Tadawul: 105 companies, 7 REITs trade above 3-month average

08/10/2025 Argaam Special
Tadawul trading screen

Tadawul trading screen


As many as 105 Tadawul-listed companies and seven REITs traded above their three-month average today, Oct. 8, according to data compiled by Argaam.
 
Rabigh Refining and Petrochemical Co. (Petro Rabigh) topped the list, trading above the three-month average, with a deal of 375.97 million shares worth SAR 2.63 billion, accounting for 22.49% of its 1.67 billion shares, followed by Naqi Water Co. at 532%.
 
In August 2024, Saudi Arabian Oil Co. (Saudi Aramco) signed a binding agreement to acquire an additional 22.5% stake in Petro Rabigh from Sumitomo Chemical Co. for $702 million (SAR 2.63 billion) at SAR 7 per share, raising Aramco’s ownership to about 60% and reducing Sumitomo’s stake to 15%.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.