TASI jumps over 100 points to 8,369 points, records highest close in 8 months

Saudi Arabia’s stocks rose for second consecutive session on Tuesday, with the benchmark Tadawul All Share Index (TASI) surging 1.4%, or 112 points, to close at 8,369 points, the highest close in 8 months.

Over 482 million shares, worth SAR 11.7 billion, were traded, with advance-decline ratio at 159:35.

Market Index

Chart Type
- CandleStick
- OHLC
- Line
- Mountain
- Step
Period
- 1 Day
- 3 Days
- 5 Days
- Week
- Month
- 3 Months
- 6 Months
- Year
- 3 Years
- Max
Intervals
- 1 Minute
- 5 Minutes
- 10 Minutes
- 15 Minutes
- 30 Minutes
- 1 Hour
- Daily
- Weekly
- Monthly

Blue chip SABIC rose 0.6% to SAR 88.80, while banking major Al Rajhi gained 1.7% to SAR 66.80.

Gulf Union climbed 2.4% to SAR 21.30, as the firm’s shareholders approved merger with Al-Ahlia Insurance Co. through capital top-up of SAR 229.5 million.

Raydan and Amana Insurance closed nearly limit up at SAR 24.88 and SAR 39.15, respectively.

Company Prices

Company	Price	Change	Change (%)	Events
ALRAJHI	41.76	0.69	1.67 %	-
SABIC	88.80	0.50	0.57 %	-

On the other hand, MEDGULF declined 4.8% to SAR 25.05. The company’s board recommended 12.5% capital cut and SAR 350 million capital top-up through rights issue.

To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com

Number of High/Low companies

Today

Gainers

157

Losers

52 Weeks

Gainers

161

Losers

Company	52 Weeks Range	Price	Change	Price Earnings
RAYDAN	40.23 17.79 60.24	40.23	9.99 %	NEG
AMANA INSURANCE	43.76 9.17 48.28	43.76	9.97 %	NEG
ALKATHIRI	4.07 0.89 4.07	4.07	9.94 %	99.26
ABO MOATI	31.55 11.50 35.45	31.55	9.93 %	76.48
NGC	27.70 10.10 27.70	27.70	9.92 %	21.09
ENAYA	37.66 13.90 41.20	37.66	9.90 %	NEG
SASCO	29.96 17.84 79.70	29.96	7.04 %	41.14
ARAB SEA	6.73 0.96 7.72	6.73	6.66 %	53.78
JOUF CEMENT	15.93 9.63 16.06	15.93	6.33 %	52.11
ETIHAD ETISALAT	30.20 18.50 52.30	30.20	5.96 %	56.38

Company	52 Weeks Range	Price	Change	Price Earnings
MEDGULF	24.00 12.45 28.21	24.00	(4.75 %)	92.12
DWF	113.33 29.62 132.80	113.33	(4.09 %)	NEG
SUMOU	29.59 14.40 40.30	29.59	(2.15 %)	18.54
YAQEEN PETROCHEMICAL	27.90 27.90 29.40	27.90	(2.11 %)	-
GULF GENERAL	23.59 8.35 25.51	23.59	(1.93 %)	More than 100
BAHRI	21.53 14.41 28.45	21.53	(1.82 %)	9.12
LIVA	25.85 11.14 29.70	25.85	(1.71 %)	More than 100
JADWA REIT ALHARAMAIN	8.50 5.88 9.50	8.50	(1.62 %)	NEG
ALLIANZ SF	22.04 9.85 25.40	22.04	(1.52 %)	NEG
GIG	34.21 19.08 40.02	34.21	(1.51 %)	14.03

Company	52 Weeks Range	Price	Volume (M)	Percentage to Market
TECO	0.78 0.24 1.02	0.78	214,034,400	44.36 %
ALBAHA	0.24 0.08 0.35	0.24	200,166,500	41.48 %
BATIC	2.05 1.13 3.87	2.05	40,879,850	8.47 %
ANAAM HOLDING	0.97 0.32 1.34	0.97	39,332,440	8.15 %
DAR ALARKAN	9.15 6.68 17.22	9.15	36,193,049	7.50 %
ALINMA	13.22 10.98 28.55	13.22	23,467,945	4.86 %
BJAZ	11.60 8.03 16.92	11.60	18,828,671	3.90 %
EIC	0.85 0.46 8.70	0.85	18,392,900	3.81 %
ARAB SEA	6.73 0.96 7.72	6.73	18,389,310	3.81 %
JOUF CEMENT	15.93 9.63 16.06	15.93	17,501,177	3.63 %

Company	52 Weeks Range	Price	Turnover	Percentage to Market
SFICO	53.20 14.58 57.50	53.20	569,245,264	4.86 %
ETIHAD ETISALAT	30.20 18.50 52.30	30.20	480,396,135	4.10 %
AMANA INSURANCE	43.76 9.17 48.28	43.76	473,425,221	4.04 %
DAR ALARKAN	9.15 6.68 17.22	9.15	331,585,831	2.83 %
TAPRCO	53.23 12.35 60.08	53.23	326,769,885	2.79 %
ALINMA	13.22 10.98 28.55	13.22	308,442,378	2.63 %
SARCO	80.50 27.40 89.60	80.50	307,437,964	2.62 %
JOUF CEMENT	15.93 9.63 16.06	15.93	275,490,216	2.35 %
ALRAJHI	41.76 31.88 93.00	41.76	266,784,955	2.28 %
MEDGULF	24.00 12.45 28.21	24.00	260,607,234	2.22 %

