Market Movements Now | LUBEREF (2223) Hits 52-Week High; MESC (2370) Gains Over 4% on 264.92% Volume Surge; SAPTCO (4040) Secures SAR 470.2M Jubail Transport Contract
KEC 4310.SA | 0.00 | |
SAPTCO 4040.SA | 0.00 | |
ARABIAN DRILLING 2381.SA | 0.00 | |
MASAR 4325.SA | 0.00 | |
APC 2200.SA | 0.00 |
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TASI Mid-Market Update — July 12, 2026
On Sunday, the Saudi stock market was mixed. As of the time of reporting, the Tadawul All Shares Index(TASI.SA) rose by 0.19%, while the Parallel Market Capped Index (NomuC)(NOMUC.SA) fell by 0.62%.
Notable News
KEC Partners with Albilad Capital for Real Estate Fund
Knowledge Economic City(4310.SA) signed a non-binding term sheet with Albilad Capital to manage a private real estate fund financing the SAR 1.5 billion Multaqa Hotels (Phase I) in Madinah. The project includes JW Marriott and Marriott hotels, branded residences, and connections to Multaqa Mall. The initiative aligns with Saudi Vision 2030, aiming to boost tourism and hospitality while attracting institutional investment for sustainable growth.
SAPTCO Secures SAR 470.2M Jubail Transport Contract
Saudi Public Transport Co.(4040.SA) has been awarded a five-year contract worth SAR 470.2 million to provide school transportation services in Jubail Industrial City. The contract, granted by the Royal Commission for Jubail and Yanbu, involves no related parties, according to a statement on Tadawul.
Arabian Drilling to Restart Operations on Three Offshore Rigs
Arabian Drilling Co.(2381.SA) received notices to resume operations for three offshore rigs suspended earlier this year due to regional developments. The precautionary suspension, coordinated with customers and authorities, prioritized safety. The company anticipates all suspended rigs will resume by late 2026, aiming for full offshore fleet utilization by year-end, marking a recovery to normal operations.
Masar Signs SAR 441.1M Land Sale Agreements
Umm Al Qura for Development and Construction Co.(4325.SA) (Masar) signed three agreements to sell land plots for SAR 441.1 million in Makkah's Masar Destination. The plots, totaling 7,387 square meters, will be developed into residential units by Watheeq Capital's Real Estate Opportunities Fund II. Masar anticipates a positive liquidity impact from deposits, with the final sale agreements expected by November 1, 2026. No related parties are involved in the deal.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Arabian Pipes Co.(2200.SA) | 23/02/2026 | 22/06/2026 | 12/07/2026 | 0.17 |
Related reads: When will users receive dividends?
New 52-Week High before 12:16 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Aramco Base Oil Co.(2223.SA) | 136.10 |
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Significant Volume Surge before 12:17 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Middle East Specialized Cables Co.(2370.SA) | 264.92 | 379,053 | 1,383,252 |
| Raoom Trading Co.(4144.SA) | 154.53 | 67,843 | 172,679 |
| Wafrah for Industry and Development Co.(2100.SA) | 99.35 | 307,834 | 613,679 |
| Saudi Printing and Packaging Co.(4270.SA) | 67.88 | 302,741 | 508,238 |
| Ash-Sharqiyah Development Co.(6060.SA) | 66.08 | 534,902 | 888,339 |
| Nama Chemicals Co.(2210.SA) | 46.30 | 79,382 | 116,132 |
Top Gainers before 12:21 pm
| Symbol | Change % | Price (SAR) |
|---|---|---|
| Saudi Printing and Packaging Co.(4270.SA) | 9.91 | 7.21 |
| Saudi Industrial Export Co.(4140.SA) | 8.44 | 2.44 |
| Raoom Trading Co.(4144.SA) | 6.88 | 73.00 |
| Middle East Specialized Cables Co.(2370.SA) | 4.09 | 33.60 |
| Amana Cooperative Insurance Co.(8310.SA) | 3.52 | 7.64 |
Top Losers before 12:23 pm
| Symbol | Change % | Price (SAR) |
|---|---|---|
| Savola Group(2050.SA) | -2.55 | 26.76 |
| Saudi Fisheries Co.(6050.SA) | -2.31 | 71.80 |
| Advanced Building Industries Co.(2240.SA) | -2.08 | 32.08 |
| Saudi Ground Services Co.(4031.SA) | -1.62 | 29.08 |
| Saudi Manpower Solutions Co.(1834.SA) | -1.60 | 6.15 |