Market Movements Now | Aramco (2222) Weighs Global Storage Expansion; stc (7010) Extends HUMAIN AI MoU; SMC (4019) Up 5% after Wins SAR 3.8B Contract
TADCO 6040.SA | 0.00 | |
BINDAWOOD 4161.SA | 0.00 | |
SMC HEALTHCARE 4019.SA | 0.00 | |
SAUDI ENERGY 5110.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 |
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TASI Mid-Market Update — June 18, 2026
The Saudi benchmark index (TASI) edged up 0.1 percent in early trading on Thursday, supported by positive performance in the materials, real estate, and financial sectors. Investor sentiment across Gulf equity markets was lifted by news of a temporary ceasefire agreement signed between the United States and Iran, aimed at ending regional conflict.
Within corporate equities, shares of Specialized Medical Co.(4019.SA) (SMC Healthcare) surged 4.6 percent following the announcement that its subsidiary was awarded a Ministry of Health public-private partnership project valued at approximately SAR 3.8 billion ($1.01 billion) to manage and operate the SABIC Behavioral Care Specialist Hospital. In tandem, Saudi Energy Co.(5110.SA) shares rose 1.7 percent. Conversely, Saudi Arabian Oil Co.(2222.SA) recorded a 0.6 percent decline following reports that the state oil corporation is exploring the potential sale of a stake in its sulfur-related business, a transaction estimated to be worth up to $7 billion.
In the large-cap sector, Al Rajhi Bank(1120.SA) is down by 0.2%. The Saudi National Bank(1180.SA) is posting a gain of 0.63%. Saudi Arabian Mining Co.(1211.SA) is surging by 2.5%. ACWA POWER Co.(2082.SA) and Saudi Basic Industries Corp.(2010.SA) are both seeing declines, moving 0.44% and 0.55% respectively.
Notable News
Saudi Aramco Weighs Global Storage Expansion
Saudi Arabian oil giant Saudi Arabian Oil Co.(2222.SA) is considering expanding its global storage capacity after the Iran war disrupted energy supplies through the Strait of Hormuz. Chairman Yasir Al-Rumayyan stated that regulatory challenges hinder further European investments, noting that PIF and Aramco invested €98 billion and €80 billion respectively in Europe between 2017 and 2025.
stc Extends HUMAIN AI MoU
Saudi Telecom Co.(7010.SA) (stc) agreed to extend its memorandum of understanding with Future Artificial Intelligence Company (HUMAIN) for an additional six months starting June 18, 2026. The extension allows its subsidiary, Center3, more time to finalize regulatory and operational requirements for a planned data center joint venture. The company reports no current material financial impact.
SMC Healthcare Up 5% after Wins SAR 3.8B Contract
Specialized Medical Co.(4019.SA) announced that its subsidiary, Al-Mukhtas Al-Sehhi Medical, received a project award letter from the Ministry of Health on June 17, 2026. The SAR 3.8 billion project requires the subsidiary to manage and operate the 150-bed SABIC Behavioral Care Specialist Hospital under a public-private partnership model for a term of 15 years. The stock once surges 5% today before retreating to SAR 17.45.
Tabuk Agricultural Capital Drops to 76.5M
Tabuk Agricultural Development Co.(6040.SA) submitted its application file to the Capital Market Authority on June 17, 2026, to reduce its capital from SAR 391.8 million to SAR 76.5 million. The reduction will cancel 31.5 million shares to offset accumulated losses. The transaction is subject to regulatory and extraordinary general assembly approvals.
Tadawul Halts Alkhabeer Growth Fund Trading
The Saudi Exchange (Tadawul) suspended trading in units of the Alkhabeer Growth and Income Traded Fund(4701.SA) effective June 18, 2026. This action initiates the fund's delisting process following unitholder approval to convert the vehicle from a closed-ended listed investment fund into an open-ended public investment fund. Official delisting remains scheduled for June 25, 2026.
New 52-Week High before 12:20 pm
| Symbol | 52W High Price |
|---|---|
| Al Moammar Information Systems Co.(7200.SA) | 212.00 |
| East Pipes Integrated Company for Industry(1321.SA) | 225.00 |
| Taleem REIT Fund(4333.SA) | 10.87 |
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Significant Volume Surge before 12:20 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Tabuk Agricultural Development Co.(6040.SA) | +288.59% | 268,509 | 1,043,394 |
| Specialized Medical Co.(4019.SA) | +234.74% | 545,802 | 1,826,992 |
| BinDawood Holding Co.(4161.SA) | +138.39% | 1,138,310 | 2,713,588 |
| Derayah REIT Fund(4339.SA) | +94.03% | 144,950 | 281,249 |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | +70.92% | 351,927 | 601,528 |
| Mutakamela Insurance Co.(8040.SA) | +62.02% | 89,902 | 145,660 |
| Almoosa Health Co.(4018.SA) | +45.56% | 44,789 | 65,197 |
| Dallah Healthcare Co.(4004.SA) | +24.34% | 127,066 | 157,996 |
| Alkhabeer REIT Fund(4348.SA) | +22.81% | 121,381 | 149,062 |
| Tamkeen Human Resource Co.(1835.SA) | +19.94% | 89,538 | 107,391 |
| Nama Chemicals Co.(2210.SA) | +19.15% | 97,466 | 116,132 |
| Filing and Packing Materials Manufacturing Co.(2180.SA) | +17.15% | 67,339 | 78,887 |
| Raydan Food Co.(6012.SA) | +14.08% | 65,419 | 74,631 |
| Al Hassan Ghazi Ibrahim Shaker Co.(1214.SA) | +12.47% | 384,399 | 432,346 |
Top Gainers before 12:20 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Tabuk Agricultural Development Co.(6040.SA) | 6.86 | +4.73% |
| BinDawood Holding Co.(4161.SA) | 5.14 | +3.42% |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | 47.00 | +3.3% |
| Al Moammar Information Systems Co.(7200.SA) | 211.30 | +2.77% |
| National Medical Care Co.(4005.SA) | 109.40 | +2.53% |
Top Losers before 12:20 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Mutakamela Insurance Co.(8040.SA) | 8.90 | -2.52% |
| Saudi Industrial Development Co.(2130.SA) | 16.49 | -2.43% |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 12.43 | -2.13% |
| Saudi Fisheries Co.(6050.SA) | 40.96 | -2.01% |
| Al-Etihad Cooperative Insurance Co.(8170.SA) | 6.40 | -1.99% |