TASI drops nearly 1% as bluechips decline
Saudi Arabia’s Tadawul All Share Index (TASI) fell 0.9 percent to 7,800 points on Sunday as all 12 listed banks closed in the red.
Total volumes stood at SAR 3.8 billion and the advance-decline ratio was 67-107.
Market Index
Heavyweight lender Al Rajhi Bank lost nearly 1.2 percent to close at SAR 74.6, while Bank Albilad saw the sharpest fall among peers – declining nearly 4 percent to SAR 21.9.
Among petrochemicals, SABIC slipped 0.2 percent to SAR 116.2, and Saudi Industrial Investment Group (SIIG) was down nearly 3 percent at SAR 22.
Jabal Omar Development Co. slumped almost 3 percent to SAR 49.05, after reporting an annual net loss of SAR 601 million.
Cement stocks were also mainly lower, led by Saudi Cement Co. that dropped more than 4 percent to SAR 53.8.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ALRAJHI | 30.37 | (0.31) | (1.00 %) | - |
ALBILAD | 10.58 | (0.36) | (3.29 %) | - |
SAUDI CEMENT | 53.76 | (2.37) | (4.22 %) | - |
SABIC | 115.93 | (0.48) | (0.41 %) | - |
SIIG | 22.16 | (0.49) | (2.16 %) | - |
ALBABTAIN | 18.57 | 0.68 | 3.80 % | - |
JABAL OMAR | 48.96 | (1.53) | (3.03 %) | - |
Meanwhile, Thimar was the top gainer of the day as the stock rose 7.4 percent to SAR 32.3. The firm swung to net profit of SAR 8.7 million in 2017, compared to a loss of SAR 528,313 the previous year.
Al-Babtain Power and Telecommunication Co. was up 4.1 percent at SAR 27.95, after its board of director proposed 5 percent cash dividend for Q4 2017, at SAR 0.5 per share.
To contact the writer, email Nadeshda Zareen at nadeshda.zareen@argaamplus.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
ALKATHIRI | 0.35 | 8.79 % | 8.94 | |
THIMAR | 83.64 | 7.48 % | 66.62 | |
ACIG | 16.21 | 6.05 % | 35.15 | |
HB | 54.71 | 4.53 % | 28.70 | |
NASEEJ | 46.68 | 4.41 % | NEG | |
ALBAHA | 0.22 | 4.35 % | More than 100 | |
ALBABTAIN | 18.57 | 3.80 % | 9.32 | |
SPM | 13.05 | 3.34 % | NEG | |
MEPCO | 19.14 | 3.32 % | 17.85 | |
MESC | 12.71 | 3.17 % | More than 100 |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
HB | 32,432.00 | 265,141.00 | 717.53 % |
ALBABTAIN | 341,513.00 | 2,769,062.00 | 710.82 % |
MUTAKAMELA | 159,601.00 | 1,071,064.00 | 571.09 % |
BJAZ | 3,526,212.00 | 22,106,853.00 | 526.93 % |
SARCO | 529,291.00 | 3,085,591.00 | 482.97 % |
ALBAHA | 21,717,333.00 | 104,657,163.00 | 381.91 % |
SPM | 410,375.00 | 1,692,483.00 | 312.42 % |
THIMAR | 162,888.00 | 659,917.00 | 305.14 % |
ACIG | 158,375.00 | 571,342.00 | 260.75 % |
KINGDOM | 394,188.00 | 1,271,865.00 | 222.65 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Company | Price | Change 52 Weeks |
---|---|---|
BUDGET SAUDI | 38.91 | 56.01 % |
HB | 54.71 | 15.73 % |
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}}