Market Movements Now | Leejam Sports (1830) Surge 7.3%, Approves SAR 0.77/share Dividend; Get Ready for SNB (1180) and Riyad Bank (1010) Key Dividend Events Today
LEEJAM SPORTS 1830.SA | 0.00 | |
TADCO 6040.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
SNB 1180.SA | 0.00 | |
MAADEN 1211.SA | 0.00 |
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TASI Mid-Market Update — July 28, 2026
Global oil prices extended losses on Tuesday, with benchmark contracts declining by more than 1.5% to hit multi-day lows amid easing fears over Middle East supply disruptions and ongoing diplomatic developments.
Tadawul All Shares Index(TASI.SA) down by 0.6% during early trading on Tuesday.
Geopolitical & Diplomatic Developments: Prices softened following remarks from U.S. leadership indicating active talks with Iran regarding potential conflict resolution. Additionally, proposals for a joint regional management mechanism for the Strait of Hormuz between Oman and Iran helped ease immediate market anxiety over critical transit chokepoints.
Analyst Outlook: Financial institutions note that a full reopening of the Strait of Hormuz could anchor Brent prices near $80 per barrel by year-end, though ongoing Red Sea transit risks and threats to regional oil infrastructure continue to present potential upside price volatility.
In the large-cap sector, Al Rajhi Bank(1120.SA) is easing by 0.5%. The Saudi National Bank(1180.SA) and Saudi Arabian Mining Co.(1211.SA) are both relatively flat, moving 0.15% and 0.62% respectively. ACWA POWER Co.(2082.SA) and Saudi Basic Industries Corp.(2010.SA) are both seeing declines, moving 0.57% and 0.68% respectively. Saudi Arabian Oil Co.(2222.SA) is retreating by 1%.
Notable News
Leejam Sports Q2 Profit Drops 13%
Leejam Sports Co.(1830.SA) reported a 13% year-on-year drop in Q2 2026 net profit to SAR 63 million, despite a 9% revenue increase to SAR 411 million. The decline was driven by expansion costs, higher finance expenses, and administrative investments.
Leejam Sports Surge 7.3%, Approves SAR 0.77/share Dividend
Leejam Sports Co.(1830.SA) approved a Q2 2026 cash dividend distribution of SAR 38.25 million, paying SAR 0.77 per share. Eligibility is set for July 30, 2026, with payment on August 10. Shares surged 7.34% following the dividend announcement.
Knowledge Economic City Advances SAR 10.2B Development Strategy
Knowledge Economic City(4310.SA) signed an SAR 91 million infrastructure contract with SALCO Saudi Contracting Company for execution over 24 months. Simultaneously, the company and its subsidiary Algharraa signed a 120-day LOI with BSF Capital and Fourmen Investment to establish a private real estate fund to develop the SAR 7.5 billion Knowledge Gardens project. The mixed-use development expects total revenues of SAR 10.2 billion, with KEC anticipating SAR 800 million in cash and a 39.9% fund equity stake.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Riyad Bank(1010.SA) | 2026-07-21 | 2026-07-28 | 2026-08-10 | 0.64 |
| The Saudi National Bank(1180.SA) | 2026-07-21 | 2026-07-28 | 2026-08-10 | 1.15 |
Related reads: When will users receive dividends?
New 52-Week High before 12:21 pm
| Symbol | 52W High Price |
|---|---|
| Zahrat Al Waha for Trading Co.(3007.SA) | 3.13 |
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Significant Volume Surge before 12:21 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Zahrat Al Waha for Trading Co.(3007.SA) | +430.97% | 1,709,732 | 9,078,166 |
| Tabuk Agricultural Development Co.(6040.SA) | +334.5% | 566,661 | 2,462,146 |
| AYYAN Investment Co.(2140.SA) | +292.23% | 276,874 | 1,085,991 |
| Leejam Sports Co.(1830.SA) | +193.23% | 130,815 | 383,595 |
| Albilad MSCI Saudi Growth ETF(9408.SA) | +107.12% | 4,960 | 10,273 |
| Knowledge Economic City(4310.SA) | +64.67% | 476,629 | 784,880 |
| Mobile Telecommunication Company Saudi Arabia(7030.SA) | +33.85% | 2,084,334 | 2,789,949 |
| Albilad MSCI US Tech. ETF(9407.SA) | +18.38% | 12,557 | 14,865 |
| Dr. Sulaiman Al Habib Medical Services Group(4013.SA) | +4.04% | 206,247 | 214,571 |
Top Gainers before 12:21 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Leejam Sports Co.(1830.SA) | 75.60 | +7.77% |
| Tabuk Agricultural Development Co.(6040.SA) | 8.70 | +6.88% |
| Saudi Enaya Cooperative Insurance Co.(8311.SA) | 10.22 | +4.29% |
| Al-Etihad Cooperative Insurance Co.(8170.SA) | 7.30 | +2.24% |
| Knowledge Economic City(4310.SA) | 14.85 | +2.2% |
Top Losers before 12:21 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| AYYAN Investment Co.(2140.SA) | 9.28 | -9.99% |
| Nice One Beauty Digital Marketing Co.(4193.SA) | 11.33 | -8.18% |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 15.22 | -4.4% |
| Arabian Pipes Co.(2200.SA) | 6.24 | -3.7% |
| Middle East Specialized Cables Co.(2370.SA) | 31.40 | -3.62% |