TASI rises 0.3%; Maharah hits limit up on debut
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose marginally on Tuesday to close 0.3 percent, or 25 points, higher at 9,000 points.
Total turnover reached SAR 5.3 billion, while advance-decline ratio stood at 99-64.
Market Index
Blue chip SABIC rose 0.3 percent to close at SAR 119, while Al Rajhi gained 1 percent to close at SAR 71.50.
Maharah went limit to close at SAR 75.90 on its debut.
Al Akaria moved up 1 percent to SAR 12.28 after the general assembly approved the board’s recommendation to hold off on issuing a cash dividend for fiscal year 2018.
Chemanol, KEC and Nadec surged between 3 and 4 percent.
Company Prices
Petchem major Petrochem lost 1.2 percent to close at SAR 25.30, while bank Alinma fell 1.1 percent to SAR 24.60.
Al Gassim Investment was the top decliner, falling 2.9 percent to SR 12.12.
To contact the writer, email Parag Deulgaonkar at parag.d@argaamplus.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
ALOMRAN | 11.17 | 8.57 % | 49.46 | |
CHEMANOL | 15.75 | 3.89 % | 18.94 | |
KEC | 9.95 | 3.75 % | NEG | |
NADEC | 10.11 | 3.67 % | More than 100 | |
SPCC | 48.90 | 3.49 % | 32.15 | |
GASCO | 30.05 | 2.74 % | 15.36 | |
ALYAMAMAH STEEL | 17.58 | 2.69 % | NEG | |
NGC | 11.86 | 2.42 % | 48.90 | |
OASIS | 26.70 | 2.30 % | 15.19 | |
ARAB SEA | 0.92 | 1.89 % | NEG |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
GACO | 516,629.00 | 3,619,062.00 | 600.51 % |
ARAB SEA | 261,500.00 | 1,323,910.00 | 406.28 % |
KEC | 953,801.00 | 4,383,769.00 | 359.61 % |
SAB | 593,720.00 | 2,379,904.00 | 300.85 % |
SIECO | 6,578,645.00 | 24,954,560.00 | 279.33 % |
OASIS | 145,294.00 | 522,995.00 | 259.96 % |
MESC | 391,813.00 | 1,332,171.00 | 240.00 % |
CHEMANOL | 601,052.00 | 2,001,604.00 | 233.02 % |
DAR ALARKAN | 10,047,123.00 | 32,327,485.00 | 221.76 % |
RED SEA | 66,498.00 | 209,735.00 | 215.40 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Company | Price | Change 52 Weeks |
---|---|---|
ZAIN KSA | 12.63 | 83.43 % |
SAUDI CEMENT | 69.30 | 38.60 % |
ETIHAD ETISALAT | 24.20 | 23.72 % |
QACCO | 47.00 | 21.45 % |
YCC | 31.35 | 19.20 % |
EPCCO | 28.75 | 18.80 % |
CITY CEMENT | 12.98 | 15.28 % |
Calendar
Company | Event |
---|---|
WALAA | Allocation Date |
NAJRAN CEMENT | General Assembly |
ABO MOATI | Cash Dividend Distribution |
Sector Closure
Most Active Companies
Most Read
- SCCC plans expansion beyond Riyadh as Saudi cloud market grows
- CMCER inks 1-year cooperation deal for event coverage
- Derayah Financial: We have transformed to become the largest independent broker in Saudi Arabia, and the size of our AuM grew by 45% in H1 2024
- Overview of Almoosa Health
- Dar Almarkabah board proposes stock split, statutory reserve transfer
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}