Market Movements Now | Only 1 Saudi Stock Hits a 52-Week High Today; Medgulf (8030) Volume Surges 24% Above Average
JOUF CEMENT 3091.SA | 10.90 | +1.49% |
MEDGULF 8030.SA | 27.10 | +0.74% |
ARDCO 4150.SA | 34.80 | -2.38% |
BURUJ 8270.SA | 22.82 | +3.54% |
ACIG 8150.SA | 15.60 | +0.52% |
The Tadawul All Shares Index(TASI.SA) showed a slight increase today, marking a pause after three consecutive trading sessions of decline. Despite the uptick, the index continues to trade below the 11,900 level.
Notable News:
Al-Jouf Cement's Green Cement Approved for NEOM Projects
Al Jouf Cement Co.(3091.SA)'s eco-friendly Green Cement, reducing CO₂ emissions by 30%, is approved for NEOM projects. Developed with Asas Al-Muhailb, it offers superior durability, lower costs, and aligns with Vision 2030, replacing imported components with sustainable, high-performance alternatives.
Significant Volume Surge after 10:30 am
| Symbol | Price | Volume Change (%) | 3M Average Volume | Today's Volume |
|---|---|---|---|---|
| Al Jouf Cement Co.(3091.SA) | 10.26 | 16.20 | 134,672 | 156,495 |
| The Mediterranean and Gulf Insurance and Reinsurance Co.(8030.SA) | 26.35 | 24.31 | 978,943 | 1,216,908 |
New 52-Week High as of 10:45 am
| Company | Price (SAR) |
|---|---|
| Arriyadh Development Co.(4150.SA) | 31.80 |
Sector Performance as of 10:50 am
- Insurance: +1.54%
- Household & Personal Products: +1.25%
- Utilities: +1.18%
Top Gainers as of 10:50 am
The top-performing stocks at this point include:
| Symbol | Price (SAR) | % Change |
|---|---|---|
| Buruj Cooperative Insurance Co.(8270.SA) | 19.88 | +8.75% |
| The Mediterranean and Gulf Insurance and Reinsurance Co.(8030.SA) | 26.40 | +6.45% |
| Allied Cooperative Insurance Group(8150.SA) | 13.24 | +4.58% |
| Wataniya Insurance Co.(8300.SA) | 22.40 | +4.19% |
| Rasan Information Technology Co.(8313.SA) | 82.80 | +4.15% |
Top Losers as of 10:50 am
| Symbol | Price (SAR) | % Change |
|---|---|---|
| Almarai Co.(2280.SA) | 56.00 | -1.58% |
| Saudi Cable Co.(2110.SA) | 100.80 | -1.37% |
| Saudi Industrial Investment Group(2250.SA) | 16.48 | -1.20% |
| Riyadh Cables Group Co.(4142.SA) | 133.60 | -1.18% |
| Saudi Investment Bank(1030.SA) | 14.40 | -1.10% |
- Reporting by Zaid, Sahm News team
