Market Movements Now | Umm Al-Qura Cement (3005) Shares Hit 10% Limit as Profit Soars 126% YoY; 2 Saudi Stocks Hit 52W Highs; Halwani Bros (6001)'s Trading Volume Surges 618.18%
UACC 3005.SA | 0.00 | |
OASIS 3007.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 — April 28, 2026
The Saudi Arabian benchmark index, Tadawul All Shares Index(TASI.SA), traded higher during Tuesday’s session, recording a gain of 0.1%. Market performance was primarily driven by a positive response to corporate earnings announcements, even as investors monitored ongoing geopolitical developments in the region.
Financial and energy heavyweights provided significant support to the index. Al Rajhi Bank(1120.SA) saw its shares rise by 0.3%, while Saudi Arabian Oil Co.(2222.SA) advanced 0.8%. The upward movement in the energy sector aligned with a 2.1% increase in Brent crude futures, which reached $110.55 per barrel.
Despite the intraday gains, the market remains influenced by broader macroeconomic and geopolitical factors. While corporate results offered a localized boost, the overall sentiment is tempered by concerns over regional stability and its potential impact on GCC economies, with several expected to face contraction this year due to the spillover effects of the ongoing conflict.
In the large-cap sector, The Saudi National Bank(1180.SA) is advancing 0.9%. Saudi Arabian Mining Co.(1211.SA) edged higher by 0.2%. ACWA POWER Co.(2082.SA) is seeing a dip of 0.47%. Saudi Basic Industries Corp.(2010.SA) is easing by 0.4%.
Notable News
Umm Al-Qura Cement Shares Hit 10% Limit as Profit Soars 126% YoY
Umm Al-Qura Cement Co.(3005.SA) reported a 125.9% surge in Q1 2026 net profit to SAR 24.65 million, as revenues reached SAR 88.34 million. Growth was driven by higher sales volumes and improved average selling prices combined with lower financing costs. However, the board recommended skipping 2025 dividends to bolster capital, while shares hit the 10% daily limit.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 88,343 | 60,456 | 46.127 | 82,941 | 6.513 |
| Gross Profit (Loss) | 32,065 | 18,934 | 69.351 | 19,694 | 62.816 |
| Operational Profit (Loss) | 28,268 | 14,861 | 90.216 | 15,175 | 86.28 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 24,648 | 10,910 | 125.921 | 13,160 | 87.294 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 24,644 | 10,880 | 126.507 | 12,923 | 90.698 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 883,680 | 824,474 | 7.181 |
| Profit (Loss) per Share | 0.45 | 0.2 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Saudi Chemical Completes TNT Trial Phase
Saudi Chemical Co.(2230.SA) successfully completed the trial phase for its TNT production line at the Military Industries Complex. The first batch met international military specifications after technical testing. The project remains within its approved budget as lines transition to commercial production, with future financial impacts pending disclosure.
Oasis Profits Gain From Zakat Refund
Zahrat Al Waha for Trading Co.(3007.SA) reported a net profit of SAR 8.69 million for Q1 2026, reversing a SAR 8.28 million loss. Revenue rose 2.3% to SAR 128.83 million while lower production costs and a SAR 3.36 million Zakat refund bolstered margins. Management continues to reduce long-term debt levels despite ongoing regional geopolitical instability.
Key Dividend Events
| Symbol | Announcement Date | Eligibility Date | Distribution Date | Dividend Amount |
|---|---|---|---|---|
| Mulkia Gulf Real Estate REIT(4336.SA) | 2026-04-22 | 2026-04-28 | - | 0.08 |
Related reads: When will users receive dividends?
New 52-Week High before 12:35 pm
| Symbol | 52W High Price |
|---|---|
| Rabigh Refining and Petrochemical Co.(2380.SA) | 14.84 |
| National Shipping Company of Saudi Arabia(4030.SA) | 35.34 |
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Significant Volume Surge before 12:35 pm
| Symbol | Volume Change % | 3M Average Volume | Today's Volume So Far |
|---|---|---|---|
| Halwani Bros. Co.(6001.SA) | +618.18% | 27,534 | 197,745 |
| Leejam Sports Co.(1830.SA) | +513.22% | 123,632 | 758,139 |
| Zahrat Al Waha for Trading Co.(3007.SA) | +483.27% | 1,481,378 | 8,640,397 |
| Umm Al-Qura Cement Co.(3005.SA) | +392.03% | 77,384 | 380,753 |
| United Carton Industries Co.(1323.SA) | +334.64% | 186,823 | 812,014 |
| Northern Region Cement Co.(3004.SA) | +289.32% | 176,938 | 688,847 |
| Najran Cement Co.(3002.SA) | +220.32% | 355,638 | 1,139,179 |
| City Cement Co.(3003.SA) | +213.33% | 552,295 | 1,730,485 |
| Tabuk Cement Co.(3090.SA) | +193.27% | 155,866 | 457,104 |
| Mulkia Gulf Real Estate REIT(4336.SA) | +126.71% | 89,847 | 203,689 |
| Yanbu Cement Co.(3060.SA) | +99.71% | 329,968 | 658,965 |
| Riyadh Cement Co.(3092.SA) | +91.9% | 157,707 | 302,642 |
| Rabigh Refining and Petrochemical Co.(2380.SA) | +87.04% | 6,045,161 | 11,306,955 |
| Riyad REIT Fund(4330.SA) | +74.65% | 96,637 | 168,773 |
| National Gypsum Co.(2090.SA) | +73.78% | 119,591 | 207,829 |
| Saudi Kayan Petrochemical Co.(2350.SA) | +57.7% | 10,516,446 | 16,584,276 |
Top Gainers before 12:35 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Umm Al-Qura Cement Co.(3005.SA) | 13.09 | +10.0% |
| Zahrat Al Waha for Trading Co.(3007.SA) | 2.71 | +7.54% |
| United Carton Industries Co.(1323.SA) | 25.98 | +5.7% |
| Halwani Bros. Co.(6001.SA) | 33.48 | +4.82% |
| Rabigh Refining and Petrochemical Co.(2380.SA) | 14.45 | +3.88% |
Top Losers before 12:35 pm
| Symbol | Price (SAR) | Change % |
|---|---|---|
| Leejam Sports Co.(1830.SA) | 80.00 | -9.96% |
| Electrical Industries Co.(1303.SA) | 17.21 | -3.15% |
| Yanbu National Petrochemical Co.(2290.SA) | 36.88 | -2.95% |
| Almoosa Health Co.(4018.SA) | 135.10 | -2.67% |
| Raydan Food Co.(6012.SA) | 17.28 | -2.59% |