What Saudi and GCC Investors Were Buying and Trading This Month
What this article covers
The 10 most traded stocks on Raseed in May 2026, ranked by number of trades
What each company does and what drove trader interest in May
Key risks every investor should understand before trading these stocks
How Saudi and GCC investors can access these markets on Raseed
Important risk warnings for high-volatility penny stocks
Every month, thousands of investors across Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar, and Oman use Raseed to trade US-listed stocks. The stocks they choose tell a clear story about where trader attention is focused, which sectors are generating excitement, which companies are making headlines, and which names are dominating the conversation on trading floors and social media at any given moment.
May 2026 was a particularly active month on the platform. The following 10 stocks recorded the highest number of executed trades by Raseed users during the month. This list is based entirely on real platform order data, not speculation, not analyst picks, and not editorial opinion. These are the stocks that actual Raseed investors were most actively buying and selling in May 2026.
Top 10 Most Traded Stocks on Raseed — May 2026
Source: Raseed platform order data, May 1–29, 2026. Trades counted are filled, non-DRIP, non-internal US equity orders only. Volume represents total notional order value in USD.
What Each Company Does — and Why It Was Active in May
1. WOK — WORK Medical Technology Group Ltd (221 trades, $26,424 volume)
WORK Medical Technology Group is a China-based manufacturer of medical devices listed on the Nasdaq Capital Market. The company produces Class I disposable medical devices including face masks, endotracheal tubes, breathing circuits, and anaesthesia equipment. In May 2026, WORK Medical announced a strategic AI-healthcare and biotech partnership with Novabioplus, focused on AI-driven protein therapeutics, antibody optimisation, and "BioToken" biological data commercialisation. The company also shifted its headquarters to New Zealand through a new subsidiary in late May.
Trader context: WOK was the most actively traded stock on Raseed in May by number of trades. The stock has extremely high volatility, its all-time high was over $84,000 and it traded as low as $0.11 in May 2026. Activity was driven by short-term momentum traders reacting to news flow and price swings rather than long-term investors.
2. QUCY — Quantum Cyber N.V. (164 trades, $94,604 volume)
Quantum Cyber N.V. (formerly Mainz Biomed N.V.) changed its Nasdaq ticker to QUCY in March 2026 following a strategic pivot to cybersecurity. The company is focused on autonomous defence technology and AI-driven cybersecurity solutions. In May 2026, QUCY surged from below $0.40 to near $2.00 within days following news of an autonomous defence drone deal, attracting significant trader attention. The company reported approximately $6.2 million in cash and total assets of around $13.2 million against total liabilities of $7.2 million,a small but measurable balance sheet base. It generated the highest trading volume of all ten stocks on this list. Understanding how to manage positions during volatile news-driven spikes is covered in our guide on stop-loss and take-profit strategies.
3. MASK — 3 E Network Technology Group Ltd (153 trades, $75,689 volume)
3 E Network Technology Group is a Hong Kong-based B2B IT solutions provider listed on Nasdaq. The company supplies customised software across food, real estate, conferencing, and clean energy industries. In 2026, it announced a significant strategic pivot, a Finland AI data centre project (the Nordic Compute Gateway in Mikkeli), a semiconductor and AI server blueprint, and a 4.9% stake in hashbeaver tech. The company conducted a 25-for-1 reverse stock split in March 2026 to regain Nasdaq minimum bid price compliance. Its activity on Raseed reflects interest from traders tracking its AI infrastructure development news.
4. BIYA — Baiya International Group Inc. (151 trades, $61,541 volume)
Baiya International Group is a China-based technology holding company that conducts operations through Shenzhen Gongwuyuan Network Technology Co., Ltd., a digital services and technology business. In April and May 2026, Baiya announced institutional share placements raising $4.2 million and shareholder approval of capital expansion, super-voting share structures, and a digital asset mandate. Its 52-week range from $0.61 to $150.00 reflects the extreme price volatility that made it active among short-term traders on the Raseed platform.
