SABIC stock gains 1.53 percent as Tadawul adds market maker

Published on 10/04/2026 at 17:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SABIC stock gets a new SNB Capital market maker from October 5, 2026. H1 2026 losses were SAR 820 million, while 19 analysts set a SAR 60.44 average target.

SABIC, SA0007879121, Illustration mit AI erstellt.

SABIC stock (ISIN SA0007879121) gained 1.53 percent to SAR 46.52 on Tadawul on October 4, 2026, while its market capitalization stood at SAR 139.6 billion. The immediate company-linked development is a new market-making mandate that starts October 5, 2026, according to Argaam.

SNB Capital starts October 5

Saudi Exchange approved SNB Capital to provide market-making services for SABIC and two other Main Market stocks. For SABIC, the arrangement requires minimum order presence of 80 percent, a minimum order size of SAR 250,000 and a maximum spread of 0.65 percent, Argaam reported on October 4, 2026.

The structure is designed to support displayed liquidity rather than change SABIC's operating outlook. For investors, the key measurable terms are the 80 percent presence requirement and the 0.65 percent spread ceiling, which set the framework for trading activity from October 5, 2026.

H1 loss narrowed to SAR 820 million

SABIC reported a net loss of SAR 820 million for the first half of 2026, compared with a SAR 5.28 billion loss in the same period of 2025. That represents an 84.47 percent year-over-year reduction, according to Arab News.

The second quarter still produced a SAR 833 million loss, although that was lower than the SAR 4.07 billion loss recorded a year earlier. The comparison points to a smaller reported loss, but the same report said the improvement reflected the non-recurrence of provisions and impairment charges rather than an equivalent recovery in underlying operations, according to Arab News.

Consensus target stays above the stock

A September 14, 2026 consensus compiled by Eulerpool covered 19 analysts and showed an overall Hold rating. Nine analysts rated the stock Buy, while 10 rated it Hold and none rated it Sell.

The same consensus placed the average 12-month price target at SAR 60.44 and the median at SAR 60.69. Against the October 4, 2026 price of SAR 46.52, the average target lies 29.92 percent above the stock, making the loss trajectory and the market-making change the two clearest reference points for the current setup.

SABIC stock stays near its yearly low

SABIC stock was last at SAR 46.52 on Tadawul on October 4, 2026, at 3:17 p.m. AST, with 729,793 shares traded. The price stood 1.80 percent above the SAR 45.70 52-week low and 25.57 percent below the SAR 62.50 high.