TASI falls 1.1% to 12,421 points, turnover at SAR 6.4 bln
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.1%, or 140 points, lower at 12,421 points today, Aug. 23.
Total turnover reached nearly SAR 6.4 billion.
The index sank in tandem with global markets, especially the US, due to monetary policy and economic stagnation concerns.
Market Index
Saudi Aramco and Al Rajhi Bank fell 1% to SAR 38.40 and SAR 90.90, respectively.
SABIC, Petro Rabigh, Tasnee, Yansab, stc, Bank Albilad, Maaden, Alinma Bank, SABIC Agri-Nutrients, ACWA Power and Saudi Kayan declined between 1% and 4%.
Salama Insurance was the top decliner, falling to SAR 25.85 after Q2 2022 losses reached SAR 61.6 million.
SAICO, SAPTCO, Al Abdullatif and Hail Cement slipped between 3% and 4%.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
JAZADCO | 16.72 | (0.58) | (3.35 %) | - |
ALRAJHI | 90.90 | (0.90) | (0.98 %) | - |
FIPCO | 45.20 | (0.30) | (0.66 %) | - |
SABIC | 101.00 | (2.40) | (2.32 %) | - |
SINAD HOLDING | 15.94 | (0.78) | (4.67 %) | - |
ALAKARIA | 14.88 | 0.04 | 0.27 % | - |
SAPTCO | 16.92 | (0.68) | (3.86 %) | - |
SALAMA | 16.93 | (1.87) | (9.93 %) | - |
HCC | 13.40 | (0.36) | (2.62 %) | - |
ARTEX | 21.02 | (0.88) | (4.02 %) | - |
SAICO | 15.56 | (0.68) | (4.19 %) | - |
ALKHALEEJ TRNG | 16.22 | (0.40) | (2.41 %) | - |
ATHEEB TELECOM | 13.74 | 0.02 | 0.11 % | - |
SNB | 53.06 | (0.30) | (0.56 %) | - |
SAUDI ARAMCO | 34.91 | (0.32) | (0.90 %) | - |
EIC | 1.06 | 0.03 | 3.31 % | - |
ALARABIA | 107.00 | 2.00 | 1.90 % | - |
On the other hand, Electrical Industries and Al Arabia closed at SAR 26.50 (+3%) and SAR 107 (+2%), respectively, following the announcement of Q2 2022 financials.
To contact the writer, email Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
BUPA ARABIA | 138.43 | 3.59 % | 41.77 | |
SUMOU | 40.53 | 3.45 % | 17.93 | |
EIC | 1.06 | 3.31 % | 18.46 | |
NAMA CHEMICALS | 46.45 | 2.99 % | 16.01 | |
RED SEA | 40.00 | 2.56 % | NEG | |
MOUWASAT | 120.80 | 2.29 % | 41.56 | |
ALARABIA | 107.00 | 1.90 % | 20.95 | |
EMAAR EC | 10.88 | 1.87 % | NEG | |
MCDC | 75.00 | 1.63 % | More than 100 | |
AMIANTIT | 13.42 | 1.49 % | NEG |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
EIC | 5,379,386.00 | 65,701,260.00 | 1,121.35 % |
SADAFCO | 35,784.00 | 402,155.00 | 1,023.84 % |
GULF UNION ALAHLIA | 234,234.00 | 2,060,143.00 | 779.52 % |
ATAA | 130,405.00 | 1,093,328.00 | 738.41 % |
APC | 206,205.00 | 1,530,343.00 | 642.15 % |
SSP | 188,151.00 | 1,010,474.00 | 437.05 % |
SHL | 703,922.00 | 3,388,901.00 | 381.43 % |
RED SEA | 323,896.00 | 1,147,709.00 | 254.34 % |
BAAZEEM | 4,411,401.00 | 15,144,930.00 | 243.31 % |
SALAMA | 286,499.00 | 947,889.00 | 230.85 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Sector Closure
Most Active Companies
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