Market Movements Now | Cenomi Retail (4240) Surges Over 6% after Secures SAR 2.95B Financing; Al Majdiah (4326) Inks SAR 453.6M Deals; Al Rajhi Bank(1120) Slipped 2% on Dividend News

CENOMI RETAIL -1.82%
TASHEEL -1.44%
ALRAJHI -2.05%
ALMAJDIAH -1.14%
ZAIN KSA -0.57%

CENOMI RETAIL

4240.SA

19.46

-1.82%

TASHEEL

4083.SA

157.70

-1.44%

ALRAJHI

1120.SA

95.60

-2.05%

ALMAJDIAH

4326.SA

10.43

-1.14%

ZAIN KSA

7030.SA

10.48

-0.57%

TASI Midday Market Update – September 15, 2025

Saudi Arabia's benchmark Tadawul All Shares Index(TASI.SA) declined by 0.2% in mid-session trade. The market saw pressure primarily from the finance and healthcare sectors, with noticeable movements among key individual stocks. Investors are closely watching the upcoming U.S. Federal Reserve policy decision, which is anticipated to result in a 25 basis point rate cut, reflecting the impact of global monetary policy shifts on the region.

Al Rajhi Bank(1120.SA) slipped 2% following its announcement of an interim cash dividend of SAR 0.75 per share, a reduction from SAR 1.25 per share a year earlier. Fawaz Abdulaziz Alhokair Co.(4240.SA) rose 6% after signing a SAR 1.60 billion banking facility agreement for debt prepayment.


Notable News

Cenomi Retail Secures SAR 2.95B Financing, Stock Surges

Fawaz Abdulaziz Alhokair Co.(4240.SA) signed two financing agreements on September 14: a SAR 1.35 billion shareholder loan with Al Futtaim Private Company and a SAR 1.6 billion credit facility with Emirates NBD. Both deals aim to settle debts and stabilize the retailer’s balance sheet, conditional on completing Al Futtaim’s stake purchase.

Al Majdiah Inks SAR 453.6M Deals

Dar Al Majed Real Estate Co.(4326.SA) awarded Tatweej Contracting two contracts worth SAR 453.6 million to execute residential projects in Jeddah and Riyadh under the National Housing Company. The 528-unit Khayala 1 and 540-unit Adeem Al-Fursan projects will run 36 months, with financial impact from Q3 2025.

Zain KSA Secures SAR 5.5B Facility

Mobile Telecommunication Company Saudi Arabia(7030.SA) inked a SAR 5.5 billion Murabaha facility with five banks on September 14, featuring a five-year tenor and flexible terms. Proceeds will fully repay maturing SAR 4.7 billion facilities, settle SAR 500 million receivables discounting, and provide SAR 300 million for operational needs, supporting liquidity and signaling institutional confidence in Zain KSA’s financial strength.

Today's Dividend Distribution

SymbolAnnouncement DateEligibility DateDistribution DateDividend Amount
Middle East Pharmaceutical Industries Co.(4016.SA) 2025-08-132025-09-012025-09-15SAR 1.10
Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) 2025-07-232025-09-012025-09-15SAR 0.50

New 52-Week High as of 12:00 pm

CompanyPrice (SAR)
--

Significant Volume Surge before 12:00 pm

SymbolVolume Change%3M Average VolumeToday's Volume So Far
Al Majed Oud Co.(4165.SA) 96.68%88,028173,134
Ataa Educational Co.(4292.SA) 91.94%35,50568,148
National Shipping Company of Saudi Arabia(4030.SA) 86.92%712,6221,332,009
Thimar Development Holding Co.(4160.SA) 53.95%483,814744,831
Al Rajhi Bank(1120.SA) 40.58%2,423,0263,406,370
ARTEX Industrial Investment Co.(2340.SA) 38.28%71,92099,454
Jamjoom Pharmaceuticals Factory Co.(4015.SA) 24.18%53,46466,391
Al Mawarid Manpower Co.(1833.SA) 22.59%32,72440,115

Sector Performance as of 12:09 pm

Today's top-performing sectors are as follows:

Top Gainers as of 12:09 pm

Today's top-performing stocks are as follows:

StockPrice% Change
Fawaz Abdulaziz Alhokair Co.(4240.SA) 25.30+6.66%
United International Holding Co.(4083.SA) 154.50+4.25%
Gulf General Cooperative Insurance Co.(8260.SA) 4.62+3.36%
Allied Cooperative Insurance Group(8150.SA) 9.80+3.16%
Alkhorayef Water and Power Technologies Co(2081.SA) 128.50+3.13%

Top Losers as of 12:09 pm

StockPrice% Change
Al Moammar Information Systems Co.(7200.SA) 130.70-2.83%
Al Rajhi Bank(1120.SA) 90.90-2.21%
Saudi Real Estate Co.(4020.SA) 15.86-2.10%
Jamjoom Pharmaceuticals Factory Co.(4015.SA) 142.10-2.07%
Etihad Etisalat Co.(7020.SA) 60.80-2.01%
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