Tadawul trading screen
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed Ramadan 1.2%, or 149 points, higher at 12,705 points.
Ramadan witnessed the deadline of disclosing Q1 2024 corporate financial results.
The number of trading sessions during Ramadan this year was 19. The index ended higher in 12 and declined in seven.
The benchmark has gained 6.2% or 738 points since the beginning of 2024 until the end of Ramadan.
|
Tadawul Performance in Ramadan Since 2010 |
||||
|
Year |
Opening (points) |
Closing (points) |
Change (points) |
Change |
|
2006 |
11108 |
10545 |
(563) |
(5.1%) |
|
2007 |
7788 |
7806 |
+18 |
+0.2% |
|
2008 |
8757 |
7459 |
(1298) |
(14.8%) |
|
2009 |
5723 |
5948 |
+225 |
+3.9% |
|
2010 |
6264 |
6306 |
+42 |
+0.7% |
|
2011 |
6392 |
5979 |
(413) |
(6.5%) |
|
2012 |
6628 |
7004 |
+376 |
+5.7% |
|
2013 |
7709 |
8072 |
+363 |
+4.7% |
|
2014 |
9569 |
10215 |
+646 |
+6.8% |
|
2015 |
9506 |
9338 |
(168) |
(1.8%) |
|
2016 |
6477 |
6500 |
+23 |
+0.4% |
|
2017 |
6872 |
7426 |
+554 |
+8.1% |
|
2018 |
7958 |
8270 |
+312 |
+3.9% |
|
2019 |
9179 |
8516 |
(633) |
(7.2%) |
|
2020 |
6605 |
7051 |
+446 |
+6.8% |
|
2021 |
9908 |
10323 |
+415 |
+4.2% |
|
2022 |
13090 |
13734 |
+644 |
+4.9% |
|
2023 |
10351 |
11164 |
+813 |
+7.9% |
|
2024 |
12556 |
12705 |
+149 |
+1.2% |
TASI Performance
TASI hit its highest level during Ramadan on March 24 at 12,883 points and the highest close on March 21 at 12,836 points, its highest level since May 2022.
Meanwhile, the index hit its lowest level on April 1 at 12,373 points and the lowest close on March 31 at 12,402 points.
The market recorded its highest traded value of SAR 14.36 billion on March 14 and the lowest traded value of SAR 5.91 billion on March 31.
|
TASI Performance in Ramadan (2024) |
|||
|
Period |
Performance |
Date |
Notes |
|
Highest Close (Points) |
12836 |
March 21 |
Highest close since May 2022 |
|
Lowest Close (Points) |
12402 |
March 31 |
-- |
|
Highest Level (Points) |
12883 |
March 24 |
-- |
|
Lowest Level (Points) |
12373 |
April 1 |
-- |
|
Intraday High (Points) |
+146 |
April 3 |
-- |
|
Intraday Low (Points) |
(164) |
March 31 |
-- |
|
Highest Traded Value (SAR bln) |
14.36 |
March 14 |
FTSE Russell implemented its changes in the Saudi market according to its quarterly review of its indicators |
|
Lowest Traded Value (SAR bln) |
5.91 |
March 31 |
-- |
The average daily traded value reached SAR 8.98 billion in Ramadan, up from SAR 5.40 billion a year before.
Stock Performance
A total of 87 stocks moved higher in Ramadan, while 125 moved down.
Saudi Advanced Industries Co. (SAIC) was the top gainer, soaring 29%. It was followed by the Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) that leapt by 28%.
|
Top Gainers in Ramadan (2024) |
|||
|
Company |
Opening (SAR) |
Closing (SAR) |
Change |
|
SAIC |
32.85 |
42.30 |
+29% |
|
MEDGULF |
20.54 |
26.30 |
+28% |
|
Chubb Arabia |
32.50 |
40.85 |
+26% |
|
Gulf Union Alahlia |
18.24 |
22.92 |
+26% |
|
ACWA Power |
290.60 |
363.80 |
+25% |
|
Saudi Chemical |
5.97 |
7.31 |
+22% |
|
BinDawood Holding |
7.36 |
8.92 |
+21% |
|
Red Sea |
24.40 |
29.10 |
+19% |
|
Advanced |
38.35 |
45.50 |
+19% |
|
KEC |
15.22 |
18.02 |
+18% |
|
Saudi Paper |
67.70 |
80.00 |
+18% |
|
Sipchem |
31.10 |
36.05 |
+16% |
|
Shams |
0.77 |
0.89 |
+16% |
|
AlSaif Gallery |
10.08 |
11.64 |
+15% |
|
Sumou |
52.70 |
60.80 |
+15% |
|
SIIG |
21.02 |
24.22 |
+15% |
|
Makkah Construction |
90.00 |
103.60 |
+15% |
|
Saudi Cale |
62.90 |
72.20 |
+15% |
|
Al-Babtain |
34.55 |
39.65 |
+15% |
|
Tadawul Group |
246.00 |
281.40 |
+14% |
Meanwhile, Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) led decliners, dropping 34%, followed by Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) with a fall of 23%.
|
Top Decliners in Ramadan (2024) |
|||
|
Company |
Opening (SAR) |
Closing (SAR) |
Change |
|
Cenomi Retail |
18.36 |
12.10 |
(34%) |
|
Al Hokair Group |
3.32 |
2.55 |
(23%) |
|
Lumi |
119.20 |
92.70 |
(22%) |
|
Alkhorayef |
278.40 |
219.00 |
(21%) |
|
Saudi German Hospital |
114.80 |
91.70 |
(20%) |
|
Zamil Industrial |
29.00 |
23.20 |
(20%) |
|
AYYAN |
25.80 |
20.96 |
(19%) |
|
Mahara |
7.80 |
6.45 |
(17%) |
|
Malath Insurance |
21.44 |
18.00 |
(16%) |
|
Aldawaa |
115.40 |
96.90 |
(16%) |
|
Sinad Holding |
14.30 |
12.10 |
(15%) |
|
Avalon Pharma |
184.20 |
156.40 |
(15%) |
|
NCLE |
173.00 |
147.20 |
(15%) |
|
SIDC |
11.96 |
10.20 |
(15%) |
|
Saudi Fisheries |
29.40 |
25.10 |
(15%) |
|
SASCO |
90.40 |
77.40 |
(14%) |
|
MBC |
65.50 |
56.70 |
(13%) |
|
Arabian Pipes |
187.80 |
162.60 |
(13%) |
|
Al Abdullatif |
19.08 |
16.52 |
(13%) |
|
SAL |
288.00 |
249.80 |
(13%) |
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