Market Movements Now | 3 Saudi Stocks Hit 52-Week Highs as TASI Faces Critical Level; Tamkeen (1835) Jumps 18% for Second Day
RIYADH CABLES 4142.SA | 135.60 | -1.74% |
TAMKEEN 1835.SA | 65.20 | +1.40% |
PURITY 9614.SA | 21.98 | -1.70% |
SHARQIYAH DEV 6060.SA | 19.16 | +0.21% |
SIPCHEM 2310.SA | 24.14 | +0.08% |
The Tadawul All Shares Index(TASI.SA) extended its downward trend yesterday, declining by 1.2% to close below the critical support level of 11,640. Although the index has shown a modest rebound today, it remains constrained by resistance at the 11,640 level, signaling continued pressure in the current market environment.
Significant Volume Surge after 10:30 am
| Symbol | Price | Volume Change (%) | 3M Average Volume | Today's Volume |
|---|---|---|---|---|
| - | - | - | - | - |
New 52-Week High as of 11:00 am
| Company | Price (SAR) |
|---|---|
| Riyadh Cables Group Co.(4142.SA) | 131.40 |
| Tamkeen Human Resource Co.(1835.SA) | 83.50 |
| Purity for Information Technology Co.(9614.SA) | 12.50 |
Trending Ideas of the Day - TASI stocks:
1. Tamkeen Human Resource Co.(1835.SA), Heat Score: 58.42K
2. Ash-Sharqiyah Development Co.(6060.SA), Heat Score: 13.08K
3. Sahara International Petrochemical Co.(2310.SA), Heat Score: 10.38K
Introduction: This hot symbol list (you can find full list within Sahm App) reflects the recent surge in stocks' popularity based on the popularity algorithm of Sahm App.
The heat score primarily user action data such as user searches, and stock detail page views within the App, combined with the news sentiment related to the underlying stocks, representing a short-term trend in emotion and attention.
Data update: The hot symbols are updated every hour, reflecting the surge in popularity in the previous 24 hours.
Sector Performance as of 11:30 am
- Food & Beverages: +1.10%
- Consumer Services: +1.06%
- Software & Services: +0.64%
Top Gainers as of 11:30 am
The top-performing stocks at this point include:
- Tamkeen Human Resource Co.(1835.SA) (SAR 76.70): +18.00%
- Zamil Industrial Investment Co.(2240.SA) (SAR 28.30): +4.81%
- Al Majed Oud Co.(4165.SA) (SAR 160.00): +3.09%
- Naseej International Trading Co.(1213.SA) (SAR 91.30): +2.47%
- National Company for Learning and Education(4291.SA) (SAR 229.00): +2.23%
- Reporting by Zaid, Sahm News team
