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 02/01/2025, the Tadawul All Shares Index rose by 0.21%, closing at 12102.55 points; the Parallel Market Capped Index rose by 0.04%, closing at 31005.69 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:

Tihama Advertising and Public Relations Co.: The daily gain is 9.9%, reports profit, resumes trading, and extends WPP partnership.

Tihama Advertising and Public Relations Co (TAPRCO) is a publicly traded entity on the Saudi Stock Exchange (Tadawul) since 1993. Operating in the media sector with a focus on advertising, TAPRCO was founded in 1983 and is headquartered in Riyadh, Saudi Arabia. The company has established itself as a significant player in the regional advertising and public relations industry.

In a noteworthy development, the possible reason for the stock price increase of 4070.SA (Tihama Advertising and Public Relations Co.) may be attributed to several factors. The company reported a significant financial turnaround, posting a net profit of 859,330 Saudi Riyals in Q2 2024, compared to a loss in the previous year. This improvement was driven by reduced losses across departments and increased profitability in production. The resumption of trading on January 2, 2025, after a prolonged suspension, likely sparked renewed investor interest. Additionally, Tihama extended its strategic partnership with WPP plc until June 2025, potentially viewed positively by the market. The stock's substantial trading volume of 7.9 million shares on the resumption day further indicates strong investor enthusiasm, contributing to the 9.9% price increase.

Zamil Industrial Investment Co.: The daily gain is 8.0%, Thrives on Saudi economic boom, posting robust financial results.

Zamil Industrial Investment, trading as Zamil Indust, has been publicly listed on the Saudi Stock Exchange (Tadawul) since February 2002. The company, founded in September 1976 and headquartered in Dammam, Saudi Arabia, operates in the Materials sector with a focus on steel production. Zamil Indust has established itself as a significant player in the industrial investment landscape of the region.

In a noteworthy development, the possible reason for the stock price increase of 2240.SA (Zamil Industrial Investment Co.) may be attributed to several factors. The company's shares surged 8.0% in a single day, contributing to an impressive year-to-date gain of 8.3%. This robust performance has propelled Zamil Industrial's market capitalization to 21 billion Saudi Riyals. The significant uptick suggests growing investor confidence in the company's prospects, potentially driven by positive developments in Saudi Arabia's materials sector or increased demand for construction materials. Additionally, the company may have secured new contracts or announced strategic initiatives, further bolstering investor sentiment. The broader economic growth in Saudi Arabia could also be contributing to the stock's upward trajectory.

Al Yamamah Steel Industries Co.: The daily gain is 5.4%, reports profit turnaround in fiscal year 2024, reversing previous losses.

Al Yamamah Steel Industries, a publicly traded entity on the Saudi Stock Exchange (Tadawul) since May 2016, operates in the materials sector with a focus on steel production. Established in January 1989 and headquartered in Riyadh, Saudi Arabia, the company has become a significant player in the regional steel industry, contributing to the kingdom's industrial development and economic diversification efforts.

In a noteworthy development, the possible reason for the stock price increase of 1304.SA (Al Yamamah Steel Industries Co.) may be its remarkable financial turnaround in fiscal year 2024. The company reported earnings per share of 1.39 Saudi Riyals, a significant improvement from the previous year's loss of 2.56 Saudi Riyals per share. Revenue grew 26% year-over-year to 1.96 billion Saudi Riyals, while net profit reached 70.2 million Saudi Riyals, reversing the prior year's loss. The improved profit margin of 3.6% and strong revenue growth have likely bolstered investor confidence, contributing to the stock's 5.4% daily gain and 7.6% year-to-date increase.

Editor's note: This content was generated by Sahm's in-house AI-enabled SaaS tool and was reviewed by our editing team.