Market Movements Now | Full Market Rally: All Sectors Rise, SNB (1180) Smashes Out +5% Breakout; 2P (7204) Secures SAR 289M Islamic Financing for Projects
CHUBB 8240.SA | 17.80 | +7.16% |
SNB 1180.SA | 42.46 | +0.28% |
ALRAJHI 1120.SA | 106.40 | -0.09% |
SAUDI ARAMCO 2222.SA | 27.60 | +0.15% |
TADAWUL GROUP 1111.SA | 138.60 | -0.07% |
TASI Mid-Market Update — January 7, 2026
The Tadawul All Shares Index(TASI.SA) advanced in early trade on January 7, 2026, once rising by as much as 2.5%—its largest intraday gain in more than three months. All index constituents recorded positive movement, with finance, consumer discretionary, and healthcare sectors leading the gains during early trades. At the time of this reporting, gains narrowed to around 1.3%.
Among individual stocks, Al Rajhi Bank(1120.SA) rose 2.4%, Saudi Arabian Oil Co.(2222.SA) added 0.5%, and Saudi Tadawul Group Holding Co.(1111.SA) once climbed as much as 7%—its strongest daily increase since late September.
The upward movement followed the Capital Market Authority's announcement that, effective February 1, 2026, all categories of foreign investors will have direct access to the main market after the removal of the previous Qualified Foreign Investor requirements. The regulator noted that foreign holdings had reached over 590 billion riyals by the end of Q3 2025, up from 498 billion riyals at the end of 2024.
Read more: The CMA Opens the Capital Market to All Categories of Foreign Investors
For other large cap stocks, ACWA POWER Co.(2082.SA) up 1.4%, Saudi Basic Industries Corp.(2010.SA) which gains 1.8%. The Saudi National Bank(1180.SA) higher by 4.5%, breaking out from consolidation.
Notable News
2P Secures SAR289M Islamic Financing for Projects
Perfect Presentation for Commercial Services Co.(7204.SA) (2P) secured a SAR289.2M facility renewal with Banque Saudi Fransi(1050.SA), effective January 6, 2026, through January 6, 2027. The Sharia-compliant financing comprises short-term facilities for letter of guarantees, letters of credit, and invoice financing, with an SAR83M long-term sub-limit allocated for new project awards and building purchases announced in December 2025. The facility is secured by promissory notes.
Al Rajhi Launches Tier 1 Dollar Social Sukuk
Al Rajhi Bank(1120.SA) commenced the offering of its US dollar-denominated Additional Tier 1 capital social sukuk on January 7, 2026, targeting eligible domestic and international investors. The offer, scheduled to close on January 8, 2026, features a minimum subscription of USD 200,000 with perpetual maturity callable after five years. Mandated managers include Goldman Sachs, HSBC, and Morgan Stanley, with the final value and return rate subject to market conditions.
Riyad Bank Begins Tier 2 Offer
Riyad Bank(1010.SA) initiated the offering of its US dollar-denominated Tier 2 sustainable notes on January 7, 2026, with a minimum subscription of USD 200,000. The 10-year notes, callable after five years, are managed by a syndicate including HSBC and First Abu Dhabi Bank, with the offer closing on January 8.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| Alkhabeer REIT Fund(4348.SA) | 2025-10-30 | 2025-11-11 | 2026-01-07 | SAR 0.105 |
Related reads: When will users receive dividends?
New 52-Week High before 1:07 pm
| Company | Price (SAR) |
|---|---|
| Almasane Alkobra Mining Co(1322.SA) | 98.80 |
Significant Volume Surge before 1:07 pm
Top Gainers before 1:07 pm
| Company | Price | Change |
|---|---|---|
| CHUBB Arabia Cooperative Insurance Co.(8240.SA) | 20.87 | 7.03% |
| BAAN Holding Group Co.(1820.SA) | 1.89 | 5.59% |
| Middle East Healthcare Co.(4009.SA) | 33.20 | 5.13% |
| Batic Investments and Logistics Co.(4110.SA) | 2.06 | 5.1% |
| The Saudi National Bank(1180.SA) | 39.70 | 4.97% |
Top Losers before 1:07 pm
| Company | Price | Change |
|---|---|---|
| Alkhorayef Water and Power Technologies Co(2081.SA) | 123.90 | -2.59% |
| National Shipping Company of Saudi Arabia(4030.SA) | 24.70 | -1.75% |
| East Pipes Integrated Company for Industry(1321.SA) | 132.80 | -1.56% |
| Specialized Medical Co.(4019.SA) | 17.76 | -1.55% |
| Red Sea International Co.(4230.SA) | 31.84 | -1.55% |