The Tadawul All Share Index (TASI) closed the final session of June marginally higher, capping a month in which the benchmark retained its position as the second-best-performing GCC market year-to-date. TASI rose 0.07%, or 7.77 points, on Tuesday June 30 to close at 10,799.92, with turnover of SAR 5.5 billion ($1.47 billion) on 305.1 million shares traded, according to Saudi Exchange data. The MSCI Tadawul 30 Index closed at 1,436.43, up 0.01%, while the parallel market Nomu slipped 0.08% to 23,051.10. The Tuesday close followed a 1.06% decline on Monday June 29, when TASI shed 115.52 points to 10,792.15 on turnover of SAR 4.41 billion. Per Kamco Invest, TASI declined for a third consecutive month in June but retained a 2.9% year-to-date gain, ranking second in the GCC behind Dubai's DFM General Index. The Saudi Exchange published its 1st Half 2026 Statistical Report on July 1, covering Main Market and Nomu activity. Corporate flow through the week featured a SAR 3.8 billion healthcare PPP award, two CMA capital-market approvals, a petrochemical feedstock allocation, and multiple capital actions.
SMC Healthcare consortium wins SAR 3.8B behavioural hospital PPP
SMC Healthcare 4019 disclosed in a Tadawul filing that its 51%-owned subsidiary, Al-Mukhtas Al-Sehhi Medical Company, received the award letter for the SABIC Specialized Behavioral Healthcare Hospital in North Riyadh. The subsidiary is participating as part of the SEH Healthcare consortium. The concession covers operation and management of the facility for 15 years and is valued at SAR 3.8 billion, approximately $1 billion. The award follows a public-private partnership tender process for the hospital, which is located in North Riyadh. SMC Healthcare said the concession represents one of the largest healthcare PPP awards to a listed operator during the first half of 2026. Further financial and operational details will be published upon signing of the definitive contract, according to the company's filing.
CMA approves BaraSeen Medical Nomu listing, Naseej SAR 163.5M rights issue
The Capital Market Authority (CMA) issued two capital-market approvals during the week. On June 25, the CMA approved BaraSeen Medical Company's application for registration and offering of shares on the Nomu Parallel Market, with the prospectus to be published prior to the subscription period. On the same day, the CMA approved Naseej International Trading Company's 1213 request to increase capital by way of a rights issue valued at SAR 163,459,510. Naseej called an extraordinary general meeting for July 22 to vote on the capital increase. The offering price and share count will be determined by the company after market close on the day of the EGM, according to the CMA resolution. Naseej shares rose 10% following the announcement to close at SAR 29.48.
SIPCHEM secures feedstock allocation for 1.8M-ton Jubail methanol plant
Sahara International Petrochemical Company (SIPCHEM, 2310) received Ministry of Energy approval for a feedstock allocation to develop a new methanol plant in Jubail, the company said. The facility is designed for an annual production capacity of 1.8 million metric tons. SIPCHEM said the project targets a 45% expansion in the company's methanol capacity. The approval covers feedstock supply required to advance the plant through subsequent development phases. The disclosure did not specify a construction start date or an initial capital cost estimate; the company said further details will be provided as the project progresses. SIPCHEM's existing methanol operations are located in the Jubail Industrial City.
Capital actions: Maharah, Digital Research bonus shares; Multi Business Group deposit
Three listed companies advanced capital-action milestones during the week, with fluctuation limits reset and shares credited to investor accounts. Maharah Human Resources Company shareholders approved a capital increase via bonus shares at the June 29 EGM. Fluctuation limits were reset to a reference price of SAR 5.04, outstanding orders were cancelled, and the Securities Depository Center (Edaa) is scheduled to deposit the additional shares into investor portfolios by July 2. Maharah shares closed at SAR 5.05, up 0.2%. Digital Research Company's fluctuation limits were reset on June 29 to a reference price of SAR 25.66 following shareholder approval of a bonus-share capital increase. Edaa implemented a securities quantity increase for Multi Business Group Company on June 30, crediting additional shares to eligible holders. Multi Business Group shares closed at SAR 2.19, down 5.19%.
Regulatory actions: Alkhabeer fund delisted, Keir suspension lifted, Saaf Capital licensed
The Saudi Exchange officially delisted Alkhabeer Growth and Income Traded Fund 4701 units effective at the close of trading on June 24, following the earlier suspension imposed on June 18. Trading in Keir International Company shares resumed on June 29 after the company published delayed financial statements for the period ended June 30, 2025; the shares had been suspended since May 4, 2025. Keir shares closed at SAR 2.77 on the first day of resumed trading, down 29.87%. The CMA licensed Saaf Capital to conduct Managing Investments, Operating Funds, and Advising activities in the securities business, confirming the firm's completion of the Commencement of Business Requirements. Separately, Molan Steel Company 9553 disclosed in a Tadawul filing that its accumulated losses reached 99.21% of capital.
Outlook
Naseej International Trading Company 1213 is scheduled to hold its EGM on July 22 to vote on the SAR 163.5 million rights issue; the offering price and share count will be set after market close that day. BaraSeen Medical Company is expected to publish its Nomu prospectus ahead of its subscription window, per the CMA approval issued June 25. Alinma Capital announced dividend distributions to unitholders of the Alinma Hospitality REIT Fund 4349 and the Alinma Retail REIT Fund 4345 effective July 1. The Saudi Exchange's 1st Half 2026 Statistical Report, published July 1, is available on the exchange's website and covers Main Market and Nomu activity for the period.
