Market Movements Now | Aramco (2222) Secures AAA Credit Rating; Al Rajhi (1120) Issues 1:2 Bonus Shares; Jarir (4190) to 52W High
SHL 1183.SA | 0.00 | |
TECO 4170.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
MAADEN 1211.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 |
TASI Mid-Market Update — April 21, 2026
The Saudi Arabian benchmark index Tadawul All Shares Index(TASI.SA) registered an early rebound during Tuesday's session, currently advancing by 0.1%. Market activity was largely influenced by reports suggesting potential diplomatic progress between Iran and the United States, mediated by Pakistan, which has introduced a degree of cautious optimism regarding regional stability as a current two-week ceasefire nears its conclusion.
Performance among heavyweights was mixed but generally positive:
- Al Rajhi Bank(1120.SA): The banking major saw an increase of 0.9%.
- Saudi Arabian Mining Co.(1211.SA): Shares in the mining entity rose by 0.4%.
- Saudi Arabian Oil Co.(2222.SA): The state oil giant eased slightly, declining 0.05%.
The uptick in the equity market occurred despite a softening in global energy prices. Brent crude futures declined by 0.4%, to reach $95. While geopolitical developments remain a primary driver of sentiment, ongoing limitations on shipping through the Strait of Hormuz continue to be monitored as a factor impacting global supply dynamics.
In the large-cap sector, The Saudi National Bank(1180.SA) is seeing a slight dip of 0.53%. ACWA POWER Co.(2082.SA) and Saudi Basic Industries Corp.(2010.SA) are both seeing declines, moving 0.8% and 0.4% respectively.
Notable News
Al Rajhi Bank Issues 1:2 Bonus Shares
Al Rajhi Bank(1120.SA) approved a SAR 20 billion capital increase to SAR 60 billion through a 50% bonus share issue while finalizing a SAR 7 billion H2 2025 dividend (SAR 1.75/share). The expansion, funded via retained earnings, aims to bolster the bank's strategic objectives. Shareholders will receive one bonus share for every two held, with cash payments scheduled for April 30.
Al Rajhi Strategy Soars Operating Income
Al Rajhi Bank(1120.SA) Chairman Abdullah Al Rajhi attributed the SAR 6,752 million net profit to the "Harmonize the Group" strategy and disciplined execution. He highlighted that the SAR 20 billion capital increase and USD 1 billion Social Sukuk issuance reinforce the bank's position. Management aims to leverage digital innovation to support strategic growth and Saudi Vision 2030 objectives.
Riyad Bank Q1 Profit Surges 5%
Riyad Bank(1010.SA) reported a Q1 2026 net profit of SAR 2.61 billion, surging 5.1% year-on-year. This bottom-line growth was primarily driven by higher total operating income and a 23.9% drop in expected credit loss provisions. Consequently, the lender's total assets expanded to SAR 537 billion, bringing basic earnings to SAR 0.83 per share.
Aramco Secures AAA Credit Rating
Financial Analytics Co. assigned Saudi Arabian Oil Co.(2222.SA) a “AAA” credit rating with a stable outlook, citing its conservative 3.8% debt ratio and SAR 257 billion cash position. The rating stems from the Saudi government’s 81.48% stake and industry-low production costs of $2–3 per barrel. Aramco’s $50.8 billion capital program and AI initiatives will now bolster long-term earnings.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Saudi Awwal Bank(1060.SA) | 2026-02-23 | 2026-04-21 | 2026-05-11 | 1.00 |
Related reads: When will users receive dividends?
New 52-Week High before 12:24 pm
| Symbol | 52W High Price |
|---|---|
| Jarir Marketing Co.(4190.SA) | 15.36 |
Significant Volume Surge before 12:24 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Amlak International Finance Co.(1182.SA) | +557.17% | 212,764 | 1,398,218 |
| Morabaha Marina Financing Co.(4082.SA) | +409.28% | 47,928 | 244,088 |
| Sadr Logistics Co.(1832.SA) | +382.14% | 1,536,868 | 7,409,853 |
| SHL Finance Co.(1183.SA) | +379.77% | 113,038 | 542,322 |
| Nayifat Finance Co.(4081.SA) | +208.15% | 197,115 | 607,419 |
| Jahez International Company for Information System Technology(6017.SA) | +174.17% | 2,236,903 | 6,132,823 |
| Saudi Printing and Packaging Co.(4270.SA) | +154.98% | 314,031 | 800,728 |
| Alwasail Industrial Co.(4148.SA) | +137.41% | 1,086,056 | 2,578,381 |
| Anaam International Holding Group(4061.SA) | +134.03% | 350,844 | 821,075 |
| Al Hassan Ghazi Ibrahim Shaker Co.(1214.SA) | +114.93% | 267,132 | 574,149 |
| Nice One Beauty Digital Marketing Co.(4193.SA) | +100.51% | 1,106,542 | 2,218,712 |
| Cherry Trading Co.(4265.SA) | +83.84% | 516,501 | 949,518 |
| Al Rajhi Bank(1120.SA) | +83.02% | 3,829,240 | 7,008,296 |
Top Gainers before 12:24 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| SHL Finance Co.(1183.SA) | 16.51 | +9.99% |
| Tourism Enterprise Co.(4170.SA) | 16.11 | +3.53% |
| Saleh Abdulaziz Al Rashed and Sons Co.(1324.SA) | 58.45 | +3.36% |
| Alwasail Industrial Co.(4148.SA) | 3.05 | +2.69% |
| Sadr Logistics Co.(1832.SA) | 2.83 | +2.54% |
Top Losers before 12:24 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Methanol Chemicals Co.(2001.SA) | 8.45 | -2.87% |
| Al-Babtain Power and Telecommunication Co.(2320.SA) | 66.15 | -2.43% |
| SABIC Agri-Nutrients Co.(2020.SA) | 152.40 | -2.31% |
| Specialized Medical Co.(4019.SA) | 18.66 | -2.25% |
| Nice One Beauty Digital Marketing Co.(4193.SA) | 15.01 | -2.02% |