participant in the Saudi retail landscape over more than four decades of operations.

In a noteworthy development, the possible reason for the stock price increase of 4190.SA (Jarir Marketing Co.) may be attributed to strong Q1 2026 financial performance and attractive dividend distribution. The Saudi retail technology company reported impressive results with net profit reaching 253.5 million Saudi Riyals, marking a robust 16.7% year-over-year growth. Revenue surged 14.4% to 30.4 billion Saudi Riyals, primarily driven by strong smartphone demand across most business segments. The board's decision to distribute a substantial cash dividend of 252 million Saudi Riyals (0.21 SAR per share) for Q1 2026 likely enhanced investor confidence, representing 21% of the stock's par value. Earnings per share improved to 0.21 SAR from 0.18 SAR in the comparable period. Additionally, trading volume surged 23.18% to 2.32 million shares, significantly above the three-month average, indicating heightened market interest in the company's strong operational performance and shareholder-friendly policies.

Elm Co: The daily gain is 2.8%, Reports 25B SAR revenue, exceeds forecasts by 10% with robust EPS growth, demonstrating strong financial performance.

Elm Co. operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in February 2021. The organization specializes in software and services within the information technology sector, with core competencies in consulting and systems integration solutions. Headquartered in Dammam, Saudi Arabia, the company was incorporated in June 1988 and has established itself as a provider of technology services in the regional market.

In a noteworthy development, the possible reason for the stock price increase of 7203.SA (Elm Co) may be attributed to the company's exceptional financial performance that significantly exceeded market expectations. The latest earnings report revealed revenue of 25 billion Saudi Riyals, surpassing analyst forecasts by 10%, while earnings per share of 8.43 Saudi Riyals dramatically outperformed expectations by 51%. This strong financial showing has prompted 11 analysts to revise their 2026 earnings per share projections upward from 28.01 to 29.38 Saudi Riyals, reflecting enhanced confidence in the company's growth trajectory. Additionally, the successful virtual shareholders' meeting demonstrated robust corporate governance with 79.13% attendance and active participation from 8 of 9 board members, signaling strong investor engagement and management oversight. The 2.8% daily gain appears to represent a technical recovery following the stock's 5.2% year-to-date decline, suggesting the market is beginning to recognize the company's improved fundamentals and operational efficiency despite earlier price pressures.

Rasan Information Technology Co.: The daily gain is 2.2%, Reports 194% profit surge, tops Saudi Strong Stock Radar rankings as #1 performer.

In a noteworthy development, the possible reason for the stock price increase of 8313.SA (Rasan Information Technology Co.) may be attributed to exceptional Q1 2026 financial performance and strong market positioning. The company reported net profit of 88.3 million Saudi Riyals, representing a remarkable 194.32% year-over-year surge from 30 million Saudi Riyals in Q1 2025, positioning it as the 5th highest growth performer in the Saudi market among companies meeting strict criteria of profits exceeding 5 million Saudi Riyals with growth rates above 50%. Technical indicators further support the bullish sentiment, with the stock achieving the #1 ranking on Saudi Arabia's strong stock radar with an impressive composite score of 95.98 points, while maintaining a Relative Strength Rating of 95.72. The successful completion of the ordinary shareholders' meeting on May 12, 2026, with 40% attendance and strong board participation, demonstrates solid corporate governance that likely reinforces investor confidence in the company's strategic direction.

Al Majed Oud Co.: The daily gain is 2.1%, declares 1B SAR dividend distribution; insider purchases signal strong management confidence in company prospects.

In a noteworthy development, the possible reason for the stock price increase of 4165.SA (Al Majed Oud Co.) may be attributed to several positive corporate actions and investor sentiment indicators. The company's announcement of a substantial cash dividend totaling 1 billion Saudi Riyals for fiscal year 2025, representing 4.00 SAR per share (40% of par value), has likely attracted income-focused investors. The dividend distribution is scheduled from May 17-21, with official commencement on May 21, 2026. Additionally, strong shareholder engagement was demonstrated at the May 11 shareholders' meeting with an impressive 82.545% attendance rate. Insider confidence is evidenced by major shareholder Khaled Ali Othman Al Majid's consecutive daily increases in his stake from 15.86% to 15.91% over May 11-12. The approval of corporate governance measures, including the appointment of Dr. Mohammed Al-Omari & Co. (BDO) as external auditor and authorization of board compensation, further reinforces investor confidence in the company's strategic direction.

