Market Movements Now | Ades (2382), SNB (1180) and 3 More Stocks to 52-Week Highs; ALASEEL (4012) Jumps With 829.91% Volume Surge; MASAR (4325) Revenue Slashed by SAR 265M
ACWA 2082.SA | 169.50 | -1.57% |
ADES 2382.SA | 18.19 | -0.82% |
ALRAJHI 1120.SA | 106.40 | -0.09% |
SNB 1180.SA | 42.46 | +0.28% |
SAUDI ARAMCO 2222.SA | 27.60 | +0.15% |
TASI Mid-Market Update — January 26, 2026
The Saudi benchmark index Tadawul All Shares Index(TASI.SA) edged lower during Monday’s early trading session, mirroring a broader retreat across Gulf equity markets. The index saw a decline of 0.1%, pressured by performance in the heavyweight banking and energy sectors.
Al Rajhi Bank(1120.SA) recorded a 1% decline, contributing significantly to the index's downward movement. The Saudi National Bank(1180.SA) higher by 0.2%.
Shares of the national oil company, Saudi Arabian Oil Co.(2222.SA), softened by 0.3%.
For other large-caps, ACWA POWER Co.(2082.SA) rises 4.8%, while Saudi Arabian Mining Co.(1211.SA) up by 1.6%.
Global crude prices remained relatively stable during the session. Market participants are currently monitoring geopolitical developments, specifically renewed U.S. sanctions targeting Iranian oil transport vessels, following a nearly 3% rise in oil prices last Friday.
The local market sentiment is being influenced by a complex global macroeconomic backdrop, including:
- Increased geopolitical tensions concerning U.S.-NATO policy and potential military rhetoric involving Greenland.
- Ongoing uncertainty regarding U.S. trade policy, specifically potential tariff escalations involving Canada and France.
- Market focus on the U.S. Federal Reserve’s future policy independence and interest rate trajectory.
Notable News
MASAR Revenue Slashed by SAR 265M
Umm Al Qura for Development and Construction Co.(4325.SA) terminated a land sale contract with Tomooh AlKhaleej following a material buyer breach. The cancellation reduces 2025 revenue by SAR 264.9M and net profit by SAR 119M. Despite the impact, Umm Al Qura for Development and Construction remains confident in Masar Destination’s investment appeal.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| - | - | - | - | - |
Related reads: When will users receive dividends?
New 52-Week High before 1:05 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Arabian Mining Co.(1211.SA) | 79.00 |
| The Saudi National Bank(1180.SA) | 43.30 |
| SABIC Agri-Nutrients Co.(2020.SA) | 128.00 |
| Ades Holding Co.(2382.SA) | 18.90 |
| Rasan Information Technology Co.(8313.SA) | 140.00 |
Significant Volume Surge before 1:05 pm
Top Gainers before 1:05 pm
| Company | Price | Change |
|---|---|---|
| ACWA POWER Co.(2082.SA) | 192.00 | 5.55% |
| Ades Holding Co.(2382.SA) | 18.77 | 5.15% |
| Almasane Alkobra Mining Co(1322.SA) | 108.10 | 4.95% |
| Savola Group(2050.SA) | 23.55 | 4.62% |
| Thob Al Aseel Co.(4012.SA) | 3.69 | 4.24% |
Top Losers before 1:05 pm
| Company | Price | Change |
|---|---|---|
| Herfy Food Services Co.(6002.SA) | 16.49 | -4.41% |
| Emaar The Economic City(4220.SA) | 9.82 | -2.68% |
| Arab National Bank(1080.SA) | 22.40 | -2.61% |
| Al Moammar Information Systems Co.(7200.SA) | 177.30 | -2.58% |
| National Company for Learning and Education(4291.SA) | 128.60 | -2.43% |