TASI gains 0.6% to 10,247 points, turnover at SAR 4.2 bln
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.6%, or 61 points, to close at 10,247 points today, Dec. 8.
Total turnover reached nearly SAR 4.2 billion.
The Ministry of Finance announced, on Dec. 7, that the Kingdom’s revenues for the 2023 state budget are estimated at SAR 1.130 trillion with a forecast expenditure of SAR 1.114 trillion. The expected surplus is SAR 16 billion.
Market Index
Al Rajhi Bank rose more than 1% to SAR 75 amid transactions of about 6.7 million shares.
Saudi National Bank, SABIC, Maaden, Tasnee and Saudi Electricity increased between 1% and 4%.
SAICO was the gainer, closing at SAR 12.94.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ALRAJHI | 75.00 | 1.00 | 1.35 % | - |
SABIC | 81.50 | 1.50 | 1.88 % | - |
SNB | 35.00 | 0.45 | 1.30 % | - |
SAUDI ARAMCO | 28.55 | (0.32) | (1.10 %) | - |
ATAA | 52.00 | 0.00 | 0.00 % | - |
On the other hand, Saudi Aramco declined 1% to SAR 31.40, recording the lowest closing since August 2021.
Nahdi, Tadawul Group, Arabian Drilling and Yanbu Cement fell between 3% and 6%.
Shams was the top decliner, falling 7%.
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 |
---|---|---|---|---|
SAICO | 12.94 | 9.85 % | NEG | |
ASTRA INDUSTRIAL | 49.40 | 3.78 % | 8.97 | |
SAB | 36.85 | 3.66 % | 19.37 | |
MAADEN | 45.75 | 3.47 % | 16.25 | |
RETAL | 9.68 | 3.42 % | 18.83 | |
MALATH INSURANCE | 11.10 | 3.35 % | NEG | |
ALASEEL | 3.95 | 3.27 % | 28.50 | |
TASNEE | 11.90 | 3.12 % | 8.28 | |
ALYAMAMAH STEEL | 23.68 | 2.96 % | 10.95 | |
MEPCO | 29.05 | 2.83 % | 7.41 |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
ALBILAD SUKUK | 27,020.00 | 124,289.00 | 359.99 % |
ENAYA | 602,672.00 | 2,681,912.00 | 345.00 % |
BURUJ | 90,544.00 | 378,638.00 | 318.18 % |
LIVA | 112,280.00 | 296,678.00 | 164.23 % |
JADWA REIT ALHARAMAIN | 94,675.00 | 240,842.00 | 154.39 % |
MEPCO | 685,573.00 | 1,448,754.00 | 111.32 % |
ALUJAIN | 474,581.00 | 994,838.00 | 109.62 % |
NAYIFAT | 174,229.00 | 347,352.00 | 99.37 % |
ALINMA RETAIL REIT | 424,450.00 | 844,261.00 | 98.91 % |
ALBILAD | 1,343,809.00 | 2,598,353.00 | 93.36 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Sector Closure
Most Active Companies
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