Rabigh Refining and Petrochemical Co.: The daily gain is 2.0%, posts SAR 14.66B Q1 profit; analysts boost price targets by 32% following strong results.

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 maintains its primary business focus on petrochemical and refining activities in the regional market.

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 key factors. The company achieved a remarkable financial turnaround, reporting SAR 14.66 billion profit in Q1 2026 versus SAR 6.908 billion loss in the previous year, ranking among the top 10 most profitable companies on the Saudi Exchange. Analysts responded positively by raising revenue forecasts 11% and increasing target prices 32% to SAR 14.65, projecting 2026 revenues of SAR 530 billion - a 36% growth rate significantly exceeding the industry average of 1.1%. The stock demonstrates exceptional technical strength with an RPS rating of 99.59, outperforming 99% of market peers and reaching a 52-week high of SAR 16.30. Additionally, favorable energy market conditions, including geopolitical tensions driving Brent crude futures up 3% to $107.38 per barrel, have benefited this oil refining and petrochemical company positioned in Saudi Arabia's strategic energy sector.

Tanmiah Food Co: The daily gain is 2.0%, leverages Saudi Arabia's 2026 and 2034 FIFA World Cup hosting opportunities for strategic business growth and market expansion.

Tanmiah Food Co. operates as a publicly traded entity on the Saudi Exchange since August 2021. The company specializes in agricultural and packaged food products within the food, tobacco, and beverages sector. Headquartered in Riyadh, Saudi Arabia, the organization was incorporated in January 1976 and maintains its market presence through diversified food production operations.

In a noteworthy development, the possible reason for the stock price increase of 2281.SA (Tanmiah Food Co) may be attributed to its strategic positioning as a beneficiary of major sporting events in Saudi Arabia. The company has been designated as a beneficiary stock for the 2026 FIFA World Cup within the food and beverage sector, positioning it to capitalize on increased consumer activity during the tournament. Additionally, Tanmiah has secured inclusion in the supplier roster for Saudi Arabia's 2034 World Cup infrastructure development, specifically as a poultry product provider for construction projects. These dual opportunities represent significant revenue growth prospects for the established Saudi food company, which has operated in the agricultural and packaged foods sector since 1976. The market appears to be responding positively to these developments, with the stock gaining 2.0% today and achieving a 5.0% year-to-date increase, reflecting investor confidence in the company's ability to leverage Saudi Arabia's expanding sports and entertainment infrastructure investments.

National Industrialization Co.: The daily gain is 1.8%, TASNEE leverages Saudi Vision 2030's industrial diversification strategy to expand petrochemical operations and strengthen domestic manufacturing capabilities.

National Industrialization Co (TASNEE) operates as a publicly traded entity on the Saudi Stock Exchange under ticker TDWL since January 1993. The corporation functions within the Capital Goods sector, specializing in Industrial Conglomerates operations. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in May 1985.

In a noteworthy development, the possible reason for the stock price increase of 2060.SA (National Industrialization Co.) may be attributed to several strategic market factors. TASNEE's positioning within Saudi Arabia's Vision 2030 economic diversification initiative appears to be driving investor confidence, as the government emphasizes domestic manufacturing capabilities and reduced oil dependence. The company's diversified industrial portfolio across capital goods sectors aligns favorably with broader industrial recovery trends in the Kingdom. With a substantial market capitalization of 65.7 billion Saudi Riyals and operational history dating to 1985, TASNEE represents an established industrial conglomerate benefiting from sector-wide momentum. The 1.8% daily gain and 7.4% year-to-date performance likely reflect investor optimism regarding the company's strategic positioning within Saudi Arabia's evolving industrial landscape and its potential to capitalize on ongoing economic transformation initiatives.

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