Market Movements Now | Al Rajhi Bank (1120) Q2 Profit Rises 14%, Beats Estimates; SRMG (4210) Surge 9% after STC Agreement Tops 5% of Revenue; SNB (1180) Approves SAR 1.15/share Dividend
SFICO 6050.SA | 0.00 | |
SRMG 4210.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 | |
SNB 1180.SA | 0.00 |
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TASI Mid-Market Update — July 21, 2026
Saudi Arabia's benchmark stock index, the Tadawul All Shares Index(TASI.SA), declined by 0.3% in early Tuesday trading, reflecting broader mixed performance across regional Gulf equity markets.
The drop in the index was largely driven by pressure from key heavyweights, with banking leader Al Rajhi Bank(1120.SA) slipping 1.3% and energy giant Saudi Arabian Oil Co.(2222.SA) dipping 0.5%.
Market sentiment was influenced by a combination of geopolitical developments and commodity movements. Investors evaluated reports of prospective diplomatic mediation between the U.S. and Iran alongside emerging security risks, including threats of a naval blockade targeting Saudi maritime trade routes. Simultaneously, weakness in global energy markets weighed on sentiment, with Brent crude futures declining 1.1% to $88.26 per barrel.
In the large-cap sector, The Saudi National Bank(1180.SA) is rallying, 1.50%. Saudi Arabian Mining Co.(1211.SA) is easing by 0.70%. ACWA POWER Co.(2082.SA) and Saudi Basic Industries Corp.(2010.SA) are both higher, moving 1.2% and 0.3% respectively. Saudi Arabian Oil Co.(2222.SA) is seeing a slight dip of 0.4%.
Notable News
Saudi National Bank Q2 Profit Rises 8%, Approves SAR 1.15/share Dividend
The Saudi National Bank(1180.SA) reported a 7.6% year-on-year increase in Q2 2026 net profit to SAR 6.61 billion, driven by higher operating income. For H1 2026, net profit reached SAR 13.03 billion, up 7.2%. The bank’s board approved a SAR 6.9 billion cash dividend for H1 at SAR 1.15 per share.
Alinma Bank Q2 Profit Rises 1%
Alinma Bank(1150.SA) reported a 1.4% year-on-year increase in Q2 2026 net profit to SAR 1.60 billion, driven by higher financing and investment volume. For H1 2026, net profit grew 6.2% to SAR 3.27 billion. The bank's board approved a Q2 cash dividend distribution of SAR 746.3 million at SAR 0.25 per share.
Al Rajhi Bank Q2 Profit Rises 14%, Beats Estimates
Al Rajhi Bank(1120.SA) reported a 14.0% year-on-year increase in Q2 2026 net profit to SAR 7.01 billion (topping analysts' mean estimate of SAR 6.6 billion, according to data provider LSEG), driven by a 13.3% rise in total operating income. For H1 2026, net profit grew 14.2% to SAR 13.76 billion compared to SAR 12.06 billion in H1 2025. Total assets reached SAR 1.05 trillion, up 1.8% year-on-year.
Saudi Darb Files Enforcement Against Ex-Directors
Saudi Darb Investment Co.(4130.SA) received notification from its legal counsel on July 20, 2026, that six enforcement applications have been filed with the Riyadh Enforcement Court against former board members who served from February 10, 2010, to February 9, 2013. The filings seek to enforce joint and several compensation totaling SAR 100 million following a case before the Capital Market Authority. The company stated any material developments will be announced in due course.
Saudi Research & Media Surge 9% after STC Agreement Tops 5% SRMG Revenue
Saudi Research and Media Group(4210.SA) subsidiary SRMG Media Solutions signed a three-year sponsorship and advertising agreement with Saudi Telecom Company (STC) for Saudi Pro League media representative Thmanyah. The deal value exceeds 5% of SRMG’s 2025 revenues, with financial impact starting in Q3 2026. Shares once rose 8.63% following the news.
Aldrees Shares Surge 7% Post Results
Aldrees Petroleum and Transport Services Co.(4200.SA) reported a 28.1% year-on-year increase in Q2 2026 net profit to SAR 123.9 million, driven by higher Petrol and Transport division sales from the expansion of service stations and fleet size. Sales rose 18.0% to SAR 7.33 billion. Following the report, Aldrees shares surged 7.46%.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Alkhabeer REIT Fund(4348.SA) | 2026-04-30 | 2026-05-12 | 2026-07-21 | 0.105 |
| Mobile Telecommunication Company Saudi Arabia(7030.SA) | 2026-02-11 | 2026-06-30 | 2026-07-21 | 0.50 |
Related reads: When will users receive dividends?
New 52-Week High before 12:21 pm
| Symbol | 52W High Price |
|---|---|
| Gulf Insurance Group(8250.SA) | 34.16 |
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Significant Volume Surge before 12:21 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Saudi Research and Media Group(4210.SA) | +210.79% | 196,814 | 611,675 |
| Aldrees Petroleum and Transport Services Co.(4200.SA) | +202.6% | 271,749 | 822,323 |
| LIVA Insurance Co.(8280.SA) | +189.99% | 301,502 | 874,337 |
| YAQEEN PETROCHEMICAL ETF(9401.SA) | +107.43% | 1,427 | 2,960 |
| Gulf Insurance Group(8250.SA) | +83.19% | 189,063 | 346,347 |
| Knowledge Economic City(4310.SA) | +75.5% | 382,199 | 670,763 |
| Saudi Fisheries Co.(6050.SA) | +73.03% | 525,716 | 909,650 |
| Alinma Bank(1150.SA) | +62.54% | 4,327,089 | 7,033,289 |
| Ash-Sharqiyah Development Co.(6060.SA) | +59.28% | 591,666 | 942,432 |
| Saudi Azm for Communication and Information Technology Co.(7211.SA) | +57.53% | 82,617 | 130,147 |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | +50.18% | 335,760 | 504,242 |
| Seera Group Holding(1810.SA) | +37.83% | 511,929 | 705,585 |
| Alistithmar AREIC Diversified REIT Fund(4350.SA) | +36.53% | 67,834 | 92,611 |
| Al Khabeer Diversified Income Traded Fund(4700.SA) | +26.59% | 39,966 | 50,594 |
| Nama Chemicals Co.(2210.SA) | +15.5% | 100,544 | 116,132 |
Top Gainers before 12:21 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Saudi Fisheries Co.(6050.SA) | 69.45 | +6.85% |
| Saudi Research and Media Group(4210.SA) | 65.60 | +6.84% |
| Aldrees Petroleum and Transport Services Co.(4200.SA) | 114.50 | +6.71% |
| Gulf Insurance Group(8250.SA) | 34.06 | +6.11% |
| Thimar Development Holding Co.(4160.SA) | 35.24 | +4.26% |
Top Losers before 12:21 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| LIVA Insurance Co.(8280.SA) | 13.92 | -4.92% |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | 41.86 | -4.78% |
| Mutakamela Insurance Co.(8040.SA) | 12.83 | -4.25% |
| Al-Etihad Cooperative Insurance Co.(8170.SA) | 7.13 | -3.65% |
| Alinma Bank(1150.SA) | 23.77 | -3.37% |