Market Movements Now | Emaar EC (4220) Drops Over 7% as Volume Soars 730%; Seera (1810) Gains 3%+ After CMA Okays 8.65% Capital Cut; 5 Dividend Alerts; OPEC+ Plans 206,000 BPD Output Hike
SEERA 1810.SA | 22.66 | -1.13% |
RIBL 1010.SA | 22.10 | +2.31% |
EPCCO 3080.SA | 23.00 | +0.39% |
FIRST MILLS 2283.SA | 54.55 | 0.00% |
ALRASHID INDUSTRIAL 9580.SA | 54.65 | +0.55% |
TASI Mid-Market Update — April 5, 2026
Saudi Arabia's stock market remained unchanged on Sunday. As of press time, the Tadawul All Shares Index(TASI.SA) slipped by 0.06%, while the Parallel Market Capped Index (NomuC)(NOMUC.SA) dropped by 0.28%.
Notable News
Saudi PMI Falls to 48.8 Points in March
In March, Saudi Arabia's Purchasing Managers’ Index recorded 48.8, indicating shifts in business conditions amid regional developments. Non-oil firms adjusted to changes in demand and supply chains, influenced by Middle Eastern dynamics. Export orders and production adapted, with inventories showing a slight increase. Companies are managing the evolving situation, focusing on strategic responses to current challenges.
Seera Begins Creditor Objection Period for Capital Reduction
Seera Group Holding(1810.SA) has initiated the 45-day creditor objection period for its capital reduction, starting April 5. Creditors can object by sending a registered letter to the company's Riyadh headquarters. While objections are allowed, they do not halt the reduction process. If valid objections arise, Seera will settle debts or provide guarantees. The capital cut, reducing capital by 8.65% from SAR 3 billion to SAR 2.74 billion, awaits shareholder approval at an upcoming EGM.
Read more: Seera Group Receives CMA Approval for 8.65% Capital Reduction
OPEC+ Plans Output Increase of 206,000 BPD
OPEC+ members, led by Saudi Arabia and Russia, have preliminarily agreed to boost oil production by 206,000 barrels per day. The decision, set to be discussed in a virtual meeting on April 5, follows a March resolution to gradually lift voluntary cuts.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Riyad Bank(1010.SA) | 2026-02-02 | 2026-04-05 | N/A | 0.55 |
| Eastern Province Cement Co.(3080.SA) | 2026-03-26 | 2026-04-05 | 2026-04-23 | 0.60 |
| First Milling Co.(2283.SA) | 2026-03-09 | 2026-04-05 | 2026-04-20 | 1.67 |
| Al Rashid Industrial Co.(9580.SA) | 2026-03-24 | 2026-04-05 | 2026-04-15 | 0.7 |
| Saudi Manpower Solutions Co.(1834.SA) | 2026-03-29 | 2026-04-05 | 2026-04-16 | 0.15 |
Related reads: When will users receive dividends?
New 52-Week High before 11:52 am
| Symbol | 52W High Price |
|---|---|
| SABIC Agri-Nutrients Co.(2020.SA) | 149.90 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 11.35 |
| Saudi Energy Co.(5110.SA) | 17.25 |
Significant Volume Surge before 11:53 am
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Emaar The Economic City(4220.SA) | 730.51 | 482,132 | 4,004,150 |
| Development Works Food Co.(6013.SA) | 412.54 | 31,556 | 161,738 |
| Saudi Steel Pipe Co.(1320.SA) | 260.31 | 258,520 | 931,465 |
| Saudi Arabian Amiantit Co.(2160.SA) | 192.90 | 341,018 | 998,853 |
| Methanol Chemicals Co.(2001.SA) | 159.27 | 503,814 | 1,306,225 |
| Batic Investments and Logistics Co.(4110.SA) | 123.59 | 7,878,232 | 17,614,826 |
| National Metal Manufacturing and Casting Co.(2220.SA) | 112.90 | 141,558 | 301,373 |
| Seera Group Holding(1810.SA) | 109.31 | 505,206 | 1,057,455 |
| Arabian Pipes Co.(2200.SA) | 107.46 | 4,806,490 | 9,971,358 |
Top Gainers before 12:05 pm
| Company | Price | Change |
|---|---|---|
| Saudi Arabian Amiantit Co.(2160.SA) | 15.63 | 9.99% |
| Development Works Food Co.(6013.SA) | 98.15 | 9.91% |
| Methanol Chemicals Co.(2001.SA) | 9.10 | 9.77% |
| Middle East Healthcare Co.(4009.SA) | 37.58 | 5.33% |
| Seera Group Holding(1810.SA) | 21.17 | 3.47% |
Top Losers before 12:04 pm
| Company | Price | Change |
|---|---|---|
| Emaar The Economic City(4220.SA) | 10.89 | -7.56% |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | 40.52 | -3.66% |
| Elm Co(7203.SA) | 507.50 | -3.15% |
| Herfy Food Services Co.(6002.SA) | 14.25 | -3.13% |
| Saudi Public Transport Co.(4040.SA) | 11.78 | -2.89% |