SASE:4014

3 stories mentioning SASE:4014Updated 29d ago

Every FINWIRES story that references SASE:4014, newest first.

What's the latest news on SASE:4014?

Saudi Shares Close Wednesday Higher on Iran-Oman Talks Optimism

Saudi Exchange-traded shares closed Wednesday's trading session higher as optimism regarding the Iran-Oman talks over the Strait of Hormuz pushed the Tadawul All Share Index 0.25% in the green.Iran and Oman held discussions about forming a joint temporary navigational corridor on the Strait of Hormuz, which aims to restore navigation on the shipping waterway, Reuters reported."Meanwhile, Iran and Oman appear closer to an agreement on shipping routes through the Strait of Hormuz. However, any agreement between these two parties does not mean we will see normalisation in oil flows through the key chokepoint. We would likely need to see the US lift its blockade on Iranian ports and ease sanctions on Iran before we see any move towards normalisation," ING said in a note.In other news, market watchers are also expected to pay close attention to multiple US Fed speeches at the three-day Jackson Hole Economic Policy symposium, which will run from Thursday to Saturday.Back at home, Al Ashghal Al Moysra (SASE:9608) and Naba Alsaha Medical Services (SASE:9546) posted higher attributable net profit and revenue for the first half of 2026.Al Ashghal and Naba Alsaha closed 12.34% and 4.73% higher, respectively.Meanwhile, Scientific and Medical Equipment House (SASE:4014) shares edged down 0.07% as it entered into a deal to deliver clinical medical support services and equipment upkeep services for King Khalid University.

^TASISASE:4014SASE:9546SASE:9608

Asia Markets38d ago

Tadawul Shares Close Monday Lower Amid US-Israel Meeting Jitters

The Tadawul All Share Index closed lower on Monday at 0.11% in the red as market watchers kept their attention on updates regarding the US-Israel meeting slated for the day.Reuters reported that US envoy Jared Kushner is set to meet Israeli Prime Minister Benjamin Netanyahu to discuss US President Donald Trump's Gaza peace plan. The meeting follows Israeli attacks on the Gaza Strip, which caused casualties and injuries.In other news, investors continue to monitor the activity in the Strait of Hormuz. Shipping on the route has visibly slowed down as the conflict in the Middle East continues."Prices remained supported by renewed fighting in Lebanon and attacks on vessels in the Strait of Hormuz, raising concerns over regional supply disruptions and complicating prospects for a US-Iran deal. Several vessels, including ships linked to Abu Dhabi National Oil Co., were reportedly targeted in the waterway late last week," ING said in a note.Back at home, Naf Co. for Feed for Industry (SASE:9644) shares surged 20.55% as its board recommended increasing its capital to 30 million Saudi riyals through bonus share issues. The capital boost is set to boost the animal feed producer's financial position.Meanwhile, Scientific and Medical Equipment House (SASE:4014) entered into a deal to deliver catering services to the General Administration of Medical Services of the Armed Forces' hospitals. Shares of the medical device company closed 0.58% in the green.

^TASISASE:4014SASE:9644

Asia Markets46d ago

Tadawul Shares Start Week Subdued; Saudi's Business Sentiment Remains Optimistic in July

The Tadawul All Share Index started the week muted at 0.05% in the green on Sunday as investors assessed Saudi Arabia's latest economic data and earnings updates.According to a report by the kingdom's General Authority for Statistics, the business confidence index in July came in at 56.5 points, slightly easing from 56.6 in the prior month. Data showed that the separate industry, construction, and services confidence indices all decreased during the period."The index reflects prevailing optimism in the business sector, supported by establishments' confidence in the stability of economic activity and continued growth across various sectors," the report said. "During July 2026, the BCI for the industry sector recorded an optimistic level of 54.7 points, despite a decline of 0.2 points compared to June 2026, when it reached 55.0 points. This decrease is attributed to a decline in confidence levels among industrial establishments, particularly in current input costs and their expectations regarding them for the coming month."Speaking of economic releases, the week will also see the release of Saudi Arabia's June industrial production data on Monday and its July inflation print on Thursday.Back at home, Obeikan Glass (SASE:4145), Shalfa Facilities Management (SASE:9613), and Saudi Manpower Solutions (SASE:1834), d/b/a Smasco, reported higher net profit and revenue for the first half of 2026. Miahona Co. (SASE:2084), on the other hand, logged a 90.74% decline in attributable net profit and a 35.36% decrease in revenue for the six months ended June 30.Obeikan and Shalfa closed 0.29% and 3.39% in the green, while Smasco and Miahona were 0.78% and 2.62% in the red.Meanwhile, Scientific and Medical Equipment House (SASE:4014) shares ticked up 0.29% as it secured a contract to provide medical operations and medical equipment maintenance services for the Security Aviation Leadership.

^TASISASE:1834SASE:2084SASE:4014SASE:4145SASE:9613

Track with the FINWIRES app suite

FolioX

Track SASE:4014 in your portfolio

WheelAI

Analyze SASE:4014 options with the wheel strategy

StockInsider

See market sentiment on SASE:4014