Please use a PC Browser to access Register-Tadawul
Get It
Market Movements Now | Red Sea Plans Subsidiary IPO; Al Othaim Stops 51% Acquisition; Saudi Cement Declares SAR 1 Dividend; SISCO Volume Surges 911%, Shares Gain
SNB -1.61%
SMC HEALTHCARE -2.08%
A.OTHAIM MARKET +0.32%
RED SEA +0.70%
SAUDI CEMENT -0.41%
SNB 1180.SA | 36.60 | -1.61% |
SMC HEALTHCARE 4019.SA | 19.29 | -2.08% |
A.OTHAIM MARKET 4001.SA | 6.23 | +0.32% |
RED SEA 4230.SA | 34.56 | +0.70% |
SAUDI CEMENT 3030.SA | 34.34 | -0.41% |
TASI Mid-Market Update | 25 June 2025
The Saudi benchmark index Tadawul All Shares Index(TASI.SA) extended its upward momentum in early Wednesday trade, rising 0.1%, following a strong rally in the previous session when it surged 2.37% and reclaimed levels above its 20-day exponential moving average (EMA20). The positive sentiment was supported by easing geopolitical tensions after a ceasefire agreement between Israel and Iran, brokered by U.S. President Donald Trump, appeared to be holding.
Gains were led by The Saudi National Bank(1180.SA), which advanced 1%, contributing to the index’s modest gain. Meanwhile, Specialized Medical Co.(4019.SA), opened 1.5% lower on its trading debut.
The broader Gulf markets also opened higher, buoyed by a combination of geopolitical relief and rising oil prices. Brent crude gained as investors assessed the durability of the ceasefire and anticipated potential U.S. interest rate cuts, which could provide further support for regional liquidity.
Notable News
Al Othaim Stops 51% Acquisition
Abdullah Al Othaim Markets Co.(4001.SA) has terminated its non-binding memorandum of understanding to acquire a 51% stake in Ebdaa Al Qasr Marketing Company, initially announced on March 2, 2025. The parties failed to reach an agreement; due diligence costs of about SAR 1 million incurred, with no impact on financial results.
Red Sea Plans Subsidiary IPO
Red Sea International Co.(4230.SA) announced plans to publicly list its core subsidiary, Fundamental Installation for Electric Work Company Limited. The IPO qualifies as a significant transaction requiring shareholder and regulatory approvals. Red Sea will retain its stake; no shares will be sold in the offering.
Saudi Cement Declares SAR 1 Dividend
Saudi Cement Co.(3030.SA)’s board approved a SAR 153 million cash dividend for H1 2025, equal to SAR 1 per share or 10% of par value. Shareholders holding shares by June 29 will receive payment on July 8 via Idaa and Riyad Bank.
Final Dividend Eligibility
| SYMBOL | ANNOUNCEMENT DATE | ELIGIBILITY DATE | DISTRIBUTION DATE | DIVIDEND AMOUNT |
| Saudi Advanced Industries Co.(2120.SA) | 2025-04-30 | 2025-06-25 | 2025-07-15 | SAR 1.00 |
| Arabian Company for Agricultural and Industrial Investment(2287.SA) | 2025-04-03 | 2025-06-25 | 2025-07-09 | SAR 0.50 |
| Al Taiseer Group Talco Industrial Co.(4143.SA) | 2025-03-23 | 2025-06-25 | 2025-07-13 | SAR 1.60 |
| Dr. Soliman Abdel Kader Fakeeh Hospital Co.(4017.SA) | 2025-03-05 | 2025-06-25 | 2025-07-16 | SAR 0.30 |
New 52-Week High as of 12:19 pm
| Company | Price (SAR) |
|---|---|
| Saudi Cable Co.(2110.SA) | 149.00 |
Significant Volume Surge after 11:30 am
| Symbol | Volume Change% | 3M Average Volume | Today's Volume So Far |
| Sustained Infrastructure Holding Co.(2190.SA) | 911.25% | 339,780 | 3,436,024 |
| The Mediterranean and Gulf Insurance and Reinsurance Co.(8030.SA) | 258.39% | 728,822 | 2,612,013 |
| JADWA REIT AL HARAMAIN FUND(4332.SA) | 127.77% | 124,806 | 284,269 |
| Red Sea International Co.(4230.SA) | 86.97% | 494,515 | 924,583 |
| Middle East Healthcare Co.(4009.SA) | 86.01% | 335,970 | 624,943 |
| Saudi Arabia Refineries Co.(2030.SA) | 84.47% | 178,802 | 329,829 |
| Naseej International Trading Co.(1213.SA) | 79.08% | 122,805 | 219,921 |
| Saudi Fisheries Co.(6050.SA) | 77.98% | 100,717 | 179,257 |
| Saudi Vitrified Clay Pipes Co.(2360.SA) | 56.50% | 33,788 | 52,878 |
| Alamar Foods Co.(6014.SA) | 52.70% | 56,385 | 86,101 |
Sector Performance as of 12:19 pm
Today's top-performing sectors are as follows:
- Software & Svc Index(TSSI.SA): +2.33%
- Transportation Index(TTNI.SA): +1.42%
- Consumer Svc Index(TCSI.SA): +1.26%
Top Gainers as of 12:19 pm
Today's top-performing stocks are as follows:
| Stock | Price | % Change |
|---|---|---|
| Saudi Printing and Packaging Co.(4270.SA) | 11.84 | +9.83% |
| Sustained Infrastructure Holding Co.(2190.SA) | 30.10 | +8.27% |
| Alandalus Property Co.(4320.SA) | 22.58 | +5.12% |
| Saudi Arabia Refineries Co.(2030.SA) | 63.00 | +4.65% |
| Mutakamela Insurance Co.(8040.SA) | 15.80 | +3.81% |
Top Losers as of 12:19 pm
Today's worst-performing stocks are as follows:
| Stock | Price | % Change |
|---|---|---|
| Zamil Industrial Investment Co.(2240.SA) | 40.55 | -2.41% |
| Banan Real Estate Co.(4324.SA) | 4.75 | -1.45% |
| Bank Albilad(1140.SA) | 25.65 | -1.35% |
| Saudi Industrial Investment Group(2250.SA) | 16.90 | -1.29% |
| Dr. Soliman Abdel Kader Fakeeh Hospital Co.(4017.SA) | 40.95 | -1.21% |
- Reporting by Zaid, Sahm News team
