Market Movements Now | Petro Rabigh Up 10% on First Profit in Years; BAAN Down 7% on Capital Hike, Volume +341%; Dar Albalad IPO Priced at SAR 9.25-9.75
YANSAB 2290.SA | 0.00 | |
PETRO RABIGH 2380.SA | 0.00 | |
BAAN 1820.SA | 0.00 | |
MAHARAH 1831.SA | 0.00 | |
ALSAIF GALLERY 4192.SA | 0.00 |
TASI Mid-Market Update — April 26, 2026
On Sunday, the Saudi stock market showed little change. As of the time of reporting, the Tadawul All Shares Index(TASI.SA) rose by 0.07%, while the Parallel Market Capped Index (NomuC)(NOMUC.SA) index fell by 0.27%.
Notable News
YANSAB Reports Q1 2026 Financial Results
Yanbu National Petrochemical Co.(2290.SA) reported a 12.7% drop in Q1 2026 revenue to SAR1.32 billion due to lower average sales prices and slightly reduced volumes. Net profit fell 18.2% to SAR 11.2 million, despite improved operational performance. A scheduled ethylene glycol plant maintenance from January 25 to February 17 impacted sales. Shareholders’ equity declined 9.6% to SAR 10.17 billion. Profit per share remained steady at SAR 0.02.
Petro Rabigh Reports First Quarterly Profit in Four Years, Boosted by Refining Margins
Rabigh Refining and Petrochemical Co.(2380.SA) reported a 32.4% surge in Q1 2026 revenue to SAR14.85 billion, driven by higher sales volumes and stronger refined product prices. Net profit reached SAR1.47 billion, reversing a SAR691 million loss in the prior year, supported by improved margins and plant reliability. Shareholders’ equity rose 31.9% to SAR14.49 billion, while profit per share hit SAR0.88. Accumulated losses fell to 14.77% of capital after a capital reduction.
BAAN Holding Approves SAR 305M Capital Increase for Real Estate Deals
BAAN Holding Group Co.(1820.SA) shareholders approved a SAR 305 million capital increase to fund two major real estate acquisitions. The SAR 65.58 million Al Oula deal includes 86 residential units in Al Khobar’s Ajdan Waterfront. The SAR 239.39 million Al Hokair deal involves three hotels in Riyadh and Jeddah. Shareholders also amended bylaws to expand business activities and approved 2026 contracts worth SAR 651.62 million.
Dar Albalad Sets IPO Price Range at SAR 9.25–9.75/Share
Dar Albalad set its IPO price range on TASI at SAR 9.25–9.75 per share, according to AlJazira Capital. The company plans to sell 21 million shares, representing 30% of its SAR 70 million capital. AlJazira Capital and Emirates NBD Capital Saudi Arabia are managing the offering. The retail subscription period is scheduled from May 10 to May 14.
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Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Maharah Human Resources Co.(1831.SA) | 2026-04-19 | 2026-04-26 | 2026-05-07 | 0.13 |
| AlSaif Stores for Development and Investment Co.(4192.SA) | 2026-04-13 | 2026-04-26 | 2026-05-05 | 0.06 |
Related reads: When will users receive dividends?
New 52-Week High before 01:23 pm
| Symbol | 52W High Price |
|---|---|
| Rabigh Refining and Petrochemical Co.(2380.SA) | 12.65 |
| National Shipping Company of Saudi Arabia(4030.SA) | 34.54 |
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Significant Volume Surge before 1:23 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| AL AZIZIAH REIT Fund(4337.SA) | 402.48 | 236,710.00 | 1,189,428 |
| BAAN Holding Group Co.(1820.SA) | 340.98 | 4,516,289.00 | 19,915,782 |
| National Agricultural Development Co.(6010.SA) | 185.45 | 749,759.00 | 2,140,201 |
| National Shipping Company of Saudi Arabia(4030.SA) | 158.15 | 1,001,542.00 | 2,585,526 |
| Alujain Corp.(2170.SA) | 131.96 | 765,335.00 | 1,022,603 |
| Raoom Trading Co.(4144.SA) | 76.67 | 76,460.00 | 135,084 |
Top Gainers before 1:34 pm
| Company | Price | Change |
|---|---|---|
| Rabigh Refining and Petrochemical Co.(2380.SA) | 12.65 | 10.00 % |
| Yanbu National Petrochemical Co.(2290.SA) | 35.54 | 7.70% |
| Alujain Corp.(2170.SA) | 28.94 | 6.55 % |
| Methanol Chemicals Co.(2001.SA) | 8.67 | 4.58 % |
| Naseej International Trading Co.(1213.SA) | 26.66 | 3.65% |
Top Losers before 01:39 pm
| Company | Price | Change |
|---|---|---|
| BAAN Holding Group Co.(1820.SA) | 1.95 | -7.14% |
| National Agricultural Development Co.(6010.SA) | 16.16 | -4.21% |
| Arabian Pipes Co.(2200.SA) | 6.70 | -4.01% |
| Rasan Information Technology Co.(8313.SA) | 129.50 | -3.72% |
| Saudi Steel Pipe Co.(1320.SA) | 51.40 | -3.93% |