Market Movements Now | Maharah (1831) Hits 52W Highs; Saudi Enaya (8311) Gets One Year Approval Renewal; Saudi German Health (4009) Appoints Board Chairman
ABO MOATI 4191.SA | 0.00 | |
SIDC 2130.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 16, 2026
The Saudi Arabian benchmark index, Tadawul All Shares Index(TASI.SA), edged 0.03% higher during Thursday's trading session.
Regional market activity occurred against a backdrop of escalating geopolitical tensions, following a fresh round of U.S. military strikes on Iranian coastal defenses and missile sites. The U.S. actions came after the reinstatement of a naval blockade on Iranian ports, prompting warnings from Tehran regarding potential restrictions on regional energy exports. Marine traffic through the Strait of Hormuz remained obstructed due to ongoing military operations, impacting a waterway that historically carried approximately one-fifth of global oil and gas shipments.
In the large-cap sector, Al Rajhi Bank(1120.SA) is edging higher by 0.47%. The Saudi National Bank(1180.SA) is advancing 0.85%. Saudi Arabian Mining Co.(1211.SA) is holding steady. ACWA POWER Co.(2082.SA) is retreating by 1%. Saudi Basic Industries Corp.(2010.SA) is posting a gain of 0.5%. Saudi Arabian Oil Co.(2222.SA) is down by 0.15%.
Notable News
Saudi Enaya Gets One Year Approval Renewal
Saudi Enaya Cooperative Insurance Co.(8311.SA) received approval from the Insurance Authority to renew the company's qualification for one year. The renewal starts on July 22, 2026, and ends on July 21, 2027.
ADES Holding Wins SAR 858M Contracts
Ades Holding Co.(2382.SA) secured two offshore drilling contracts in Nigeria and the UK North Sea worth a combined SAR 858.3 million. The Nigerian contract with Seplat Energy is valued at SAR 375.3 million for a two-year period starting Q1 2027. The UK North Sea contract with NEO NEXT+ Energy is valued at SAR 483 million, starting in Q4 2026.
Middle East Healthcare Appoints Board Chairman
Middle East Healthcare Co.(4009.SA) appointed Abdulaziz Hasheem Al-Anazi as independent board Chairman and Ahmad Abdullah Alali as Vice Chairman following its board meeting on July 15, 2026. The company also appointed Moaz Mohammed Alzarkan as board secretary alongside its market representatives. The new board term runs for four years until July 7, 2030.
Key Dividend Events
No Dividend Events available at the time of this reporting.
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New 52-Week High before 12:45 pm
| Symbol | 52W High Price |
|---|---|
| Maharah Human Resources Co.(1831.SA) | 5.57 |
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Significant Volume Surge before 12:45 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| YAQEEN PETROCHEMICAL ETF(9401.SA) | +405.46% | 1,318 | 6,662 |
| Saudi Azm for Communication and Information Technology Co.(7211.SA) | +270.48% | 82,251 | 304,720 |
| Arabian Company for Agricultural and Industrial Investment(2287.SA) | +270.37% | 285,408 | 1,057,069 |
| Tanmiah Food Co.(2281.SA) | +246.81% | 89,977 | 312,053 |
| Saudi Printing and Packaging Co.(4270.SA) | +226.3% | 368,869 | 1,203,625 |
| Lazurde Company for Jewelry(4011.SA) | +217.31% | 143,450 | 455,187 |
| Albilad MSCI Saudi Growth ETF(9408.SA) | +72.32% | 4,794 | 8,261 |
| Raoom Trading Co.(4144.SA) | +57.02% | 67,120 | 105,395 |
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | +49.58% | 325,107 | 486,303 |
| Obeikan Glass Co.(4145.SA) | +47.54% | 235,723 | 347,787 |
| Alistithmar AREIC Diversified REIT Fund(4350.SA) | +43.61% | 69,540 | 99,868 |
| Nama Chemicals Co.(2210.SA) | +37.23% | 84,627 | 116,132 |
| Maharah Human Resources Co.(1831.SA) | +20.68% | 3,972,421 | 4,794,013 |
| National Gas and Industrialization Co.(2080.SA) | +20.51% | 93,113 | 112,214 |
Top Gainers before 12:45 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA) | 43.86 | +6.82% |
| Saudi Industrial Development Co.(2130.SA) | 17.18 | +4.95% |
| Arabian Company for Agricultural and Industrial Investment(2287.SA) | 28.22 | +4.06% |
| Obeikan Glass Co.(4145.SA) | 26.36 | +3.37% |
| Saudi Azm for Communication and Information Technology Co.(7211.SA) | 22.00 | +2.95% |
Top Losers before 12:45 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Electrical Industries Co.(1303.SA) | 13.96 | -5.61% |
| Middle East Specialized Cables Co.(2370.SA) | 32.24 | -2.95% |
| Naseej International Trading Co.(1213.SA) | 24.92 | -2.88% |
| Al-Etihad Cooperative Insurance Co.(8170.SA) | 7.46 | -2.86% |
| Saudi Reinsurance Co.(8200.SA) | 26.32 | -2.52% |