All 10 of these stocks are tradeable on Raseed right now. → Start trading US stocks from Saudi Arabia — open your free account
5. NIVF — NewGenIvf Group Limited (128 trades, $60,354 volume)
NewGenIvf Group Limited is a fertility healthcare company focused on IVF (in vitro fertilisation) technology and services. The stock traded between $0.86 and $0.99 in late May 2026 at the time of the data, with a 52-week range extending from $0.72 to a prior high of $1,839, illustrating the extreme historical volatility in this name. Insider activity was reported on May 27, 2026. The stock attracted active trading on Raseed from users monitoring its pricing movements.
6. ATPC — Agape ATP Corporation (114 trades, $17,044 volume)
Agape ATP Corporation is a Malaysian health and wellness company focused on nutritional supplements and wellness products. In May 2026, ATPC experienced significant price momentum, running from approximately $2.00 in late April to a surge approaching $6.00 in early premarket trading by May 21, representing a gain of over 60% at its peak. The company reported a strong balance sheet with total assets over $24.9 million, very low debt, and a current ratio near 12. The price-to-book ratio of approximately 0.1 at the time meant the market was valuing ATPC well below its stated equity, which attracted both deep-discount and momentum traders.
Stocks with explosive short-term price moves like ATPC carry significant reversal risk. Our guide on understanding risk in stock trading explains how to evaluate position sizing and downside exposure before entering volatile trades.
7. QTEX — QTREX Quantum Ltd. (111 trades, $44,222 volume)
QTREX Quantum Ltd. (formerly Inspira Technologies Oxy B.H.N. Ltd.) changed its Nasdaq ticker from IINN to QTEX on May 20, 2026, following a corporate name change approved by shareholders in May 2026. The rebrand reflects a strategic focus on Additively Manufactured Electronics (AME) technology, a manufacturing approach that builds electronic circuits layer by layer and quantum connectivity infrastructure targeting quantum computing systems. The ticker change itself attracted trader attention, with QTEX stock gaining over 38% in a single 24-hour period during May. The company employs 40.
8. MTVA — MetaVia Inc. (105 trades, $33,922 volume)
MetaVia Inc. is a clinical-stage biotechnology company based in Cambridge, Massachusetts, focused on cardiometabolic diseases including obesity, MASH (metabolic dysfunction-associated steatohepatitis), and type 2 diabetes. Its lead drug candidate DA-1726 is a dual GLP-1/glucagon agonist, placing it in the same therapeutic category as Ozempic and Wegovy from Novo Nordisk. Phase 1 data presented at the EASL Congress 2026 in Barcelona showed 9.1% weight loss at the 48mg dose with improved glucose control and liver benefit signals. The company had $13.7 million in cash as of March 31, 2026, with operations expected to be funded into Q4 2026. Analyst average price target at the time: $19.33, against a stock trading near $2.80.
The obesity drug space is one of the most active investment themes of 2025–2026. For investors interested in how broader healthcare and biotech trends fit into a diversified portfolio, our portfolio diversification guide covers how to balance high-risk thematic positions with stable core holdings.
9. AIIO — Robo.ai Inc. (100 trades, $36,374 volume)
Robo.ai Inc. is a technology company focused on building a global AI robotics network platform. The company describes itself as developing AI robotics infrastructure for real-world deployment. In May 2026, Robo.ai announced a joint venture targeting the development of a 20MW AI data centre, with a focus on UAE, APAC, and MENA markets, making it directly relevant to the GCC investment context. Its market capitalisation was approximately $128 million at its May peak before declining sharply. Revenue for the trailing twelve months was $950,000 with a 62.5% gross margin, but the company reported a net loss of $165 million for the most recent half-year and negative operating cash flow of $5.1 million.
GCC relevance: Robo.ai's planned data centre targets the UAE and MENA region specifically — making it one of the few stocks on this list with direct stated exposure to the GCC technology infrastructure market.
