Market Movements Now | Derayah (4084) Rises 30% on Debut; DAR ALARKAN (4300) Bucks Trend with 52-Week High; AICC (8160) Drops 3.67% on 2024 Profit Halved

DERAYAH 0.00%
AICC -0.10%
DERAYAH REIT -0.19%
DAR ALARKAN 0.00%
TADAWUL GROUP -0.71%

DERAYAH

4084.SA

27.80

0.00%

AICC

8160.SA

9.94

-0.10%

DERAYAH REIT

4339.SA

5.35

-0.19%

DAR ALARKAN

4300.SA

15.80

0.00%

TADAWUL GROUP

1111.SA

153.50

-0.71%

On Monday, the Saudi stock market declined, with the Tadawul All Shares Index(TASI.SA) down 0.69% and the Parallel Market Capped Index (NomuC)(NOMUC.SA) down 0.54% at the time of reporting.

Notable News

Derayah Financial Debuts on TASI with Strong Gains

Derayah Financial Co.(4084.SA) began trading on the Main Market (TASI) today under ISIN Code SA1690F1VQ15, surging 30% to reach SAR39. For the first three days, the stock will have a daily price fluctuation limit of +/-30% and a static limit of +/-10%. From the fourth day, daily fluctuation limits will revert to +/-10%, with no static limit.

Arabia Insurance Cooperative Co. Reports Halved Net Profit in 2024

Arabia Insurance Cooperative Co.(8160.SA)'s net profit for 2024 dropped by 50.1% year-on-year to SAR30.1 million, down from SAR60.5 million. The decline was attributed to reduced insurance revenues from the motor and medical segments, despite gains in the engineering segment. Net insurance results fell by SAR39.9 million, and other income decreased by SAR14.5 million, although operating expenses dropped by SAR11.1 million and investment income increased by SAR7.2 million.

As of 10:43 AM, the company's stock price has fallen by 3.83%.

Significant Volume Surge after 10:51 am 

SymbolPriceVolume Change %3M Average VolumeToday's Volume
Derayah REIT Fund(4339.SA) 5.73 349.44 192,747866,281 

New 52-Week High as of 10:54 am

CompanyPrice (SAR)
Dar Alarkan Real Estate Development Co.(4300.SA) 18.72

New 52-Week Low as of 10:54 am

CompanyPrice (SAR)
Saudi Tadawul Group Holding Co.(1111.SA) 201.0
Takween Advanced Industries Co.(1201.SA) 9.05
Middle East Paper Co.(1202.SA) 29.35
Saudi Manpower Solutions Co.(1834.SA) 6.45

Note: Only a selection of stocks hitting new 52-week lows has been included.

Sector Performance as of 10:49 am

  • REITS: +0.21%
  • Banks:+0.19%
  • Consumer Durables& Apparel: -0.14%

Gainers as of 11:02 am

CompanyPriceChange
Derayah Financial Co.(4084.SA) 39.0030.00 %
Derayah REIT Fund(4339.SA) 5.642.73 %
Jahez International Company for Information System Technolog(6017.SA) 31.352.12 %
Dar Alarkan Real Estate Development Co.(4300.SA) 18.741.85 %
Riyad Bank(1010.SA) 29.601.72 %

Top Losers as of 11:02 am

CompanyPriceChange
Bawan Co.(1302.SA) 47.40(4.05 %)
Arabia Insurance Cooperative Co.(8160.SA) 12.06(3.67 %)
Gulf General Cooperative Insurance Co.(8260.SA) 10.32(3.55 %)
Walaa Cooperative Insurance Co.(8060.SA) 18.08(3.52 %)
Red Sea International Co.(4230.SA) 44.20(3.49 %)
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