Market Movements Now | Dar Al Majed (4326) Secures SAR 211M Deal; Jarir (4190), Rasan (8313) and More Hit 52 Week Highs; UAC (8190) Sees 497.59% Volume Surge
GAS 4146.SA | 0.00 | |
UCA 8190.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 | |
SNB 1180.SA | 0.00 |
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TASI Mid-Market Update — June 10, 2026
Saudi Arabia's benchmark index Tadawul All Shares Index(TASI.SA) declined by 0.3% in early trading on Wednesday. The downward movement was primarily driven by losses in heavyweights, with Al Rajhi Bank(1120.SA) falling 0.8% and oil major Saudi Arabian Oil Co.(2222.SA) decreasing by 0.15%.
The drop occurred amid a broader decline across major Gulf stock markets, following a renewed escalation in geopolitical tensions between the United States and Iran, alongside volatile trading in oil prices where Brent futures fell 0.1% to $91.36 a barrel.
In the large-cap sector, The Saudi National Bank(1180.SA) declining 1.6%. Saudi Arabian Mining Co.(1211.SA) is under pressure, dropping 1.57%. ACWA POWER Co.(2082.SA) is down by 0.35%. Saudi Basic Industries Corp.(2010.SA) is retreating by 1.24%.
Notable News
National Company Current Quarter Profit Surges 19%
National Company for Learning and Education(4291.SA) reported a 19% increase in net profit to SAR 67.6 million for the quarter ending April 30, 2026, driven by a 15% revenue increase to SAR 212.3 million. Quarter enrollment grew 10% to 35.2 thousand students. For the nine-month period, net profit rose 9% to SAR 168.2 million on revenue of SAR 609.8 million.
National Company Approves SAR 41M School Project
National Company for Learning and Education(4291.SA) approved the establishment of a Tarbyh Namouthajiyah schools complex in Riyadh for an estimated SAR 41 million. Construction begins in Q1 of fiscal year 2026/2027 with completion expected by Q4. The 2,200-student capacity complex, built by Suhaib Al-Hafez & Partners, will impact financial results starting Q1 2027/2028.
Dar Al Majed Secures SAR 211M Deal
Dar Al Majed Real Estate Co.(4326.SA) signed a SAR 211,612,500 agreement on June 9, 2026, to become the exclusive developer for Jadwa Al Manzel Real Estate Fund's residential project in Riyadh. The 24-month project aims to develop 27,000 square meters in Al Khuzama District. Financial impact will appear progressively based on completion rates.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Bonyan REIT Fund(4347.SA) | 2026-05-17 | 2026-05-19 | 2026-06-10 | 0.40 |
Related reads: When will users receive dividends?
New 52-Week High before 12:18 pm
| Symbol | 52W High Price |
|---|---|
| Rasan Information Technology Co.(8313.SA) | 157.80 |
| Bupa Arabia for Cooperative Insurance Co.(8210.SA) | 194.20 |
| Gulf Insurance Group(8250.SA) | 30.90 |
| Jarir Marketing Co.(4190.SA) | 16.30 |
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Significant Volume Surge before 12:18 pm
Top Gainers before 12:18 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Gas Arabian Services Co.(4146.SA) | 17.03 | +8.68% |
| United Cooperative Assurance Co.(8190.SA) | 3.46 | +3.9% |
| Middle East Pharmaceutical Industries Co.(4016.SA) | 61.35 | +3.37% |
| Saudi Reinsurance Co.(8200.SA) | 27.16 | +3.27% |
| Bupa Arabia for Cooperative Insurance Co.(8210.SA) | 194.00 | +3.03% |
Top Losers before 12:18 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Yanbu Cement Co.(3060.SA) | 15.55 | -6.21% |
| Almasane Alkobra Mining Co.(1322.SA) | 70.85 | -4.0% |
| Al Taiseer Group Talco Industrial Co.(4143.SA) | 34.18 | -2.79% |
| SABIC Agri-Nutrients Co.(2020.SA) | 127.00 | -2.68% |
| Raoom Trading Co.(4144.SA) | 68.05 | -2.65% |