TASI declines 1.6% to 11,797 turnover at SAR 8.7B
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 1.6%, or 189 points, lower at 11,797 points today, Jan. 31.
Total turnover reached nearly SAR 8.7 billion.
Market Index
Al Rajhi Bank declined 5% to SAR 84, with about nine million shares worth more than SAR 760 million changing hands. The lender’s Q4 2023 net profit fell 5% year-on-year to SAR 4.17 billion.
ADES and Arabian Drilling dropped almost 10% each to close at SAR 19.96 and SAR 167.80, respectively.
Saudi Aramco slipped 2% to SAR 30.70, with about 21 million shares traded.
Riyadh Cement declined 4% to SAR 28.90 after the company announced the direct financial impact of the recent fuel price hike on production costs.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ALRAJHI | 84.00 | (4.10) | (4.65 %) | - |
SABIC | 77.90 | (0.20) | (0.26 %) | - |
BAHRI | 23.34 | 0.44 | 1.92 % | - |
SNB | 40.60 | (1.50) | (3.56 %) | - |
SAUDI ARAMCO | 30.60 | (0.70) | (2.24 %) | - |
RIYADH CEMENT | 28.90 | (1.05) | (3.51 %) | - |
SAUDI GERMAN HEALTH | 99.80 | (2.20) | (2.16 %) | - |
On the other hand, Almunajem Foods went nearly limit up to SAR 86.10, recording the highest closing since its market debut.
Bahri rose 2% to end the day at SAR 23.34.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
ALMUNAJEM | 86.10 | 9.96 % | 18.31 | |
SPM | 45.09 | 5.98 % | 22.92 | |
ALYAMAMAH STEEL | 30.65 | 5.87 % | NEG | |
BUDGET SAUDI | 83.10 | 4.79 % | 23.52 | |
2P | 13.75 | 4.36 % | 30.75 | |
Leejam Sports | 193.20 | 3.87 % | 30.26 | |
CHEMICAL | 4.64 | 3.80 % | 33.36 | |
SHAKER | 25.86 | 3.66 % | 21.93 | |
SADAFCO | 360.00 | 3.57 % | 29.85 | |
ASTRA INDUSTRIAL | 129.00 | 3.53 % | 24.19 |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
ARABIAN DRILLING | 262,213.00 | 3,041,103.00 | 1,059.78 % |
ALJAZIRA REIT | 257,339.00 | 2,136,477.00 | 730.22 % |
ALYAMAMAH STEEL | 477,246.00 | 3,348,568.00 | 601.64 % |
ALMUNAJEM | 736,648.00 | 3,790,371.00 | 414.54 % |
BAAZEEM | 2,647,984.00 | 11,778,600.00 | 344.81 % |
SUMOU | 314,098.00 | 1,096,803.00 | 249.19 % |
BAHRI | 593,462.00 | 2,063,550.00 | 247.71 % |
ALBILAD US TECH | 9,453.00 | 31,337.00 | 231.50 % |
ALINMA SUKUK | 1,757.00 | 5,718.00 | 225.44 % |
SPM | 469,025.00 | 1,478,391.00 | 215.21 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Sector Closure
Most Active Companies
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