Market Movements Now | SVCP (2360) Surges 7.2% as Lands SAR 5.58M Order; Saudi Aramco Base Oil (2223) Hits 52W High on 7-Day Winning Streak; Alwasail (4148) Signs SAR 12.82M Pipe Deal
ENTAJ 2287.SA | 0.00 | |
SVCP 2360.SA | 0.00 | |
ALRAJHI 1120.SA | 0.00 | |
SAUDI ARAMCO 2222.SA | 0.00 | |
SNB 1180.SA | 0.00 |
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TASI Mid-Market Update — July 14, 2026
Saudi Arabia’s benchmark index, the Tadawul All Shares Index(TASI.SA), lost 0.48% during early Tuesday trading, pressured by a 1% drop in heavy-weight financial stock Al Rajhi Bank(1120.SA). The decline comes amid wider selling pressure in Gulf equity markets following escalating geopolitical tensions in the region, including the reinstatement of a U.S. naval blockade against Iran and military exchanges surrounding the Strait of Hormuz.
Concurrently, regional security developments intensified as Yemen's Houthi movement directed missile strikes at the Kingdom, following reports of an administrative airstrike at a Houthi-controlled airport, as Reuters reported.
Bucking the downward index trend, energy sector bellwether Saudi Arabian Oil Co.(2222.SA) gained 0.7%. The stock's appreciation aligned with a broader surge in global energy markets, where Brent crude futures advanced by 2.3% (up $1.90) to trade at $85.20 per barrel, driven by heightening concerns over maritime shipping traffic disruptions in the Strait of Hormuz.
In the large-cap sector, The Saudi National Bank(1180.SA) is retreating by 0.9%. Saudi Arabian Mining Co.(1211.SA) is seeing a slight dip of 0.3%. ACWA POWER Co.(2082.SA) is retreating by 1.01%. Saudi Basic Industries Corp.(2010.SA) is retreating by 0.9%.
Notable News
Saudi Vitrified Clay Pipes Surges 7.21% as Lands SAR 5.58M Order
Saudi Vitrified Clay Pipes Co.(2360.SA) received a purchase order valued at SAR 5.58 million from Al-Imtyaz Al-Wataniya Contracting Co. to supply materials for the Arar sewerage network project. The contract duration is two years. Financial impact from the supply order will begin reflecting in the company's earnings starting in Q3 2026. Following the announcement, the company's stock rose 7.21%.
Alwasail Industrial Signs SAR 12.82M Pipe Deal
Alwasail Industrial Co.(4148.SA) signed a contract valued at SAR 12.82 million with Nesma & Partners Contracting Co. to supply high-density polyethylene pipes. The materials will support infrastructure phases at King Abdullah Economic City. The 2-to-10 week project will impact financial results starting in Q3 2026.
Saudi Real Estate Company Unlocks SAR 98.4M Land
Saudi Real Estate Co.(4020.SA) announced the lifting of a restriction on a 30,000-square-meter land plot in north Riyadh. The land has a book value of SAR 98.4 million and was previously unavailable for development as noted in a Q1 2026 auditor's report. The company is currently assessing optimal uses, with no immediate financial impact.
Key Dividend Events
No Dividend Events available at the time of this reporting.
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New 52-Week High before 12:04 pm
| Symbol | 52W High Price |
|---|---|
| Saudi Aramco Base Oil Co.(2223.SA) | 138.60 |
| LIVA Insurance Co.(8280.SA) | 16.36 |
| Maharah Human Resources Co.(1831.SA) | 5.49 |
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Significant Volume Surge before 12:04 pm
Top Gainers before 12:04 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Arabian Company for Agricultural and Industrial Investment(2287.SA) | 28.96 | +9.95% |
| Saudi Vitrified Clay Pipes Co.(2360.SA) | 18.37 | +7.68% |
| Tanmiah Food Co.(2281.SA) | 64.15 | +4.91% |
| Saudi Printing and Packaging Co.(4270.SA) | 7.54 | +4.72% |
| LIVA Insurance Co.(8280.SA) | 15.83 | +4.49% |
Top Losers before 12:04 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| MBC Group Co.(4072.SA) | 21.38 | -3.08% |
| Saudi Automotive Services Co.(4050.SA) | 42.68 | -2.65% |
| Retal Urban Development Co.(4322.SA) | 11.16 | -2.36% |
| Sustained Infrastructure Holding Co.(2190.SA) | 35.98 | -2.23% |
| Lumi Rental Co.(4262.SA) | 31.12 | -2.2% |