Market Movements Now | Aramco (2222) Reaches New 52W High; Senaat (2240) PIF Project Improves Future Outlook; Tadawul Suspends Aldawaa (4163) and Morabaha (4082) Trading
ALSAGR INSURANCE 8180.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
SNB 1180.SA | 0.00 | |
MAADEN 1211.SA | 0.00 |
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TASI Mid-Market Update — May 13, 2026
The Saudi Arabian benchmark index (Tadawul All Shares Index(TASI.SA)) edged higher during Wednesday’s early trading session, advancing 0.2%.
The index's upward movement was primarily supported by gains in the banking sector. Al Rajhi Bank(1120.SA) and The Saudi National Bank(1180.SA) both saw their shares rise by 0.5%.
Broader market sentiment in the Gulf remains influenced by regional geopolitical developments, including the status of the Middle East ceasefire and ongoing concerns regarding international shipping in the Strait of Hormuz. Additionally, investors are monitoring high-level diplomatic discussions between the U.S. and China for potential impacts on global trade and regional stability.
In the large-cap sector, Saudi Arabian Mining Co.(1211.SA) is retreating by 1%. ACWA POWER Co.(2082.SA) also down 0.7%. Saudi Basic Industries Corp.(2010.SA) is posting a gain of 0.49%. Saudi Arabian Oil Co.(2222.SA) is edging higher by 0.22%, reaches a new 52-week high intraday.
Notable News
Tadawul Suspends Aldawaa and Morabaha Trading
The Saudi Exchange suspended trading for Aldawaa Medical Services Co.(4163.SA) and Morabaha Marina Financing Co.(4082.SA) on May 13, 2026. The entities failed to disclose financial statements for the period ending March 31, 2026. While trading resumes May 14 for 20 sessions, both firms must submit reports by June 17, 2026, to avoid a second, indefinite suspension starting June 18.
Senaat PIF Project Improves Future Outlook
Advanced Building Industries Co.(2240.SA) subsidiary ZODCON signed a SAR 252 million contract with TKE ALAT Manufacturing to build an innovation hub in Dammam. The 20-month design-and-build project supports a €160 million PIF-backed joint venture targeting regional vertical mobility. Management anticipates the financial benefits will manifest in the company's Q4 2026 statements.
AMAK Ends 16-Week Base Metal Shutdown
Almasane Alkobra Mining Co(1322.SA) resumed operations at its Al Masane base metals plant on May 13, 2026, following a scheduled 16-week shutdown. The measure aligns with a 2026 business plan to optimize ore utilization from the Saadah, Al Houra, and Moyeath orebodies. Management expects improved efficiency, with final financial impacts appearing in Q2 2026 results.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Saudi Chemical Co.(2230.SA) | 2026-03-15 | 2026-05-13 | 2026-06-03 | 0.10 |
| Amlak International Finance Co.(1182.SA) | 2026-03-08 | 2026-05-13 | 2026-06-01 | 0.50 |
| Arriyadh Development Co.(4150.SA) | 2026-03-03 | 2026-05-13 | - | 0.25 |
Related reads: When will users receive dividends?
New 52-Week High before 12:16 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Arabian Oil Co.(2222.SA) | 27.96 |
| Saudi Aramco Base Oil Co.(2223.SA) | 129.90 |
| Bonyan REIT Fund(4347.SA) | 9.90 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 16.12 |
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Significant Volume Surge before 12:16 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Al Sagr Cooperative Insurance Co.(8180.SA) | +178.02% | 259,745 | 722,146 |
| Makkah Construction and Development Co.(4100.SA) | +148.63% | 106,386 | 264,507 |
| Amlak International Finance Co.(1182.SA) | +133.16% | 310,993 | 725,097 |
| United International Holding Co.(4083.SA) | +92.88% | 375,514 | 724,289 |
| Tabuk Agricultural Development Co.(6040.SA) | +91.47% | 137,046 | 262,398 |
| Wafrah for Industry and Development Co.(2100.SA) | +80.26% | 146,451 | 263,991 |
| Emaar The Economic City(4220.SA) | +79.09% | 839,711 | 1,503,860 |
| Alramz Real Estate Co.(4327.SA) | +73.76% | 68,244 | 118,578 |
| Saudi Real Estate Co.(4020.SA) | +56.42% | 1,021,709 | 1,598,127 |
| Alinma Retail REIT Fund(4345.SA) | +55.46% | 386,232 | 600,434 |
| Raydan Food Co.(6012.SA) | +52.76% | 57,803 | 88,299 |
| BAAN Holding Group Co.(1820.SA) | +51.39% | 5,651,945 | 8,556,748 |
| Saudi Aramco Base Oil Co.(2223.SA) | +47.06% | 407,429 | 599,146 |
| Baazeem Trading Co.(4051.SA) | +38.85% | 511,964 | 710,850 |
| Nama Chemicals Co.(2210.SA) | +31.93% | 88,027 | 116,132 |
| Morabaha Marina Financing Co.(4082.SA) | +30.72% | 75,057 | 98,111 |
Top Gainers before 12:16 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Al Sagr Cooperative Insurance Co.(8180.SA) | 11.26 | +6.73% |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 16.09 | +5.16% |
| Saudi Aramco Base Oil Co.(2223.SA) | 128.20 | +4.23% |
| CHUBB Arabia Cooperative Insurance Co.(8240.SA) | 18.92 | +3.96% |
| Alinma Retail REIT Fund(4345.SA) | 4.66 | +3.33% |
Top Losers before 12:16 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Wafrah for Industry and Development Co.(2100.SA) | 20.11 | -6.47% |
| Emaar The Economic City(4220.SA) | 10.90 | -4.8% |
| Tabuk Agricultural Development Co.(6040.SA) | 6.00 | -4.0% |
| Saleh Abdulaziz Al Rashed and Sons Co.(1324.SA) | 51.65 | -3.55% |
| Retal Urban Development Co.(4322.SA) | 13.03 | -3.48% |