Market Movements Now | Aramco (2222) Reaches 52W High; SISCO (2190) Up More Than 6% after Returns to Annual Profit; Umm Al Qura (4325) Extends Masar Land Agreements
CHEMANOL 2001.SA | 8.29 | -1.07% |
PETRO RABIGH 2380.SA | 10.80 | +4.35% |
ALRAJHI 1120.SA | 106.40 | -0.09% |
MAADEN 1211.SA | 65.40 | 0.00% |
FLYNAS 4264.SA | 49.46 | -1.08% |
TASI Mid-Market Update — March 9, 2026
Saudi Arabia's Tadawul All Share Index Tadawul All Shares Index(TASI.SA) decreased by 1% in early trading on Monday, reflecting broader regional market trends amidst ongoing geopolitical developments and a significant surge in global energy markets. Brent crude prices increased by more than 15%, reaching $107.39 per barrel, driven by supply concerns and anticipated shipping disruptions in the Strait of Hormuz.
Performance across key Saudi equities was mixed during the session. The financial and materials sectors experienced downward pressure, with Al Rajhi Bank(1120.SA) shedding 2% and Saudi Arabian Mining Co.(1211.SA) declining by 3.2%. In the aviation sector, budget carrier Flynas Co.(4264.SA) registered a 3.6% decrease. Conversely, the energy sector recorded gains, led by Saudi Arabian Oil Co.(2222.SA), which advanced 0.3% in alignment with the sharp rise in crude oil prices.
Broader market fundamentals are currently balancing the potential revenue benefits of elevated oil prices for Gulf Cooperation Council (GCC) producers against the logistical risks of supply chain disruptions. Saudi Arabia's established pipeline infrastructure provides a strategic mechanism to partially mitigate localized shipping constraints in the region.
Notable News
Umm Al Qura Extends Masar Land Reservation Agreements
Umm Al Qura for Development and Construction Co.(4325.SA) extended two reservation agreements with Mousa Abdulaziz Al Mousa & Sons for two land plots in the Masar Destination. The extension, lasting until 04/09/2026, was necessitated by procedural issues. The transaction aims to develop hospitality units, with final sale execution now scheduled within this new validity period.
SISCO Returns to Annual Profit
Sustained Infrastructure Holding Co.(2190.SA) reported a net profit of SAR 96.4 million for 2025, rebounding from a SAR 0.7 million loss in 2024. Total revenue climbed 21.55% to SAR 1.6 billion, primarily driven by a 13.9% increase in core segments following the commencement of Multi-Purpose Terminal operations. This recovery reflects stronger associate income and the absence of prior-year one-off provisions. The stock up by more than 6% today.
| Element List | Current Year | Previous Year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,605.5 | 1,320.9 | 21.55 |
| Gross Profit (Loss) | 714.8 | 641.3 | 11.46 |
| Operational Profit (Loss) | 426.8 | 377.9 | 12.94 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 96.4 | -0.74 | - |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 80.1 | 1.5 | 5,240 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,494 | 1,478 | 1.08 |
| Profit (Loss) per Share | 1.19 | -0.01 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
SADAFCO Board Proposes 2.7 Million Shares Buyback
Saudia Dairy and Foodstuff Co.(2270.SA) announced a board recommendation to repurchase up to 2,709,627 ordinary shares to be held as treasury shares. The company, which currently holds 1.663% of its shares, intends to use internal resources for the purchase because the current market price sits below fair value. Implementation remains subject to Extraordinary General Assembly approval and solvency requirements.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| Etihad Etisalat Co.(7020.SA) | 2026-02-16 | 2026-02-24 | 2026-03-09 | SAR 1.60 |
| Tamkeen Human Resource Co.(1835.SA) | 2026-02-15 | 2026-02-19 | 2026-03-09 | SAR 1.15 |
Related reads: When will users receive dividends?
New 52-Week High before 1:10 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Arabian Oil Co.(2222.SA) | 27.40 |
Significant Volume Surge before 1:10 pm
Top Gainers before 1:10 pm
| Company | Price | Change % |
|---|---|---|
| Methanol Chemicals Co.(2001.SA) | 7.98 | 9.92% |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 9.18 | 7.24% |
| Sustained Infrastructure Holding Co.(2190.SA) | 31.50 | 7.07% |
| Yanbu National Petrochemical Co.(2290.SA) | 32.96 | 5.64% |
| Al-Rajhi Company for Cooperative Insurance(8230.SA) | 95.00 | 5.56% |
Top Losers before 1:10 pm
| Company | Price | Change % |
|---|---|---|
| Nayifat Finance Co.(4081.SA) | 10.61 | -6.68% |
| MBC Group Co.(4072.SA) | 27.28 | -6.58% |
| Saudi Fisheries Co.(6050.SA) | 44.00 | -5.74% |
| Saudi Research and Media Group(4210.SA) | 85.00 | -5.35% |
| Nofoth Food Products Co.(2288.SA) | 8.57 | -4.78% |