Market Movements Now | Luberef, ADES Hit 52-Week Highs; GAS Gains 7%+ (Vol +499%), Red Sea Up 9.98% (Vol +275%); Sulaiman Al Habib Drops 5%+ on Weak Q1
SULAIMAN ALHABIB 4013.SA | 0.00 | |
HERFY FOODS 6002.SA | 0.00 | |
SAL 4263.SA | 0.00 | |
CENOMI CENTERS 4321.SA | 0.00 | |
YC 3020.SA | 0.00 |
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TASI Mid-Market Update — May 03, 2026
On Sunday, the Saudi stock market showed little change. As of press time, the Tadawul All Shares Index(TASI.SA) had fallen by 0.12%, while the Parallel Market Capped Index (NomuC)(NOMUC.SA) had dropped by 0.01%.
Notable News
Sulaiman Al Habib Q1 2026 Profit Falls 10% to SAR 503.3M
Dr. Sulaiman Al Habib Medical Services Group(4013.SA) posted Q1 2026 revenue of SAR 3,435.76M, an 8.80% YoY rise driven by growth in hospitals, pharmacies, and solutions segments. Net profit fell 9.64% YoY to SAR 503.29M, impacted by higher costs from new hospital expansions adding 2,000 beds. Quarterly revenue dropped 7.18% QoQ due to seasonal factors. New facilities remain in the ramp-up phase, with profitability expected to improve as operations stabilize.
Dr. Sulaiman Al Habib Medical Services Group(4013.SA) declared a cash dividend of 10.1% of its capital, equating to SAR 1.01 per share, for Q1 2026. The total payout amounts to SAR 353.5M, covering 350M shares. The record date for eligibility is set for Feb. 19, 2026, with payments to be distributed on May 21, 2026, as per the statement released to Tadawul.
Herfy Loses SAR 3.9M in Q1 2026
Herfy Food Services Co.(6002.SA) posted Q1 2026 revenue of SAR 250.14M, down 6.86% YoY due to lower sales. Net loss narrowed significantly to SAR 3.91M, a 78.99% improvement YoY, driven by reduced cost of sales, lower finance and zakat expenses, and higher other income. Quarterly revenue fell 5.53% QoQ, while net loss improved 66.47%, supported by similar cost reductions despite increased administrative expenses and sales-related provisions.
SAL Profit Rises 2% to SAR 156.6M in Q1 2026
SAL Saudi Logistics Services Co.(4263.SA) announced its interim financial results for Q1 2026, revealing a 16.1% increase in revenue to SAR 445.8 million compared to the same period last year, driven by a 19.3% growth in the Cargo Ground Handling Division. Despite geopolitical disruptions, net profit rose 2.3% to SAR 156.6 million. However, revenue decreased 12.5% from the previous quarter due to seasonal factors.
SAL's board has approved distributing SAR 117.6 million in cash dividends for Q1 2026, equating to SAR 1.47 per share. The dividend represents 14.7% of the share par value. Shareholders owning shares by May 18, 2026, will receive payments on June 11, 2026.
Cenomi Centers Earns SAR 202.5M in Q1 2026
Arabian Centres Co.(4321.SA) announced Q1 2026 results, with revenue slightly down by 1.4% to SAR 582.5 million year-on-year, but up 3.3% from the previous quarter. Net profit decreased 6.6% to SAR 202.5 million due to higher finance costs and utility expenses. Strong leasing and media sales boosted operating profit by 10.3%. New developments in Jeddah and Riyadh are set to enhance future performance significantly.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Yamama Cement Co.(3020.SA) | 2026-02-16 | 2026-04-13 | 2026-05-03 | 1.00 |
| Almarai Co.(2280.SA) | 2025-12-16 | 2026-04-21 | 2026-05-03 | 1.15 |
| Theeb Rent a Car Co.(4261.SA) | 2026-03-30 | 2026-04-23 | 2026-05-03 | 0.28 |
| Al-Modawat Specialized Medical Co.(9594.SA) | 2025-12-14 | 2026-04-19 | 2026-05-03 | 0.01 |
| Clean Life Co.(9581.SA) | 2025-12-01 | 2026-05-03 | 2026-05-21 | 2.00 |
Related reads: When will users receive dividends?
New 52-Week High before 12:25 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Aramco Base Oil Co.(2223.SA) | 127.00 |
| Ades Holding Co.(2382.SA) | 19.94 |
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Significant Volume Surge before 12:39 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Gas Arabian Services Co.(4146.SA) | 499.43 | 245,065 | 1,469,004 |
| Saudi Industrial Investment Group(2250.SA) | 418.89 | 1,172,410 | 6,083,551 |
| Aldawaa Medical Services Co.(4163.SA) | 409.14 | 185,644 | 945,182 |
| Takween Advanced Industries Co.(1201.SA) | 283.75 | 211,976 | 813,461 |
| Derayah REIT Fund(4339.SA) | 277.23 | 80,612 | 304,093 |
| Red Sea International Co.(4230.SA) | 275.33 | 549,998 | 2,064,327 |
| Obeikan Glass Co.(4145.SA) | 204.89 | 238,680 | 727,711 |
| The National Company for Glass Industries(2150.SA) | 189.95 | 170,747 | 495,081 |
| Al Taiseer Group Talco Industrial Co.(4143.SA) | 170.76 | 64,060 | 173,448 |
| Herfy Food Services Co.(6002.SA) | 143.61 | 157,116 | 382,743 |
Top Gainers before 12:40 pm
| Company | Price | Change |
|---|---|---|
| Red Sea International Co.(4230.SA) | 27.00 | 9.98 % |
| Saudi Industrial Investment Group(2250.SA) | 15.09 | 8.24 % |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | 45.04 | 7.49 % |
| Gas Arabian Services Co.(4146.SA) | 15.84 | 7.10 % |
| Obeikan Glass Co.(4145.SA) | 27.32 | 6.64 % |
Top Losers before 12:43 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Dr. Sulaiman Al Habib Medical Services Group(4013.SA) | 229.10 | -5.49 |
| Naseej International Trading Co.(1213.SA) | 24.54 | -5.10 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 14.28 | -3.78 |
| Al Moammar Information Systems Co.(7200.SA) | 175.30 | -2.63 |
| Al Majed Oud Co.(4165.SA) | 142.50 | -2.60 |