Market Movements Now | Aramco (2222) Plans Monthly Jafurah Cargoes; AMAK (1322) to 52-Week High After Maaden (1211) Deal; CGS (4147) Announces Major Deals on First-Day Trading

NCLE -1.87%
YC +3.31%
ALRAJHI -0.56%
CGS -2.68%
AMAK +1.61%

NCLE

4291.SA

152.10

-1.87%

YC

3020.SA

25.00

+3.31%

ALRAJHI

1120.SA

97.75

-0.56%

CGS

4147.SA

9.81

-2.68%

AMAK

1322.SA

85.45

+1.61%

TASI Mid-Market Update — December 9, 2025

Saudi Arabia’s benchmark index Tadawul All Shares Index(TASI.SA) edged 0.3% higher in early Tuesday trade, supported by a 1.4% gain in Al Rajhi Bank(1120.SA). Gulf markets were largely muted, pressured by weaker oil prices and caution over the Federal Reserve’s policy outlook ahead of a widely expected U.S. interest rate cut this week.

Recent U.S. data showed that the Personal Consumption Expenditures (PCE) Price Index met expectations, while consumer sentiment improved in December. In November, private payrolls recorded their steepest decline in over two-and-a-half years, although weekly jobless claims fell to their lowest level in three years. Markets now price in an 89% probability of a quarter-point rate cut at the Fed’s December 9–10 meeting, according to CME’s FedWatch Tool.

Oil prices, a key driver for Gulf markets, continued to ease after a 2% drop on Monday, amid ongoing monitoring of Russia-Ukraine peace talks, supply concerns, and the U.S. interest rate decision.

In corporate news, Consolidated Grunenfelder Saady Holding Co.(4147.SA) made its market debut, rising nearly 8% to an intraday high of 10.79 riyals per share, however, the gains have been pared.


Notable News

Aramco Nabors Grants CGS Major Deal

Consolidated Grunenfelder Saady Holding Co.(4147.SA) received a SAR 166,027,340 contract from Saudi Aramco Nabors Drilling for a customized solutions project awarded on Dec. 1, with no related parties. In a separate award on Dec. 3, CGS also secured a SAR 29,500,000 refrigeration project for Almarai, with financial impact beginning Q1 2026.

AMAK to 52-Week High after Maaden Deal

Almasane Alkobra Mining Co(1322.SA) and Saudi Arabian Mining Co.(1211.SA) signed an agreement on Dec. 8 to exchange several exploration licenses, aiming to improve operational efficiency and align development plans. The deal supports resource optimization, advances Vision 2030 mining goals, and carries limited financial impact confined to exploration spending.

Khafji Awards Cherry SAR 81,500,000 Contract

Cherry Trading Co.(4265.SA) received a contract notification from Khafji Joint Operations for a 48-month leasing agreement covering 350 vehicles, valued at 81,500,000 Million SAR excluding VAT. The award was issued on Dec. 7, with no related parties involved.

Aramco Plans Monthly Jafurah Cargoes

Saudi Arabian Oil Co.(2222.SA) plans to begin exporting Jafurah condensate in February, Reuters reported. Sources said the company could ship 4–6 cargoes of 500,000 barrels each monthly and may provide samples by end-December. The grade, at 49.7 API and 0.17% sulphur, yields about 40% naphtha and could compete with heavier condensates and ultra-light crudes.


Key Dividend Events

SymbolAnnouncement DateEligibility DateDistribution DateDividend Amount
Yanbu Cement Co.(3060.SA) 2025-12-072025-12-092025-12-30SAR 0.75

Related reads: When will users receive dividends?


New 52-Week High before 13:40 pm

CompanyPrice (SAR)
Electrical Industries Co.(1303.SA) 12.24
Almasane Alkobra Mining Co(1322.SA) 84.00

Significant Volume Surge before 13:40 pm

SymbolVolume Change%3M Average VolumeToday's Volume So Far
Nama Chemicals Co.(2210.SA) 252.19%43,234152,267
TALEEM REIT FUND(4333.SA) 91.33%31,76860,781
Saudi Industrial Development Co.(2130.SA) 85.65%424,182787,483
Yanbu Cement Co.(3060.SA) 78.08%378,593674,181
Umm Al-Qura Cement Co.(3005.SA) 71.03%76,235130,386
Kingdom Holding Co.(4280.SA) 65.49%333,012551,099
Naqi Water Co.(2282.SA) 46.07%45,03165,777
Abdullah Al Othaim Markets Co.(4001.SA) 43.48%1,379,4691,979,319
Almasane Alkobra Mining Co(1322.SA) 43.42%371,252532,437
Saudi Aramco Base Oil Co.(2223.SA) 42.24%327,164465,367
Saudi Research and Media Group(4210.SA) 35.56%67,81891,933
National Company for Learning and Education(4291.SA) 31.31%26,46434,751

Top Gainers before 13:40 pm

CompanyPriceChange
National Company for Learning and Education(4291.SA) 151.805.86%
Yamama Cement Co.(3020.SA) 24.184.31%
Saudi Reinsurance Co.(8200.SA) 28.084.08%
Savola Group(2050.SA) 24.953.23%
National Shipping Company of Saudi Arabia(4030.SA) 30.603.1%

Top Losers before 13:40 pm

CompanyPriceChange
Mouwasat Medical Services Co.(4002.SA) 68.95-2.2%
Abdullah Al Othaim Markets Co.(4001.SA) 6.35-2.01%
Naqi Water Co.(2282.SA) 56.80-1.98%
CHUBB Arabia Cooperative Insurance Co.(8240.SA) 23.94-1.89%
Qassim Cement Co.(3040.SA) 41.60-1.79%
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