THE WRAP · WED, NOV 4
10,038.89 ▲ 1.65%
Tadawul All Share Index (TASI)
Back above 10,000, after its lowest closes since 2021. Still down 4.3% this year.
Nearly every sector rose. Transport, capital goods, media and real estate led; energy and banks lagged.
Gold above $4,000 lifted miners: Maaden rose about 8% early on, Amak 7.5%.
About 4.5 billion Riyal ($1.2 billion) changed hands.
▲ WHY THEY GAINED
Malath Insurance +10.00% · SR9.02
A rebound. The insurer fell 6.8% on Tuesday, and there was no new company news.
National Gas & Industrialization (GASCO) +9.98% · SR60.60
Hit the 10% daily limit. The gas distributor made no disclosure to explain the jump.
Alamar Foods +9.96% · SR42.16
The Domino's Pizza operator declared a 6% cash dividend for the third quarter.
▼ WHY THEY LOST
Yanbu Cement −3.87% · SR12.90
Touched a 52-week low of 12.80 Riyal. Cement missed the rally: most listed makers sit within about 3% of their yearly lows.
BinDawood Holding −2.33% · SR4.62
The supermarket chain fell against a rising market, with no company news.
Bonyan REIT −2.15% · SR7.72
The real estate fund slipped with no company news.
ALSO ON THE MOVE
Retal rose more than 6% early on, while Riyadh Development hit a 52-week low, about 51% below a year ago.
Armah Sports won a 55 million Riyal bid for a 5,280 square meter plot in Riyadh's Al Sahafa district on the Infath auction platform.
Saudi Airlines Catering approved a third-quarter dividend of two Riyal a share after a 17% rise in nine-month profit.
Dallah Healthcare's nine-month profit rose 47%.
Alinma Bank raised its 2026 cost-of-risk guidance for a second quarter and cut its return-on-equity target.
Brent traded near $104 a barrel, close to a four-week low, as talks involving Iran eased supply worries.
Data: Saudi Exchange.
For more on why developers' profits split this quarter, read Land Sales, Not Homes, Split Profits at Saudi Developers.
