Market Movements Now | ALMAJED OUD (4165) Jumps 7% on Strong Earnings, Volume Surges 490%; SABIC Agri-Nutrients (2020) to 52W High; SIEC (4140) Board Member Resigns
ALMAJED OUD 4165.SA | 163.90 | -0.55% |
ALKATHIRI 3008.SA | 1.91 | -1.04% |
MAADEN 1211.SA | 65.40 | 0.00% |
ACWA 2082.SA | 169.50 | -1.57% |
SAUDI ARAMCO 2222.SA | 27.60 | +0.15% |
TASI Mid-Market Update — February 4, 2026
The Saudi benchmark stock index, Tadawul All Shares Index(TASI.SA), edged up 0.2% during Wednesday’s early trading session, supported by positive momentum in the materials, utilities, and consumer staples sectors.
This movement aligns with a broader trend across Gulf equity markets, which have seen gains driven by firmer global oil prices and a series of upbeat corporate earnings reports.
Performance within key sectors contributed to the index's upward trajectory:
- Materials: Saudi Arabian Mining Co.(1211.SA) gained 2%, emerging as a notable performer in the early session.
- Utilities: ACWA POWER Co.(2082.SA) rose by 1%. The company recently announced the signing of an energy conversion and water purchase agreement valued at approximately $4.1 billion.
- Other Sectors: Gains were also observed in consumer staples, providing additional support to the benchmark.
Regional market sentiment remains influenced by energy price fluctuations and geopolitical developments. Brent crude futures rose 0.4% to $67.58 a barrel, supported by reports of maritime incidents in the Strait of Hormuz and a significant decline in U.S. crude inventories. While firmer oil prices traditionally provide a tailwind for Gulf equities, investors continue to monitor escalating regional tensions for potential market impact.
Global energy giant Saudi Arabian Oil Co.(2222.SA) recorded a modest loss of 0.15%.
Al Rajhi Bank(1120.SA) increases by 0.3%, and The Saudi National Bank(1180.SA) trades 0.5% higher.
Notable News
ALMAJED OUD Jumps 7% on Strong Earnings
Al Majed Oud Co.(4165.SA) reported a 39% surge in net profit to SAR 218 million for 2025, driven by a 19% revenue increase to SAR 1.1 billion. Growth was fueled by market expansion and efficiency. Shareholders' equity grew 24.8% to SAR 584 million, with EPS rising to 8.7. The stock surges 7% on the news.
| Element List | Current Year | Previous Year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,103.5 | 926 | 19.17 |
| Gross Profit (Loss) | 723.3 | 609.7 | 18.63 |
| Operational Profit (Loss) | 237.5 | 178.5 | 33.05 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 217.6 | 157 | 38.6 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 216.1 | 156.4 | 38.17 |
| Total Shareholders Equity (after Deducting Minority Equity) | 584.3 | 468.2 | 24.8 |
| Profit (Loss) per Share | 8.7 | 6.28 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
THIMAR Sells Al-Kharj Road Land
Thimar Development Holding Co.(4160.SA) will sell a 58,793.85-square-meter land asset on Al-Kharj Road to support its financial reorganization and debt settlement. The real estate, valued at SAR 35,760,787 as of December 2025, requires General Assembly approval. The stock rose 1.59% following the announcement.
SIEC Board Member Al-Noisear Resigns
Independent director Khalid Sulaiman Al-Noisear resigned from Saudi Industrial Export Co.(4140.SA) effective February 2, 2026, citing personal circumstances. Having served since June 16, 2025, his departure was announced via regulatory filing as the company’s stock recorded a 5.60% upward movement during the period.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| Arab National Bank(1080.SA) | 2026-02-01 | 2026-02-04 | 2026-02-16 | SAR 0.65 |
| Alkhabeer Growth and Income Traded Fund(4701.SA) | 2026-01-25 | 2026-02-04 | 2026-02-18 | SAR 0.30 |
Related reads: When will users receive dividends?
New 52-Week High before 1:10 pm
| Symbol | 52W High Price |
|---|---|
| SABIC Agri-Nutrients Co.(2020.SA) | 129.60 |
Significant Volume Surge before 1:10 pm
Top Gainers before 1:10 pm
| Company | Price | Change |
|---|---|---|
| Al Majed Oud Co.(4165.SA) | 158.40 | 7.1% |
| Al Kathiri Holding Co.(3008.SA) | 2.14 | 7.0% |
| Advanced Building Industries Co.(2240.SA) | 41.88 | 4.65% |
| Saudi Industrial Export Co.(4140.SA) | 2.59 | 3.6% |
| $Flynas Co. | 62.50 | 3.31% |
Top Losers before 1:10 pm
| Company | Price | Change |
|---|---|---|
| Elm Co(7203.SA) | 704.00 | -5.31% |
| Electrical Industries Co.(1303.SA) | 13.57 | -2.72% |
| Rasan Information Technology Co.(8313.SA) | 139.10 | -2.52% |
| Jamjoom Pharmaceuticals Factory Co.(4015.SA) | 135.40 | -2.38% |
| Gas Arabian Services Co.(4146.SA) | 13.40 | -2.19% |