Market Movements Now | IPO Stock Dar Albalad (7205) Pops 26% in Tadawul Trading Debut; Aramco (2222) Hits 52W High; Arabian Mills (2285) Shareholders Receive SAR 1.00/Share Dividend
DBS 7205.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 | |
BSF 1050.SA | 0.00 | |
SOLUTIONS 7202.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 |
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TASI Mid-Market Update — May 20, 2026
Saudi Arabia’s benchmark index, Tadawul All Shares Index(TASI.SA), declined by 0.1% during early trading on Wednesday, reflecting a broader downturn across regional markets as global macroeconomic pressures weighed on investor sentiment. The downward movement was visible across most sectors on the Saudi Exchange.
Among the notable decliners in early activity, Banque Saudi Fransi(1050.SA) fell by 3.8%, while Arabian Internet and Communications Services Co.(7202.SA) dropped by 4%.
The early-trade performance occurred against a backdrop of weaker Asian equities, persistent sell-offs in global bond markets driven by anticipation of potential U.S. Federal Reserve policy tightening, and elevated oil prices amid ongoing shipping constraints in the Strait of Hormuz.
In the large-cap sector, Al Rajhi Bank(1120.SA) is seeing a slight dip of 0.02%. The Saudi National Bank(1180.SA) is edging higher by 0.47%. Saudi Arabian Mining Co.(1211.SA) is easing by 0.1%. ACWA POWER Co.(2082.SA) is surging by 2.6%. Saudi Basic Industries Corp.(2010.SA) is easing by 0.6%. Saudi Arabian Oil Co.(2222.SA) is lower by 0.2%.
Notable News
Dar Albalad Pops 26% in Tadawul Trading Debut
Dar AlBalad for Business Solutions Co.(7205.SA) once climbed to SAR 12.32 in its Tadawul Main Market debut on Wednesday, a 26.4% gain over the SAR 9.75 IPO price, trading under the temporary ±30% daily fluctuation limit applied to its first three sessions. The rally follows an IPO priced at the top of the SAR 9.25–9.75 indicative range, with the institutional book-building (26–30 April 2026) oversubscribed 66.6 times. The retail tranche drew 90,231 subscribers placing approximately SAR 231 million in orders, covering the 6.3 million-share allocation 375.71%. The stock currently trading at ~SAR 12.2 at the time of this reporting.
Alinma Launches USD 200K Minimum Offering
Alinma Bank(1150.SA) commenced its offering of USD-denominated sustainable Additional Tier 1 capital certificates to local and international investors on May 20, 2026. The perpetual securities, which require a minimum USD 200,000 subscription and are callable after 5.5 years, will be listed on the London Stock Exchange.
Arabian Mills Shareholders Receive SAR 1.00/Share Dividend
Arabian Mills for Food Products Co.(2285.SA) confirmed its board's recommendation to distribute SAR 51,315,006 in total cash dividends for 2025, following a General Assembly meeting on May 19, 2026. Eligible shareholders will receive SAR 1.00 per share on June 8, 2026, though foreign non-resident payouts face a 5% withholding tax.
Riyadh Cables Major Shareholder Transferred Shares
Major shareholder Mr. Ahmad Samer bin Hamdi Alzaim is restructuring his ownership in Riyadh Cables Group Co.(4142.SA) by transferring 9,000,000 shares to his 99.99%-owned closed joint-stock company. The transaction represents 6% of total shares, directly altering the company's major shareholder list.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Aldawaa Medical Services Co.(4163.SA) | 2026-05-04 | 2026-05-10 | 2026-05-20 | 0.63 |
| Saudi Telecom Co.(7010.SA) | 2026-04-28 | 2026-04-30 | 2026-05-20 | 0.55 |
| Alinma Bank(1150.SA) | 2026-04-23 | 2026-05-06 | 2026-05-20 | 0.25 |
| Kingdom Holding Co.(4280.SA) | 2026-03-25 | 2026-05-12 | 2026-05-20 | 0.07 |
| Al AZIZIAH REIT Fund(4337.SA) | 2026-03-16 | 2026-04-07 | 2026-05-20 | 0.09 |
| Alwasail Industrial Co.(4148.SA) | 2026-03-12 | 2026-05-05 | 2026-05-20 | 0.075 |
| Al Masar Al Shamil Education Co.(6019.SA) | 2026-02-11 | 2026-05-06 | 2026-05-20 | 0.7324 |
| Americana Restaurants International PLC - Foreign Company(6015.SA) | 2026-02-09 | 2026-05-07 | 2026-05-20 | 0.09 |
Related reads: When will users receive dividends?
New 52-Week High before 12:17 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Arabian Oil Co.(2222.SA) | 27.96 |
| Jarir Marketing Co.(4190.SA) | 15.69 |
| SEDCO CAPITAL REIT Fund(4344.SA) | 7.85 |
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Significant Volume Surge before 12:17 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Derayah REIT Fund(4339.SA) | +240.28% | 106,548 | 362,566 |
| Saudi Automotive Services Co.(4050.SA) | +187.47% | 291,619 | 838,324 |
| Musharaka REIT Fund(4335.SA) | +100.41% | 70,107 | 140,501 |
| Saudia Dairy and Foodstuff Co.(2270.SA) | +92.52% | 41,282 | 79,477 |
| Tabuk Agricultural Development Co.(6040.SA) | +91.08% | 188,580 | 360,347 |
| Riyad REIT Fund(4330.SA) | +71.78% | 111,572 | 191,655 |
| Savola Group(2050.SA) | +63.78% | 1,008,511 | 1,651,721 |
| Malath Cooperative Insurance Co.(8020.SA) | +59.85% | 195,065 | 311,812 |
| Perfect Presentation for Commercial Services Co.(7204.SA) | +58.26% | 592,650 | 937,918 |
| ACWA POWER Co.(2082.SA) | +57.91% | 540,139 | 852,915 |
| Etihad GO Telecom Co.(7040.SA) | +51.73% | 243,309 | 369,171 |
| AlAhli REIT Fund 1(4338.SA) | +41.08% | 52,651 | 74,281 |
| Nama Chemicals Co.(2210.SA) | +24.15% | 93,540 | 116,132 |
Top Gainers before 12:17 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Saudia Dairy and Foodstuff Co.(2270.SA) | 232.80 | +6.35% |
| Savola Group(2050.SA) | 28.42 | +4.41% |
| ACWA POWER Co.(2082.SA) | 186.50 | +2.87% |
| Tanmiah Food Co.(2281.SA) | 61.75 | +2.66% |
| East Pipes Integrated Company for Industry(1321.SA) | 195.40 | +2.63% |
Top Losers before 12:17 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Arabian Internet and Communications Services Co.(7202.SA) | 218.80 | -3.91% |
| Banque Saudi Fransi(1050.SA) | 18.85 | -3.83% |
| Bonyan REIT Fund(4347.SA) | 9.78 | -3.74% |
| Malath Cooperative Insurance Co.(8020.SA) | 8.30 | -3.49% |
| AFG International Co.(4240.SA) | 12.41 | -3.2% |