Market Movements Now | Cherry (4265) Debuts Above Offer Price; Maharah (1831) Pushes 41.36% Sale Review; BATIC (4110) Repays SAR 100M Facility
DWF 6013.SA | 90.55 | +1.17% |
BUDGET SAUDI 4260.SA | 41.32 | -0.39% |
ALRAJHI 1120.SA | 106.50 | -0.09% |
SAUDI ARAMCO 2222.SA | 27.56 | +0.58% |
CHERRY 4265.SA | 25.56 | -0.08% |
TASI Mid-Market Update — December 1, 2025
Saudi Arabia’s benchmark Tadawul All Shares Index(TASI.SA) traded lower on Monday, falling 0.7%, pressured by a 1.03% decline in Al Rajhi Bank(1120.SA) and a 1.02% drop in Saudi Arabian Oil Co.(2222.SA).
Major Gulf markets were mixed in early trade as optimism over a potential U.S. Federal Reserve rate cut offset the drag from softer oil prices. Dovish remarks from Federal Reserve officials and weaker-than-expected U.S. economic data strengthened expectations for a December policy easing, with the CME FedWatch Tool now assigning an 87% probability of a cut.
U.S. core PCE data due later this week is expected to offer further signals on the Fed’s policy direction. Shifts in U.S. monetary policy remain influential for Gulf markets, where most currencies are pegged to the dollar.
Oil prices, a key driver for regional sentiment, advanced 2% after OPEC+ members reaffirmed plans to maintain output levels and the Caspian Pipeline Consortium suspended exports following a drone attack. Brent crude rose 1.96% to $63.60 per barrel, though the contract remains on track for its fourth consecutive monthly decline.
The newly IPO stock Cherry Trading Co.(4265.SA) debuts on the Main Market on Dec. 1 under symbol 4265. Shares will trade with ±30% daily and ±10% static limits for the first three sessions, before reverting to a standard ±10% daily limit without static limits. The stock opens higher, and is currently trading at SAR 28.08, slightly higher than the offering price of SAR 28.
Notable News
Maharah Pushes 41.36% Sale Review
Maharah Human Resources Co.(1831.SA) extended its non-binding MoU with Dallah Healthcare to Dec. 21, maintaining terms for studying the potential sale of Growth Avenue’s full 41.36% stake in Care Shield Holding (Kingdom Hospital and Consulting Clinics). No costs were incurred.
BATIC Repays SAR 100M Facility
BATIC Real Estate (subsidiary of Batic Investments and Logistics Co.(4110.SA)) repaid its SAR100 million Sharia-compliant facility with Al Rajhi Bank on Nov. 30 using proceeds from Al-Khozama land sales after completing development. The unit said project sales continue in line with operational and financial targets, supporting its asset-return strategy.
SAL, SILZ Seal Logistics Referral Pact
SAL Saudi Logistics Services Co.(4263.SA) signed a 12-month renewable service marketing agreement with SILZ on Nov. 30, enabling SAL to provide integrated logistics solutions to tenants in the Riyadh Integrated Zone. SILZ will refer tenants in exchange for a revenue-based commission. SAL expects a positive financial impact depending on contract volumes.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| Sahara International Petrochemical Co.(2310.SA) | 2025-11-26 | 2025-12-01 | 2025-12-15 | SAR 0.50 |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | 2025-11-26 | 2025-12-01 | 2025-12-15 | SAR 0.50 |
| SAL Saudi Logistics Services Co.(4263.SA) | 2025-11-04 | 2025-11-16 | 2025-12-01 | SAR 1.70 |
| Fitaihi Holding Group(4180.SA) | 2025-10-28 | 2025-11-11 | 2025-12-01 | SAR 0.025 |
Related reads: When will users receive dividends?
New 52-Week High before 13:20 pm
| Company | Price (SAR) |
|---|---|
| Rasan Information Technology Co.(8313.SA) | 119.70 |
Significant Volume Surge before 13:10 pm
| Symbol | Volume Change% | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| BinDawood Holding Co.(4161.SA) | 106.57% | 829,307 | 1,713,077 |
| Jarir Marketing Co.(4190.SA) | 89.56% | 1,750,106 | 3,317,487 |
| Saudi Tadawul Group Holding Co.(1111.SA) | 82.62% | 131,604 | 240,339 |
| First Milling Co.(2283.SA) | 77.09% | 46,263 | 81,928 |
| Scientific and Medical Equipment House Co.(4014.SA) | 61.1% | 55,712 | 89,751 |
| Alkhaleej Training and Education Co.(4290.SA) | 41.5% | 256,954 | 363,578 |
| Rasan Information Technology Co.(8313.SA) | 12.23% | 482,954 | 542,002 |
| Dallah Healthcare Co.(4004.SA) | 7.78% | 68,302 | 73,614 |
| Saudi Industrial Development Co.(2130.SA) | 6.93% | 332,951 | 356,020 |
| Saudi Azm for Communication and Information Technology Co.(7211.SA) | 6.35% | 191,670 | 203,836 |
Top Gainers before 13:20 pm
| Company | Price | Change |
|---|---|---|
| Alistithmar AREIC Diversified REIT Fund(4350.SA) | 7.50 | 6.38% |
| Development Works Food Co.(6013.SA) | 117.60 | 2.89% |
| United International Transportation Co.(4260.SA) | 65.75 | 2.26% |
| Aldrees Petroleum and Transport Services Co.(4200.SA) | 129.80 | 1.88% |
| Al Jouf Cement Co.(3091.SA) | 6.70 | 1.82% |
Top Losers before 13:20 pm
| Company | Price | Change |
|---|---|---|
| ALJAZIRA REIT(4331.SA) | 12.19 | -4.77% |
| United Carton Industries Co.(1323.SA) | 26.88 | -4.48% |
| Saudi Industrial Development Co.(2130.SA) | 13.78 | -4.44% |
| Ash-Sharqiyah Development Co.(6060.SA) | 14.17 | -4.26% |
| Middle East Specialized Cables Co.(2370.SA) | 22.40 | -3.2% |