Market Movements Now | Alramz Sets IPO Price at SAR 67-70 on TASI; MIS Secures Two Contracts Worth SAR 182M With SDAIA, Shares -1%; Three Stocks Distributing Dividends Today
Tadawul All Shares Index TASI.SA | 11275.90 | +0.23% |
Parallel Market Capped Index (NomuC) NOMUC.SA | 22548.18 | -0.69% |
OASIS 3007.SA | 2.38 | +0.85% |
MIS 7200.SA | 158.20 | -2.16% |
MEDGULF 8030.SA | 14.22 | +2.60% |
TASI Mid-Market Update — November 23, 2025
The Saudi stock market showed little change on Sunday. By the time of reporting, the Tadawul All Shares Index(TASI.SA) edged up 0.04%, while the Parallel Market Capped Index (NomuC)(NOMUC.SA) rose slightly by 0.14%.
Notable News
Alramz Sets IPO Price Range at SAR 67-70 on TASI
Alramz has announced an IPO price range of SAR 67-70 per share for its TASI debut, according to SNB Capital. The book-building period for institutional investors runs from Nov. 23-27. Alramz plans to offer 30% of its shares, issuing 12.86 million new shares, raising its capital from SAR 300M to SAR 428.57M. Retail subscription is set for Dec. 7-9, with 20% allocated to retail investors.
Edaa Executes Stock Split for Zahrat Al Waha
The Securities Depository Center Company (Edaa) implemented a stock split for Zahrat Al Waha for Trading Co.(3007.SA), reducing the par value from SAR 10 to SAR 1 per share following shareholder approval on Nov. 18. The change took effect on Nov. 23. As of 12:51 pm, the stock price had fallen over 3%.
MIS Secures Two Contracts Worth SAR 182M with SDAIA
Al Moammar Information Systems Co.(7200.SA) (MIS) signed two contracts totaling SAR 182 million, including VAT, with SDAIA. The deals, finalized on Nov. 19 and 20, cover IT products and services aligned with the National Information Center’s infrastructure, with a 36-month term. MIS has secured SAR 973.5 million in contracts with SDAIA since early 2025. As of 12:57 pm, MIS shares fell over 1%.
MEDGULF Appoints New Chairman and Vice Chairman
The Mediterranean and Gulf Insurance and Reinsurance Co.(8030.SA) announced the appointment of Yaser Yousef Naghi as Chairman and Rakan Abdullah Abunayyan as Vice Chairman, following approval from the Insurance Authority on November 20, 2025. Both are non-executive members, with Naghi bringing over 35 years of experience in diverse industries and Abunayyan offering 20 years in financial services and investment. The appointments were approved by the Extraordinary General Assembly. As of 12:59 pm, shares rose over 1%.
Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| Aldawaa Medical Services Co.(4163.SA) | 2025-11-04 | 2025-11-09 | 2025-11-23 | SAR 0.63 |
| Mulkia Gulf Real Estate REIT(4336.SA) | 2025-10-16 | 2025-10-28 | 2025-11-23 | SAR 0.08 |
| SEDCO Capital Multi Asset Traded Fund(4703.SA) | 2025-10-19 | 2025-10-23 | 2025-11-23 | SAR 0.26 |
Related reads: When will users receive dividends?
New 52-Week High before 1:01 pm
| Company | Price (SAR) |
|---|---|
| - | - |
New 52-Week Low before 1:01 pm
| Company | Price (SAR) |
|---|---|
| Tabuk Cement Co.(3090.SA) | 9.63 |
| AlSaif Stores for Development and Investment Co.(4192.SA) | 6.56 |
Stocks at Their All-Time Lows before 1:04 pm
| Company | Price (SAR) |
|---|---|
| AlSaif Stores for Development and Investment Co.(4192.SA) | 6.56 |
| Flynas Co.(4264.SA) | 68.35 |
Significant Volume Surge before 1:10 pm
| Symbol | Volume Change% | 3M Average Volume | Today's Volume So Far |
| Zahrat Al Waha for Trading Co.(3007.SA) | 104.97 | 612,369.00 | 1,255,195 |
| Middle East Specialized Cables Co.(2370.SA) | 203.29 | 454,189.00 | 1,377,524 |
| Naseej International Trading Co.(1213.SA) | 83.87 | 383,007.00 | 704,253 |
| Lazurde Company for Jewelry(4011.SA) | 32.44 | 204,092.00 | 270,294 |
| Scientific and Medical Equipment House Co.(4014.SA) | 19.84 | 56,608.00 | 67,839 |
| Saudi Enaya Cooperative Insurance Co.(8311.SA) | 32.27 | 161,238.00 | 213,272 |
| Musharaka REIT Fund(4335.SA) | 153.39 | 64,181.00 | 162,630 |
| Mulkia Gulf Real Estate REIT(4336.SA) | 91.95 | 73,367.00 | 140,825 |
Top Gainers as of 1:10 pm
| Company | Price | Change |
|---|---|---|
| Naseej International Trading Co.(1213.SA) | 52.20 | 5.75 % |
| Scientific and Medical Equipment House Co.(4014.SA) | 35.96 | 4.90 % |
| Saudi Cable Co.(2110.SA) | 137.90 | 4.08 % |
| Middle East Specialized Cables Co.(2370.SA) | 25.54 | 3.65 % |
| Saudi Arabian Mining Co.(1211.SA) | 63.50 | 3.59 % |
Top Losers as of 1:10 pm
| Company | Price | Change |
|---|---|---|
| Zahrat Al Waha for Trading Co.(3007.SA) | 2.44 | -3.56 % |
| Allied Cooperative Insurance Group(8150.SA) | 10.02 | -3.09 % |
| Dallah Healthcare Co.(4004.SA) | 137.70 | -2.75 % |
| Raydan Food Co.(6012.SA) | 28.36 | -2.41 % |
| United Cooperative Assurance Co.(8190.SA) | 4.14 | -2.13 % |