Market Movements Now | Amana Insurance (8310) Up 9%+ Amid 462.4% Volume Surge; Enaya (8311), Rasan (8313) Hit 52-Week Highs; Alsagr Insurance (8180) Jumps 7%+ After Return to Profit
ALSAGR INSURANCE 8180.SA | 0.00 | |
ALETIHAD 8170.SA | 0.00 | |
ALUJAIN 2170.SA | 0.00 | |
SAUDI GERMAN HEALTH 4009.SA | 0.00 | |
MAADEN 1211.SA | 0.00 |
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TASI Mid-Market Update — May 04, 2026
On Monday, the Saudi stock market declined. As of the time of reporting, the Tadawul All Shares Index(TASI.SA) was down 0.63%, and the Parallel Market Capped Index (NomuC)(NOMUC.SA) fell 0.39%.
Notable News
Al Sagr Posts Profits of SAR 1M in Q1 2026
Al Sagr Cooperative Insurance Co.(8180.SA) reported a Q1 net profit of SAR 1.006 million, reversing a loss of SAR 17.923 million from the previous year. The improvement was driven by reduced insurance service expenses and increased investment income. Insurance revenues fell 3.04% to SAR 146.131 million. Total comprehensive income rose to SAR 1.065 million. Shareholders' equity decreased by 11% to SAR 343.209 million. Earnings per share improved to SAR 0.03.
Al-Etihad Insurance Gains Approval to Use Reserves
Al-Etihad Cooperative Insurance Co.(8170.SA) received preliminary approval from the Insurance Authority to use its statutory reserve of SAR 41.36 million to offset accumulated losses. The decision awaits ratification by the general assembly. The insurer's losses totaled SAR 162.07 million, or 32.4% of its capital, as per the 2025 financial statements. The board had recommended this reserve utilization last month.
Alujain Turns to SAR 12.2M Profit in Q1 2026
Alujain Corp.(2170.SA) reported a Q1 2026 net profit of SAR12.17 million, reversing a loss from last year. Revenue rose 37% to SAR365.49 million due to higher polypropylene sales. Improved product prices in March also boosted results. Equity fell 29% YoY due to a previous impairment loss. The company invested over SAR1.1 billion in new projects, with continued price improvements expected in the short term.
Saudi German Health Q1 2026 Profit Down 84% to SAR 25.7M
Middle East Healthcare Co.(4009.SA) announced an 84% YoY decline in Q1 2026 net profit to SAR 25.7 million, impacted by the absence of a prior year SAR 114 million land sale gain and increased NPHIES fees. Revenue rose 4% YoY to SAR 765.23 million, driven by higher patient visits. However, seasonal factors like Ramadan and Eid led to a 5% QoQ revenue drop and increased operating costs from new subspecialty services.
Maaden Shareholders Approve SAR 8.8B Agreements
Saudi Arabian Mining Co.(1211.SA) shareholders approved SAR 8.8 billion in 2025 transactions with Saudi Basic Industries Corp.(2010.SA), Saudi Arabian Oil Co.(2222.SA), the Public Investment Fund, and Alinma Bank(1150.SA) during a May 3 meeting. Deals included SAR 4.27 billion in phosphate agreements, SAR 4.05 billion in raw materials purchases, SAR 372.31 million in loan-related costs, and SAR 133.50 million in interest income. Shareholders also approved transferring SAR 157.7 million in statutory reserves to retained earnings.
Previously, the company released its latest Q1 results.
ALSAIF GALLERY Posts Profits of 38.33 SAR M in Q1 2026
AlSaif Stores for Development and Investment Co.(4192.SA) announced a significant increase in Q1 revenue and profit. Sales rose by 19.2% year-on-year to SAR 273.19 million, driven by increased demand during Ramadan, effective promotions, and a 46.4% growth in e-commerce. Net profit attributable to shareholders increased by 9% to SAR 38.33 million. Compared to the previous quarter, sales surged by 45.1%, and net profit grew by 352%, supported by improved profit margins and reduced costs. Shareholders' equity increased by 12.73% to SAR 534.77 million. The company plans to open a new branch in Riyadh and announced a 6% cash dividend.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Jadwa REIT Saudi Fund(4342.SA) | 2026-04-28 | 2026-05-04 | Within 20 days from the record date | 0.20 |
| Miral Dental Clinics Co.(9604.SA) | 2026-04-26 | 2026-05-04 | 2026-05-14 | 3.00 |
| National Medical Care Co.(4005.SA) | 2026-02-18 | 2026-05-04 | 2026-05-17 | 3.00 |
| Mouwasat Medical Services Co.(4002.SA) | 2026-03-01 | 2026-05-04 | -- | 1.125 |
| Saudi Tadawul Group Holding Co.(1111.SA) | 2026-03-02 | 2026-04-22 | 2026-05-04 | 2.30 |
Related reads: When will users receive dividends?
New 52-Week High before 12:13 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Enaya Cooperative Insurance Co.(8311.SA) | 11.39 |
| Rasan Information Technology Co.(8313.SA) | 147.40 |
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Significant Volume Surge before 12:15 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Alinma Saudi Government Sukuk ETF Fund(9404.SA) | 5,655.90 | 43,983 | 2,531,616 |
| AlSaif Stores for Development and Investment Co.(4192.SA) | 1,270.97 | 203,197 | 2,785,768 |
| Aldawaa Medical Services Co.(4163.SA) | 403.89 | 187,576 | 945,182 |
| Amana Cooperative Insurance Co.(8310.SA) | 462.40 | 282,791 | 1,590,423 |
| Al Sagr Cooperative Insurance Co.(8180.SA) | 468.47 | 217,373 | 1,235,692 |
| Al-Etihad Cooperative Insurance Co.(8170.SA) | 367.93 | 173,272 | 810,792 |
| Eastern Province Cement Co.(3080.SA) | 335.15 | 116,185 | 505,580 |
| Nofoth Food Products Co.(2288.SA) | 292.46 | 169,465 | 665,076 |
| Gas Arabian Services Co.(4146.SA) | 284.90 | 277,074 | 1,066,447 |
| Gulf Union Alahlia Cooperative Insurance Co.(8120.SA) | 272.99 | 152,345 | 568,234 |
| Herfy Food Services Co.(6002.SA) | 268.06 | 165,279 | 608,318 |
| Red Sea International Co.(4230.SA) | 204.49 | 571,604 | 1,740,474 |
| Obeikan Glass Co.(4145.SA) | 184.35 | 253,685 | 721,363 |
| The National Company for Glass Industries(2150.SA) | 78.65 | 191,710 | 342,482 |
Top Gainers before 12:31 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Amana Cooperative Insurance Co.(8310.SA) | 6.83 | 9.98% |
| Al Sagr Cooperative Insurance Co.(8180.SA) | 11.30 | 8.65% |
| Gas Arabian Services Co.(4146.SA) | 16.84 | 7.26% |
| Saudi Enaya Cooperative Insurance Co.(8311.SA) | 11.11 | 6.93% |
| Allied Cooperative Insurance Group(8150.SA) | 6.90 | 6.32% |
Top Losers before 12:31 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Alujain Corp.(2170.SA) | 28.88 | -7.62% |
| Middle East Healthcare Co.(4009.SA) | 34.78 | -7.20% |
| Nofoth Food Products Co.(2288.SA) | 8.04 | -6.84% |
| National Medical Care Co.(4005.SA) | 113.00 | -6.07% |
| Saudi Arabian Mining Co.(1211.SA) | 63.70 | -5.28% |