1 Day
2 Days
5 Days
More

Companies trading above 3-Month Average

Company	Average Volume (3M)	Volume	Percentage Change
JOUF CEMENT	3,205,025.00	17,501,177.00	446.05 %
BONYAN REIT	164,380.00	886,637.00	439.38 %
ETIHAD ETISALAT	2,996,381.00	16,059,781.00	435.97 %
SICO SAUDI REIT	588,011.00	2,820,548.00	379.68 %
MAADANIYAH	1,871,649.00	6,887,484.00	267.99 %
YAQEEN 30	205,693.00	724,928.00	252.43 %
NORTHERN CEMENT	2,638,571.00	9,242,681.00	250.29 %
NGC	1,742,110.00	5,389,329.00	209.36 %
AMANA INSURANCE	3,774,707.00	11,266,826.00	198.48 %
SASCO	809,384.00	2,291,298.00	183.09 %
More

Companies achieved the highest and lowest closings in 52 weeks

Gainers
Losers

Company	Price	Change 52 Weeks
ALKATHIRI	4.07	328.05 %
NGC	27.70	129.30 %
TECO	0.78	112.63 %
FARM SUPERSTORES	31.30	107.01 %
CHEMANOL	24.53	72.36 %
A.OTHAIM MARKET	13.30	67.51 %
JOUF CEMENT	15.93	39.72 %
SASCO	29.96	37.33 %
ALANDALUS	14.85	35.06 %
ETIHAD ETISALAT	30.20	27.32 %

Company	Price	Change 52 Weeks
No record found

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Calendar

Company	Event
BHGE	Reports

Market Data

USD Riyal

TASI
NOMU
MT30

Value Traded7,535,727,154.00

Open12,126.67

Prev. Close12,093.35

High12,158.65

Low12,115.93

YTD 1.37 %

Transactions 476,511.00

Volume

1,234,828,840.00

Market Cap (Million)

3,466,351.20

Market Data

Market Indicators

Latest update: 08/11/2024

TASI
NOMU

P/E (TTM) *

24.59 X

P/E Before Unusual Items (TTM) *

25.14 X

Price/Book

2.40 X

Dividend Yield

2.66 %

* Except Aramco

Sector Closure

Sector

Value

Change

Change (%)

Energy

5,305.80

82.53 1.58 %

Materials

5,854.32

(46.72) (0.79 %)

Capital Goods

14,548.44

(130.20) (0.89 %)

Commercial & Professional Svc

5,290.83

79.79 1.53 %

Transportation

7,360.05

(61.08) (0.82 %)

Consumer Durables & Apparel

5,307.33

23.35 0.44 %

Consumer Services

5,002.38

(17.24) (0.34 %)

Media and Entertainment

31,380.31

(41.79) (0.13 %)

Consumer Discretionary Distribution & Retail

8,175.76

53.25 0.66 %

Consumer Staples Distribution & Retail

8,961.70

5.28 0.06 %

Food & Beverages

5,875.93

9.59 0.16 %

Health Care Equipment & Svc

12,193.43

(14.65) (0.12 %)

Pharma, Biotech & Life Sciences

5,252.96

12.14 0.23 %

Banks

11,919.92

152.62 1.30 %

Financial Services

8,355.46

(72.27) (0.86 %)

Insurance

9,755.01

45.08 0.46 %

Telecommunication Services

8,089.63

(13.33) (0.16 %)

Utilities

14,945.72

(392.99) (2.56 %)

REITs

3,266.52

18.57 0.57 %

Real Estate Mgmt & Dev't

3,726.77

(7.17) (0.19 %)

Software & Services

80,946.17

(140.80) (0.17 %)

Most Active Companies

By Volume
By Turn over

Name

Price

Change (value)Change (%)

Brent Crude Oil

73.87

(1.65) (2.19 %)

Nymex

70.33

(2.03) (2.81 %)

Natural Gas

2.67

(0.03) (0.97 %)

Gold

2,684.07

(22.26) (0.82 %)

Silver

31.21

(0.81) (2.54 %)

High Grade Copper

4.31

(0.13) (2.86 %)

Iron Ore

105.09

1.18 1.12 %

Aluminum

2,610.75

(84.00) (3.11 %)

LEAD

2,023.50

(13.50) (0.66 %)

Zinc

2,983.50

(77.00) (2.52 %)

Steel

737.00

(3.00) (0.40 %)

Wheat (CBOT)

571.25

1.00 0.17 %

Corn (CBOT)

430.75

3.20 0.75 %

Coffee (ICEUS)

253.10

(6.65) (2.59 %)

Whole Milk Powder

4,662.50

(187.50) (4.02 %)

Skim Milk Powder

2,737.50

(125.00) (4.57 %)

Refining margins

4.13

(0.24) (5.49 %)

VLCC "Spot"

- -

LPG (mt) ($)

- -

Fujairah Fuel Pric (mt) ($)

- -

VLCC "TC/1Year" ($)

- -

MR Atlantic ($)

- -

Dry Bulk Panamax ($)

- -

TASI jumps over 100 points to 8,369 points, records highest close in 8 months

Market Index

Company Prices

Number of High/Low companies

Market Movers

Companies trading above 3-Month Average

Companies achieved the highest and lowest closings in 52 weeks

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Calendar

Market Data

Market Indicators

Sector Closure

Most Active Companies

Most Read

Popular Links

Quick Links

About Us

Join Us

Follow Us