10. HCWB — HCW Biologics Inc. (94 trades, $29,545 volume)
HCW Biologics is a Florida-based clinical-stage biopharmaceutical company focused on fusion immunotherapeutics, drugs designed to activate immune cells and eliminate harmful senescent (aged) cells. In Q1 2026, the company reported revenue of $6.54 million, a massive increase from just $5,065 in the same quarter of 2025. However, this revenue came almost entirely from a single $6.5 million licensing payment from Beijing Trimmune for the drug HCW11-006. The company achieved net income of $3.47 million in Q1 2026, reversing a $2.2 million loss from the prior year. HCW Biologics had been navigating a Nasdaq minimum bid price compliance issue in early 2026 but regained compliance by February 2026. An ongoing Phase 1 clinical study of HCW9302 targeting alopecia areata continues with initial results expected in H1 2026.
What the May 2026 Trading Data Tells Us
Looking across all 10 of the most traded stocks on Raseed in May 2026, several clear patterns emerge:
AI and technology themes dominated. Seven of the ten most traded stocks had explicit AI, tech, or digital asset angles, from QUCY's cybersecurity pivot and MASK's Finland AI data centre to QTEX's quantum electronics rebranding, AIIO's robotics platform, and BIYA's digital asset mandate. The AI investment theme continues to drive significant retail trader activity across the GCC market.
Biotech and healthcare attracted consistent interest. Three companies NIVF (fertility tech), MTVA (obesity drugs in the GLP-1 space), and HCWB (immunotherapy), reflected growing GCC investor interest in life sciences, particularly as obesity drug candidates in the same category as Ozempic continue to generate clinical trial news.
Most names were small-cap or micro-cap momentum stocks. The majority of these stocks have very low share prices, extreme 52-week price ranges, and are trading on short-term momentum rather than fundamental value. This type of activity reflects active day trading and swing trading behaviour — not long-term portfolio building. For investors interested in building sustainable long-term portfolios in US markets, our NASDAQ 100 guide and halal stocks guide cover the more established companies that GCC investors typically hold for the long term.
Important Risk Warning for All Investors
Every stock in this top 10 list is a small-cap or micro-cap company with extreme price volatility, limited operating history, and speculative business models. Several are navigating or have recently navigated Nasdaq delisting threats. None of these are the type of established, liquid large-cap stocks that form the core of most long-term investment portfolios. Trading these stocks carries a high risk of significant capital loss. Past trading volume on the Raseed platform does not indicate future performance or suitability for any individual investor.
If you are building a long-term investment portfolio rather than actively day trading, our guides on understanding risk in stock trading, market volatility, and stock trading for beginners in Saudi Arabia are the right starting point.
Every stock in this list is tradeable on Raseed from Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, and Oman. → Open your free Raseed account and start trading US stocks today
Frequently Asked Questions
How is the "most traded" list calculated?
This list ranks stocks by the total number of filled, non-DRIP, non-internal US equity orders executed on the Raseed platform during May 2026 (May 1–29). It reflects actual trading activity by real Raseed users not algorithmic or simulated trades.
Does appearing on this list mean these are good stocks to buy?
No. High trading volume means these stocks attracted active trader interest in May 2026, not that they are recommended investments. Many are highly speculative. Always conduct independent research and assess your own risk tolerance before investing in any security.
Can investors in Saudi Arabia and the GCC trade all of these stocks on Raseed?
Yes. All 10 stocks are listed on Nasdaq and are accessible through Raseed's US stocks platform for eligible investors across Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, and Oman.
Will Raseed publish a monthly most traded stocks list every month?
Yes. This report will be published monthly, giving Raseed investors a regular window into platform activity and the stocks generating the most attention among GCC traders each month.
Related Articles on Raseed Learn
Understanding Risk in Stock Trading — A Guide for Saudi Investors · Stop-Loss and Take-Profit Strategies for GCC Traders
Best NASDAQ 100 Stocks for Saudi Investors (2026) · 5 Steps to Diversify Your Portfolio
Stock Trading in Saudi Arabia for Beginners · Market Volatility Explained
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Data reflects Raseed platform activity for May 2026. Company information sourced from publicly available SEC filings, Nasdaq, Yahoo Finance, CNBC, and company press releases. All investing involves risk including the potential loss of principal. Past trading activity is not indicative of future performance.