Corporate News: Acwa Power and Market Context
Acwa Power (2082.SR) closed the trading session on Thursday, 22 October 2026, at SAR 150.00, reflecting a decline of ‑4.08 % from the previous 24‑hour period. The price movement occurred within a session that ended at 07:10 PM Central Europe time.
Market Metrics
- Shares Outstanding: 766.1 million
- Market Capitalisation: SAR 117.1 billion
- Volume Traded in Last 24 Hours: SAR 46.9 million
- Year‑to‑Date Performance: down ‑9.59 % since the end of the previous month
- 200‑Day Simple Moving Average: SAR 180.5
- 52‑Week High: SAR 250.00 on 30 October 2025
- 52‑Week Low: SAR 149.40 on 1 March 2026
The current trading price is below both the 200‑day moving average and the 52‑week low, indicating a continued downward trend in the short term.
Related Corporate Event
The Dubai Electricity and Water Authority (DEWA) announced that the 28th edition of the Water, Energy, Technology and Environment Exhibition will take place from 20 to 22 October 2026 at the Dubai World Trade Centre. The event will feature numerous sponsors and partners, including key energy firms and technology providers. The exhibition will run concurrently with the World Green Economy Summit and aims to promote collaboration in renewable energy, smart infrastructure, and climate‑friendly technologies. DEWA highlighted the importance of the event for advancing the UAE’s focus on innovation, digital transformation, and sustainability in water and energy sectors.
Performance of Related Stocks (Last 24 Hours)
| Symbol | Current Price (SAR) | % Change | Market Capitalisation (SAR bn) | P/E Ratio |
|---|---|---|---|---|
| 1010.SR – Riyad Bank | 19.20 | –1.5 % | 75.7 | 7.65 |
| 4280.SR – Kingdom | 12.15 | –2.98 % | 47.0 | 25.9 |
| 5110.SR – Saudi Energy | 14.58 | –2.4 % | 62.8 | 14.86 |
| 1050.SR – Banque Saudi Fransi | 18.40 | –0.88 % | 47.2 | 9.96 |
| 1150.SR – Alinma Bank | 21.46 | –0.98 % | 69.4 | 12.26 |
Banque Saudi Fransi Quarterly Highlights
On 19 October, Banque Saudi Fransi presented its latest quarterly results. Key figures:
- Earnings per Share (EPS): SAR 0.60, up from SAR 0.50 in the same quarter a year earlier.
- Revenue: SAR 4.66 billion, a decline from SAR 5.15 billion reported in the prior year’s corresponding quarter.
- The management noted a downward trend in sales but highlighted improved profitability due to earnings growth.
- The presentation emphasized challenges posed by the broader market environment and ongoing efforts to strengthen the company’s financial position.
These data provide context for investors assessing Acwa Power relative to peers in the Saudi market.
