Market Movements Now | Saleh AlRashed (1324) to Post-IPO High, Again; Alramz (4327) Surges 5% as Investors To Receive SAR 1.75 Per Share Dividend; Maharah (1831) Full-Year Profit Surges By 55.6%
SALEH ALRASHED 1324.SA | 64.85 | -1.82% |
RAOOM 4144.SA | 73.50 | +1.24% |
MAADEN 1211.SA | 65.55 | +0.23% |
ACWA 2082.SA | 168.70 | -0.47% |
SAUDI ARAMCO 2222.SA | 27.52 | -0.29% |
TASI Mid-Market Update — March 29, 2026
The Saudi Arabian benchmark index Tadawul All Shares Index(TASI.SA) recorded a gain of 0.2% in early Sunday trading, diverging from the broader downward trend seen across major Gulf equity markets. This positive movement comes amid heightened geopolitical tensions in the region, which have impacted investor sentiment elsewhere in the Middle East.
The performance of the TASI coincides with a sharp increase in global energy prices. Brent crude futures rose by $4.56, or 4.2%, to settle at $112.57 per barrel on Friday, according to Reuters.
On the operational front, reports indicate that Saudi Arabia’s East-West pipeline is currently functioning at its full capacity of 7 million barrels per day. This infrastructure provides a strategic alternative for oil exports, bypassing the Strait of Hormuz.
In the large-cap space, Saudi Arabian Mining Co.(1211.SA), ACWA POWER Co.(2082.SA) and Saudi Arabian Oil Co.(2222.SA) outperformed with gains of 0.16%, 1.68% and 0.37%; The Saudi National Bank(1180.SA) and Saudi Basic Industries Corp.(2010.SA) decreased by 1.88% and 0.25% respectively; Al Rajhi Bank(1120.SA) remained nearly flat.
Notable News
Maharah Full-Year Profit Surges By 55.6%
Maharah Human Resources Co.(1831.SA) reported a significant 55.6% surge in annual net profit to SAR 272.77 million for 2025, buoyed by a SAR 105 million capital gain from the sale of its stake in Care Shield Holding. Revenue grew by 39.2% to reach SAR 3.11 billion, driven by robust demand across all operational segments. Earnings per share rose to SAR 0.58, with the company maintaining strong operating profit growth of 29.6% as it continues to expand its workforce solutions footprint.
Alramz Surges 5% as Investors To Receive SAR 1.75 Per Share Dividend
Alramz Real Estate Co.(4327.SA) announced a board recommendation to distribute SAR 75 million in cash dividends for the 2025 fiscal year. Shareholders are expected to receive approximately SAR 1.75 per share, reflecting the company's commitment to returning capital following an exceptional financial performance.
Alramz 2025 Net Profit Soars 77%
Alramz Real Estate Co.(4327.SA) delivered a stellar 2025 financial performance, with net profit leaping 77.3% to SAR 280.9 million. Annual revenue hit SAR 1.18 billion, a 24.8% increase, driven by strong residential demand and the successful execution of its Rafed, Sadeem, and Burj Alramz projects. Shareholders' equity skyrocketed by 150.8% to SAR 1.85 billion, while earnings per share jumped to SAR 9.22, cementing the company's position as a high-growth leader in the local real estate sector.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Al Hammadi Holding(4007.SA) | 2026-03-15 | 2026-03-29 | 2026-04-12 | 0.20 |
| Middle East Pharmaceutical Industries Co.(4016.SA) | 2026-03-08 | 2026-03-29 | 2026-04-07 | 1.32 |
| Electrical Industries Co.(1303.SA) | 2026-03-02 | 2026-03-15 | 2026-03-29 | 0.125 |
Related reads: When will users receive dividends?
New 52-Week High before 11:48 am
| Symbol | 52W High Price |
|---|---|
| Saleh Abdulaziz Al Rashed and Sons Co.(1324.SA) | 59.75 |
| SABIC Agri-Nutrients Co.(2020.SA) | 143.40 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 10.17 |
Significant Volume Surge before 11:48 am
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| National Gas and Industrialization Co.(2080.SA) | +137.6% | 91,479 | 217,350 |
| Alramz Real Estate Co.(4327.SA) | +127.57% | 88,256 | 200,848 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | +62.5% | 3,757,466 | 6,105,800 |
| Arabian Pipes Co.(2200.SA) | +60.6% | 4,020,623 | 6,457,286 |
| Maharah Human Resources Co.(1831.SA) | +46.74% | 3,108,006 | 4,560,536 |
| Saudi Arabia Refineries Co.(2030.SA) | +35.11% | 66,807 | 90,261 |
| Batic Investments and Logistics Co.(4110.SA) | +34.56% | 7,006,600 | 9,428,369 |
| Eastern Province Cement Co.(3080.SA) | +33.93% | 103,854 | 139,089 |
Top Gainers before 11:48 am
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Saleh Abdulaziz Al Rashed and Sons Co.(1324.SA) | 59.40 | +6.93% |
| Raoom Trading Co.(4144.SA) | 68.10 | +5.75% |
| Alramz Real Estate Co.(4327.SA) | 58.80 | +5.57% |
| Arabian Pipes Co.(2200.SA) | 5.69 | +4.79% |
| National Gas and Industrialization Co.(2080.SA) | 84.45 | +4.52% |
Top Losers before 11:48 am
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Alkhaleej Training and Education Co.(4290.SA) | 16.85 | -3.6% |
| Saudi Arabia Refineries Co.(2030.SA) | 48.46 | -2.92% |
| Eastern Province Cement Co.(3080.SA) | 23.72 | -2.55% |
| The Saudi National Bank(1180.SA) | 41.78 | -1.69% |
| Saudi Awwal Bank(1060.SA) | 35.60 | -1.6% |