Market Movements Now | Maharah (1831) Jumps 6% after Affiliate Wins SAR 3.38B Tender; AlYamamah Steel (1304) Reaches 52W High; Solutions (7202)'s Volume Surges 910.36%
MAHARAH 1831.SA | 5.84 | -0.85% |
ACC 3010.SA | 24.10 | -0.58% |
SAUDI ARAMCO 2222.SA | 27.60 | +0.15% |
MAADEN 1211.SA | 65.40 | 0.00% |
ACWA 2082.SA | 169.50 | -1.57% |
TASI Mid-Market Update — February 16, 2026
Saudi Arabia's benchmark Tadawul All Shares Index(TASI.SA) declined by more than 0.2% during early Monday trading.
Shares of index heavyweight Saudi Arabian Oil Co.(2222.SA) decreased by 0.6%, serving as a primary downward driver for the broader market.
The easing in Saudi equities mirrored a wider, slight downward trend across major Gulf stock markets during the morning session.
Crude oil prices, a key directional driver for the region's financial markets, remained largely unchanged. This steady pricing reflects current market anticipation of OPEC+ potentially resuming output increases starting in April, alongside ongoing evaluations of regional geopolitical developments.
With the large caps, Saudi Arabian Mining Co.(1211.SA) lower by 0.9%, ACWA POWER Co.(2082.SA) down by 0.6%, The Saudi National Bank(1180.SA) decreases 0.6% and Al Rajhi Bank(1120.SA) trades 0.2% lower.
Notable News
Maharah Affiliate Wins SAR 3.38B Tender
Maharah Human Resources Co.(1831.SA) announced that Saudi Medical System, 40% owned by its wholly-owned subsidiary, won a SAR 3.38 billion cooked meals catering tender from the General Directorate of Prisons. The three-year nationwide contract is expected to reflect in the company's financial statements starting in 2026.
LIVA FY25 Net Profit Drops 18.7%, Cancels Dividend
LIVA Insurance Co.(8280.SA) reported a FY25 net profit of SAR 26.6M, down 18.7% YoY as higher reinsurance ceded premiums and a 470% surge in Zakat provisions dragged on earnings. However, insurance revenues jumped 28.9% to SAR 575M, driven by group credit life business growth; meanwhile, the board canceled FY25 cash dividends to strengthen the company's financial position.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
| Arab National Bank(1080.SA) | 2026-02-01 | 2026-02-04 | 2026-02-16 | SAR 0.65 |
Related reads: When will users receive dividends?
New 52-Week High before 12:20 pm
| Symbol | 52W High Price |
|---|---|
| Al Yamamah Steel Industries Co.(1304.SA) | 40.30 |
Significant Volume Surge before 12:20 pm
| Symbol | Volume Change% | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Arabian Internet and Communications Services Co.(7202.SA) | 910.36% | 96,041 | 970,361 |
| Arabian Cement Co.(3010.SA) | 456.95% | 67,980 | 378,612 |
| Kingdom Holding Co.(4280.SA) | 394.46% | 589,430 | 2,914,490 |
| Fourth Milling Co.(2286.SA) | 363.06% | 758,092 | 3,510,422 |
| AYYAN Investment Co.(2140.SA) | 221.43% | 352,673 | 1,133,610 |
| Dr. Soliman Abdel Kader Fakeeh Hospital Co.(4017.SA) | 207.35% | 192,514 | 591,690 |
| Maharah Human Resources Co.(1831.SA) | 205.1% | 3,375,399 | 10,298,385 |
| Saudi Kayan Petrochemical Co.(2350.SA) | 180.36% | 3,937,596 | 11,039,552 |
| Marketing Home Group for Trading Co.(4194.SA) | 89.88% | 83,064 | 157,726 |
| Saudi Cement Co.(3030.SA) | 89.55% | 117,168 | 222,089 |
| Saudi Automotive Services Co.(4050.SA) | 61.55% | 197,050 | 318,326 |
Top Gainers before 12:20 pm
| Company | Price | Change |
|---|---|---|
| Maharah Human Resources Co.(1831.SA) | 6.51 | 7.43% |
| Arabian Cement Co.(3010.SA) | 22.80 | 6.69% |
| AYYAN Investment Co.(2140.SA) | 12.78 | 5.45% |
| Kingdom Holding Co.(4280.SA) | 9.18 | 5.4% |
| Saudi Research and Media Group(4210.SA) | 103.00 | 3.0% |
Top Losers before 12:20 pm
| Company | Price | Change |
|---|---|---|
| Arabian Internet and Communications Services Co.(7202.SA) | 209.20 | -7.39% |
| Dr. Soliman Abdel Kader Fakeeh Hospital Co.(4017.SA) | 33.86 | -2.7% |
| United Cooperative Assurance Co.(8190.SA) | 3.68 | -2.39% |
| Middle East Paper Co.(1202.SA) | 19.49 | -2.31% |
| Tanmiah Food Co(2281.SA) | 58.65 | -2.17% |