TASI achieves record consecutive gains, closes 0.2% higher at 12,634
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) closed 0.2%, or 60 points, higher at 12,634 points today, Feb. 21, recording the highest close since August 2022.
Total turnover reached nearly SAR 8.6 billion.
Based on the available data, the benchmark continued to rise for the 15th straight session, recording the most extended series of gains in its history. Total gains reached about 840 points.
The market will remain closed tomorrow, Feb. 22, as the Kingdom of Saudi Arabia celebrates its founding day. Trading activities will resume on Feb. 25.
Market Index
Saudi Aramco rose 1% to SAR 32.
Amiantit went limit up to SAR 26.60 after shareholders approved an increase in capital through a rights offering.
Thob Al Aseel climbed 3% to SAR 4.65 following the company’s financial results and cash dividend.
Company Prices
Company | Price | Change | Change (%) | Events |
---|---|---|---|---|
ETIHAD ETISALAT | 54.80 | (0.70) | (1.26 %) | - |
ALRAJHI | 90.60 | (0.10) | (0.11 %) | - |
AMIANTIT | 26.60 | 2.38 | 9.83 % | - |
SABIC | 79.10 | (0.30) | (0.38 %) | - |
KINGDOM | 7.05 | 0.01 | 0.14 % | - |
SNB | 42.65 | 0.45 | 1.07 % | - |
SAUDI ARAMCO | 32.00 | 0.35 | 1.11 % | - |
ALASEEL | 4.65 | 0.14 | 3.10 % | - |
JADWA REIT ALHARAMAIN | 6.81 | 0.16 | 2.41 % | - |
On the other hand, Etihad Etisalat closed at SAR 54.80 (-1%). The company reported a Q4 2023 profit of SAR 745.9 million, beating market estimates.
stc, Riyad Bank, Maaden, Jarir, Elm, Saudi Budget, AlOthaim and Extra fell between 1% and 4%.
Jadwa REIT Al Haramain rose 2% to close at SAR 6.81 after announcing a cash dividend to unitholders.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
Company | 52 Weeks Range | Price | Change | Price Earnings |
---|---|---|---|---|
AMIANTIT | 26.60 | 9.83 % | NEG | |
ALBAHA | 0.15 | 7.14 % | NEG | |
SALAMA | 26.80 | 4.89 % | 11.57 | |
ATHEEB TELECOM | 101.80 | 4.41 % | 16.79 | |
ALHOKAIR GROUP | 2.96 | 4.23 % | NEG | |
SSP | 38.85 | 4.16 % | 15.60 | |
TAWUNIYA | 151.60 | 3.84 % | 20.60 | |
MEPCO | 46.60 | 3.56 % | NEG | |
LUBEREF | 164.80 | 3.39 % | 13.88 | |
ALASEEL | 4.65 | 3.10 % | 24.18 |
Companies trading above 3-Month Average
Company | Average Volume (3M) | Volume | Percentage Change |
---|---|---|---|
NGC | 335,579.00 | 2,011,717.00 | 499.48 % |
SSP | 842,492.00 | 4,604,280.00 | 446.51 % |
SPIMACO | 648,306.00 | 2,388,758.00 | 268.46 % |
TAKWEEN | 715,951.00 | 2,463,099.00 | 244.03 % |
ALASEEL | 2,758,617.00 | 9,056,598.00 | 228.30 % |
JOUF CEMENT | 169,917.00 | 549,768.00 | 223.55 % |
JADWA REIT ALHARAMAIN | 120,275.00 | 385,129.00 | 220.21 % |
GACO | 480,791.00 | 1,482,672.00 | 208.38 % |
WAFRAH | 730,206.00 | 2,239,655.00 | 206.72 % |
DAR ALARKAN | 6,081,451.00 | 15,720,642.00 | 158.50 % |
More |
Companies achieved the highest and lowest closings in 52 weeks
Company | Price | Change 52 Weeks |
---|---|---|
ALBABTAIN | 32.90 | 124.14 % |
ALKHALEEJ TRNG | 33.25 | 113.14 % |
AMIANTIT | 26.60 | 108.66 % |
TAWUNIYA | 151.60 | 104.64 % |
SAVOLA GROUP | 33.78 | 103.89 % |
ALRAJHI TAKAFUL | 74.00 | 87.25 % |
LUBEREF | 164.80 | 56.36 % |
BAHRI | 27.65 | 54.46 % |
MEPCO | 46.60 | 53.29 % |
ALINMA | 35.60 | 52.92 % |
BUPA ARABIA | 233.60 | 52.48 % |
SULAIMAN ALHABIB | 336.60 | 41.07 % |
LAZURDE | 17.16 | 32.20 % |
ALHOKAIR GROUP | 2.96 | 28.92 % |
SRMG | 243.00 | 28.57 % |
ALBILAD | 40.08 | 24.01 % |
YAQEEN 30 | 52.50 | 16.80 % |
ALAWWAL MT30 | 48.98 | 13.64 % |
Calendar
Company | Event | ||
---|---|---|---|
TADCO | General Assembly | ||
FIPCO | General Assembly | ||
ALLIANZ SF | General Assembly | ||
NAJRAN CEMENT | General Assembly | ||
MOUWASAT | General Assembly | ||
ALDAWAA | Cash Dividend Distribution | ||
SULAIMAN ALHABIB | Cash Dividend Distribution | ||
THEEB | Ex-dividend Date | ||
BINDAWOOD | Ex-dividend Date | ||
MSCI index | Key Events | ||
more |
Sector Closure
Most Active Companies
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