Market Movements Now | Second Straight 10% Limit Up Drives Petro Rabigh (2380) to 52-Week High; Saudi Re (8200) Rises More than 2% On Profit Outlook; Solutions (7202) Q1 Net Profit Rises 2.5%
PETRO RABIGH 2380.SA | 0.00 | |
SAUDI KAYAN 2350.SA | 0.00 | |
TADAWUL GROUP 1111.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
SNB 1180.SA | 0.00 |
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TASI Mid-Market Update — April 27, 2026
The Saudi Arabian benchmark index Tadawul All Shares Index(TASI.SA) trades higher in early trading on Monday, by 0.4%.
Saudi Tadawul Group Holding Co.(1111.SA) experienced a significant downturn, with its share price once falling 7% following the publication of quarterly financial results that indicated a contraction in profit. This performance aligns with a broader trend of mixed results across Gulf equity markets, as regional investors navigate geopolitical uncertainties and fluctuating diplomatic outlooks.
In the large-cap sector, Al Rajhi Bank(1120.SA) and The Saudi National Bank(1180.SA) are both trading higher, moving 0.22% and 0.15% respectively. Saudi Arabian Mining Co.(1211.SA) is retreating by 1.47%. ACWA POWER Co.(2082.SA) is advancing 0.90%. Saudi Basic Industries Corp.(2010.SA) is rallying, 3.60%. Saudi Arabian Oil Co.(2222.SA) is posting a gain of 0.52%.
Notable News
Solutions Q1 Net Profit Rises 2.5%
Arabian Internet and Communications Services Co.(7202.SA) reported a 2.49% rise in Q1 2026 net profit to SAR 370 million. Revenues surged 6.3% to SAR 3,002 million behind strong Core ICT demand, while a SAR 58.6 million reduction in operating expenses successfully offset rising input costs. The results demonstrate resilient operational margins as total shareholders' equity grew 5.9% to reach SAR 4,622 million.
SIECO Accumulated Losses Reach 48% Capital
Saudi Industrial Export Co.(4140.SA) reported a 27.38% increase in annual net losses to SAR 24.93 million as revenues plunged 100%. The results stem from the cessation of core operations and significant impairment provisions on defaulted sukuk. With accumulated losses reaching 48.8% of capital, auditors flagged material uncertainty regarding the company’s ability to continue as a going concern.
Saudi Re Rises More than 2% On Profit Outlook
Saudi Reinsurance Co.(8200.SA) finalized its surplus distribution policy, resulting in the reversal of an accumulated SAR 53,455,186 balance from December 2025. This strategic accounting move follows the completion of operational procedures and will directly increase the firm’s second-quarter 2026 profitability. Shares rose 2.5% as the market priced in the immediate financial gain.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Riyad REIT Fund(4330.SA) | 2026-04-01 | 2026-04-08 | 2026-04-27 | 0.16 |
| Ades Holding Co.(2382.SA) | 2026-03-30 | 2026-04-14 | 2026-04-27 | 0.24 |
| The Saudi National Bank(1180.SA) | 2026-01-28 | 2026-04-15 | 2026-04-27 | 1.15 |
Related reads: When will users receive dividends?
New 52-Week High before 12:42 pm
| Symbol | 52W High Price |
|---|---|
| Rabigh Refining and Petrochemical Co.(2380.SA) | 13.91 |
| Yanbu National Petrochemical Co.(2290.SA) | 37.88 |
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Significant Volume Surge before 12:42 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| National Gypsum Co.(2090.SA) | +490.61% | 106,195 | 627,199 |
| Saudi Tadawul Group Holding Co.(1111.SA) | +144.46% | 344,835 | 842,971 |
| Saudi Kayan Petrochemical Co.(2350.SA) | +141.75% | 9,939,718 | 24,029,217 |
| Alwasail Industrial Co.(4148.SA) | +132.83% | 1,329,495 | 3,095,459 |
| First Milling Co.(2283.SA) | +99.49% | 54,534 | 108,790 |
| Alujain Corp.(2170.SA) | +94.36% | 737,673 | 1,433,745 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | +85.11% | 5,896,885 | 10,915,922 |
| Yanbu National Petrochemical Co.(2290.SA) | +84.18% | 1,315,918 | 2,423,649 |
| Arabian Cement Co.(3010.SA) | +72.59% | 197,553 | 340,952 |
| Sport Clubs Co.(6018.SA) | +52.63% | 2,713,528 | 4,141,791 |
| Abdullah Al Othaim Markets Co.(4001.SA) | +41.87% | 1,350,078 | 1,915,351 |
| City Cement Co.(3003.SA) | +37.36% | 520,308 | 714,671 |
| Gulf Union Alahlia Cooperative Insurance Co.(8120.SA) | +36.12% | 137,890 | 187,699 |
Top Gainers before 12:42 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Rabigh Refining and Petrochemical Co.(2380.SA) | 13.91 | +9.96% |
| Saudi Kayan Petrochemical Co.(2350.SA) | 5.73 | +7.71% |
| AFG International Co.(4240.SA) | 17.23 | +7.55% |
| National Gypsum Co.(2090.SA) | 15.02 | +6.83% |
| Yanbu National Petrochemical Co.(2290.SA) | 37.00 | +4.82% |
Top Losers before 12:42 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Saudi Tadawul Group Holding Co.(1111.SA) | 135.50 | -4.04% |
| Saudia Dairy and Foodstuff Co.(2270.SA) | 204.90 | -3.26% |
| Etihad Etisalat Co.(7020.SA) | 64.80 | -2.7% |
| The Company for Cooperative Insurance(8010.SA) | 129.70 | -2.26% |
| Arabian Drilling Co.(2381.SA) | 88.00 | -2.17% |