Market Movements Now | Saudi Aramco Base Oil (2223) to 52W High; Advanced (2330) Q1 Profit Plunges 58%; MIS (7200) Secures 114M SAR Ministry Order
SIECO 4140.SA | 2.37 | 0.00% |
CHEMANOL 2001.SA | 8.90 | -0.89% |
FLYNAS 4264.SA | 52.35 | +0.67% |
ALRAJHI 1120.SA | 109.20 | -0.09% |
SNB 1180.SA | 42.46 | -3.15% |
TASI Mid-Market Update — April 12, 2026
The Saudi Arabian benchmark index, Tadawul All Shares Index(TASI.SA), traded lower during the early session on Sunday, declining 0.1%. This performance follows the conclusion of high-level diplomatic negotiations between the United States and Iran, which ended without a formal agreement. The lack of a diplomatic breakthrough has weighed on investor sentiment across Gulf markets, renewing concerns regarding the long-term stability of the regional ceasefire.
Within the index, budget airline Flynas Co.(4264.SA) recorded a decline of 1.8%. Despite the broader geopolitical uncertainty, market analysis indicates that Saudi Arabia has maintained a level of resilience due to its strategic ability to reroute oil exports. Consequently, estimated oil revenues for March showed a year-on-year increase, contrasting with other regional producers impacted by logistics disruptions.
While the stalled negotiations have introduced volatility, the energy sector noted signs of normalization as the first fully laden supertankers since the ceasefire transited the Strait of Hormuz on Saturday. The market continues to monitor the situation closely, balancing the impact of geopolitical developments against stabilized energy export revenues and recovering shipping lanes.
In the large-cap sector, Al Rajhi Bank(1120.SA) is edging higher by 0.4%. The Saudi National Bank(1180.SA) is higher by 0.3%. Saudi Arabian Mining Co.(1211.SA) is easing by 0.21%. ACWA POWER Co.(2082.SA) is retreating by 1.30%. Saudi Basic Industries Corp.(2010.SA) is retreating by 1%. Saudi Arabian Oil Co.(2222.SA) is edging lower by 0.07%.
Notable News
MIS Secures 114M SAR Ministry Order
Al Moammar Information Systems Co.(7200.SA) received a SAR 114.5 million purchase order from the Ministry of Education for IT products and services. The one-year contract, established under a previous efficiency framework, will impact financial results starting Q2 2026 and continue until Q2 2027. This award reinforces the firm’s long-term role in delivering national education technology solutions.
Advanced Petrochemical Q1 Profit Plunges 58%
Advanced Petrochemical Co.(2330.SA) reported a 58.3% year-on-year net profit decline to SAR 30 million, even as revenue soared 75.7% to SAR 1.08 billion. While sales volumes grew 94% following the Advanced Polyolefins startup, new depreciation and financing charges weighed on margins. Sequentially, profits rose from SAR 1 million due to reduced administrative expenses and a disposal gain from a share swap.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Al Moammar Information Systems Co.(7200.SA) | 2026-03-31 | 2026-04-02 | 2026-04-12 | 0.80 |
| Al Hammadi Holding(4007.SA) | 2026-03-15 | 2026-03-29 | 2026-04-12 | 0.20 |
Related reads: When will users receive dividends?
New 52-Week High before 12:09 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Aramco Base Oil Co.(2223.SA) | 115.10 |
Significant Volume Surge before 12:09 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Alwasail Industrial Co.(4148.SA) | +558.57% | 725,388 | 4,777,174 |
| Methanol Chemicals Co.(2001.SA) | +324.92% | 604,026 | 2,566,614 |
| Al-Omran Industrial Trading Co.(4141.SA) | +223.22% | 51,647 | 166,932 |
| Gulf General Cooperative Insurance Co.(8260.SA) | +148.73% | 256,198 | 637,239 |
| Saudi Industrial Development Co.(2130.SA) | +130.64% | 371,296 | 856,355 |
| Raoom Trading Co.(4144.SA) | +126.84% | 63,767 | 144,650 |
| Saudi Aramco Base Oil Co.(2223.SA) | +69.81% | 267,520 | 454,284 |
| Batic Investments and Logistics Co.(4110.SA) | +57.81% | 8,111,483 | 12,801,028 |
| Gulf Union Alahlia Cooperative Insurance Co.(8120.SA) | +57.8% | 110,941 | 175,068 |
| BinDawood Holding Co.(4161.SA) | +53.4% | 992,465 | 1,522,439 |
| Saudi Industrial Export Co.(4140.SA) | +52.58% | 7,608,801 | 11,609,284 |
| Saudi Industrial Investment Group(2250.SA) | +48.59% | 1,101,097 | 1,636,159 |
| Arabian Cement Co.(3010.SA) | +28.08% | 142,944 | 183,084 |
| Al Yamamah Steel Industries Co.(1304.SA) | +25.77% | 323,988 | 407,482 |
| Alujain Corp.(2170.SA) | +21.86% | 645,504 | 786,620 |
Top Gainers before 12:09 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Saudi Industrial Export Co.(4140.SA) | 2.49 | +7.79% |
| Methanol Chemicals Co.(2001.SA) | 9.10 | +6.43% |
| Alwasail Industrial Co.(4148.SA) | 2.97 | +5.32% |
| Saudi Industrial Investment Group(2250.SA) | 14.20 | +5.03% |
| Gulf General Cooperative Insurance Co.(8260.SA) | 4.08 | +4.35% |
Top Losers before 12:09 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Al Majed Oud Co.(4165.SA) | 157.50 | -2.78% |
| Gulf Union Alahlia Cooperative Insurance Co.(8120.SA) | 11.40 | -2.23% |
| Kingdom Holding Co.(4280.SA) | 9.80 | -1.71% |
| Saleh Abdulaziz Al Rashed and Sons Co.(1324.SA) | 60.95 | -1.69% |
| Flynas Co.(4264.SA) | 51.10 | -1.64% |